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13 OCTOBER, 2021
Raghav had just started his business. He had invested a part of his savings, relying on the business profits for expanding and growing his work. Soon, he received a big order that could generate huge profits for him but lacked enough funds to fulfil. However, being a commerce graduate, he was well versed in financial products like loans. He chose to avail a personal loan rather than letting go of the first chance towards his business success. The fund required for the order completion was received within a week, helping him give a positive boost to his business.
There could be a situation where you need urgent money. It could be for an emergency, medical contingency, working capital, etc. Sometimes these situations are time-based, and delay in arranging funds can lead to loss of opportunity. At such a time, a personal loan can be a great help. A personal loan can enable you to arrange funds urgently and fulfil your needs. Read on to know how a personal loan from Kotak Mahindra Bank can be beneficial for you.
This loan offering has no end-use. That means you can use it for any purpose. So, whether you need to expand your business, pay fees urgently for your child’s school trip, need to pay for a medical emergency or just wish to go on a dream vacation, a personal loan is your answer.
With Kotak Mahindra Bank, you need not wait for months to get the approval and disbursal of the loan money. Once you fill the application form, you can furnish the required documents and get the approval within a few hours.
To avail a personal loan, you need not arrange any asset to furnish as collateral. You can avail the loan solely based on your creditworthiness and repayment capacity.
You need not repay the entire loan amount instantly. You can choose a flexible tenure between 1 to 5 years as per your financial comfort. It would be best to check your affordability with a personal loan EMI calculator and then choose the suitable tenure for yourself.
You can easily apply for a personal loan with minimum documentation and basic formalities. Thanks to the 100% online interface, you need not visit our branch to apply or furnish the documents. All you have to do is meet the personal loan eligibility, apply for a personal loan online and upload the documents. Once the loan gets approved, you would get the loan amount in your bank account in no time.
A financial crisis can knock at your door at any time. But it should not deter you from fulfilling your dreams and living the life you deserve. With a personal loan from Kotak Mahindra Bank, you can get funds urgently and meet your needs without being dependent on anyone. Now, don’t wait further. Apply for personal loans, today.
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