Kotak Mahindra Bank

Kotak Mahindra Bank

Bank Name
Interest Rate Range
Processing Fee Range
Loan Amount
Tenure Range

Rate of Interest

  • Floating rate of Interest : 10.99% p.a. to 18.15% p.a.
  • Fixed Rate of Interest : 11%

Eligibility Criteria

  • Age at least 21 and less than 55
  • Must be salaried Indian residents working at MNCs, public companies, and other large private organizations
  • Income showed must be more than Rs. 25,000 per month

Fees and Charges

  • Processing Fees 0% - 2.5% depends on type and category of borrower
  • Preclosure Charges – Rs 0
  • Part Payment charges- Rs 0
  •  No any other hidden charges

Documents Required

  • KYC- Pan Card, Adhar Card, ID Proof and Address proof
  • ITR with computation for 3 years with Income proof
  • Bank Statement
  • Photograph

Value Additions

  • Doorstep services
  • E- approvals
  • Part payment allowed

Special Feature

  • No guarantor required
  • No pre-closure or part payment fees
  • Balance Transfer Allowed
  • Top up available

Overview about Kotak Mahindra Bank

Your Eligibility depends on following

You can increase your eligibility by doing following

Rate of Interest and Other Charges for Business Loan are following

Existing Loan take over or New Loan

Features of Loan