Shifting to a New City? Here is How Kotak Bank's Personal Loan Will Help You Relocate!

Get Kotak League Platinum Credit Card & earn 8X reward Points on your every spends of Rs.150 across all categories.
Know More
Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
At your request, you are being re-directed to a third party site - https://www.billdesk.com/pgmerc/kotakcard/ wherein you can make your payment from a different bank account. Kotak Cards does not guarantee or warrant the accuracy or completeness of the information, materials, services or the reliability of any service, advice, opinion statement or other information displayed or distributed on the third party site. You shall access this site solely for purposes of payment of your bills and you understand and acknowledge that availing of any services offered on the site or any reliance on any opinion, advice, statement, memorandum, or information available on the site shall be at your sole risk. Kotak Cards and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by BilIDesk whose site you are about to access. Neither Kotak Cards nor any of its affiliates nor their directors, officers and employees will be liable to or have any responsibility of any kind for any loss that you incur in the event of any deficiency in the services of BiIIDesk to whom the site belongs, failure or disruption of the site of BilIDesk, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials.
Note: Available in select banks only. Kotak Cards reserves the right to add/delete banks without prior notice. © Kotak Mahindra Bank. All rights reserved
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
16 DECEMBER, 2021
Shifting to a new city can be exciting as well as stressful. While the thought of starting your life from scratch in a new place is frightening, the excitement of gaining new experiences is no less. However, for a smooth relocation process, having adequate finances is crucial. You must have enough funds to cover the cost of moving your belongings and then settling down comfortably in the new city.
Depending on your savings might not be the best idea as you would need them for other expenses post shifting. A personal loan from Kotak Mahindra Bank can help you relocate without digging into your savings. Read on.
Shifting to a new city brings with it many uncertainties. If you are unable to continue your job, it could be challenging to keep yourself afloat for a few months. When you avail a personal loan, you can repay the loan as per your convenience. With Kotak’s personal loans, you can choose the tenure of your choice and repay the amount in comfortable EMIs. You can avail the personal loan for a tenure ranging from 1 to 5 years. Choosing a comfortable tenure would help you repay the loan comfortably without straining your budget. Make use of a personal loan EMI calculator to learn about your loan EMIs.
You need to spend many funds on relocation. You would need to pay movers and packers, pay travel charges for your vehicles, pay travel fare, pay rent or down payment for your new home, buy essentials for your new home, etc. All these could add to a significant amount. With a personal loan, you can manage all your expenses without depleting your savings. With us, you can avail a personal loan of up to Rs 40 lakhs.
What if you need to relocate immediately? It could be difficult to arrange enough money in a short period. However, with a personal loan, you can get quick access to funds without the need to wait for weeks. If you fulfil the personal loan eligibility, you can get the loan amount in your bank account within 24 hours. Moreover, the whole process of applying for a personal loan from Kotak Mahindra Bank is digital so that you need not run to the branch office while managing the shifting.
You can get a personal loan and fund your entire relocation at competitive personal loan interest rates. With us, you can get a personal loan at interest rates starting at 10.25%.
You can get a personal loan instantly with us. The online interface makes the application and approval process quick and easy. Once you have furnished the documents, you can get the approval within a few hours.
Shifting to a new city can be a thrilling experience if you have the funds to manage the relocation process. A personal loan can help you initiate the relocation process immediately, even if you do not have enough funds right away. So wait no more, apply for a personal loan and get started on a new adventure.
You have already rated this article
OK