Everyone suffers from financial crisis in life. A personal loan is the best option for fulfilling your dreams or balancing your debts. In this loan, you don’t have the tension of collateral. The banks provide you with the loan based on your CIBIL  score. You are free to use the amount as per your needs. Apply today for a personal loan on our website and avail exclusive deals from Kotak Mahindra Bank.
To know more, visit Personal Loan

About Kotak Mahindra Bank

Kotak Mahindra Bank is a private bank of India. It was established and got a license from RBI in 2003. It provides financial products to the customers. The major products of the bank are loans, banking, insurance, investment banking, and wealth management. The bank is praised and preferred by the customers for its excellent products and services.

Kotak Mahindra Bank Personal Loan Uses

  1. Kotak Mahindra Bank Personal Loan can be avail for educational purposes.
  2. You can also apply for a Personal Loan to handle wedding expenses.
  3. You can also opt for the option of Personal Loan to pay off your Credit Card bills and medical bills.
  4. Personal Loan can help you with the Renovation of your house.
  5. You can also use the Personal Loan for buying the used vehicle.
  6. Furthermore, you can avail a Personal Loan to boost your business.
  7. Farmers prefer to get a personal loan for agricultural activities.

Interest rate of Kotak Mahindra Bank Personal Loan

  1. Kotak Mahindra Bank Personal Loan provides you with the loan at meagre interest rates as compared in the market.
  2. It depends on your income and the applicant type, i.e. whether you are a salaried, self-employed or a pensioner applicant.
  3. It usually starts at 10.75% per year.

Kotak Mahindra Bank Personal Loan Benefits

  1. Loan Amount: From Rs.50, 000 - 50 lakh* you can avail of a loan for any purpose based on your income and repayment capacity and fulfil all your financial needs.
  2. Quick approval: With a Personal Loan of Kotak Mahindra Bank, turn your dreams into reality in as less as 72 hours.
  3. Hassle free processing and Minimal paperwork: Leave you tension and hassle-free on our minimal document requirements. Worries are kept at bay additionally, as no security or collateral is required.
  4. Options of Flexible repayment: For salaried customers, our flexible loan tenors are range from 12 - 60 months and for people in business or professionals, who don't overburden you with a worry to pay hefty EMIs are range from 12- 36 months.
  5. Document Pickup Service at your doorstep: Fix an appointment with any of our representatives and your loan formalities can be assisted by them. Interest Rates: 13.25% to 24%
 

Kotak Mahindra Bank Personal Loan Eligibility

There are some rules for the applicant who wants to apply for Kotak Mahindra Bank Personal Loan. The eligibility criteria are as follows:

For Salaried Applicant

  1. The age required for the salaried applicant should be 21 minimum to 60 maximum. 
  2. The income of the salaried person should be at least 18,000 per month. It is must have a salary account as a loan is not provided to the person to gets his salary on the hand.
  3. CIBIL score should be more than 700.
  4. Id proof required for the salaried applicant is aadhar card/pan card,/voter card.
  5. Address proof required for the salaried applicant is Adhaar Card/Pan Card/Voter Id /Passport/Driver License/Electricity, Bill.
  6. The minimum employment tenure of the applicant should be at least 12 years in a specific company.
  7. The salaried applicant can get a loan minimum of 1.5 lakh to a maximum of 20 lakhs depending on the salary of the applicant.

For Self Employed Applicant

  1. The age required for the Self-Employed applicant should be 25 minimum to 65 maximum.
  2.  ITR is a must process. It should be at least 2.5 from last three years.
  3. CIBIL score should be more than 700.
  4. Id proof required for the salaried applicant is aadhar card/pan card,/voter card.
  5. Address proof required for the salaried applicant is Adhaar Card/Pan Card/Voter Id /Passport/Driver License/Electricity, Bill.
  6. The minimum employment tenure of the applicant should be at least  60 years.
  7.  The self-employed applicant can get a loan of a minimum of 1.5 lakh to maximum 50laks depending on the CIBIL score of the applicant.

Kotak Mahindra Bank Personal Loan Documentation

The Documentation Procedure of the Kotak Mahindra Bank Personal Loan are as follows:

One Identity Proof

There are more than one documents that you can present as proof of your identity. It can be one of the given.
1.     Aadhar Card
2.    PAN Card
3.    Driving License
4.    Voter ID Card    

One Residence Proof

1.    Aadhar Card
2.    PAN Card
3.    Driving License
4.    Voter ID Card
5.    Ration Card
6.    Electricity and water Bills for the last six months.

Income Proof 

Salary slips of last three months and bank statement of last six months. In the case of self-employed applicant ITR of the previous three years is required.
2 Passport sized coloured photographs.
 

Kotak Mahindra Bank Personal Loan Features

  1. The procedure of the Kotak Mahindra Bank Personal Loan is simple.
  2. The documentation policy is minimal.
  3. Loan approval is quick if your documents and eligibility are suitable for the Kotak Mahindra Bank Personal Loan.
  4. Kotak Mahindra Bank offers personal loans at less interest rate. The benefits of taking a personal loan from Kotak Mahindra bank are listed below.
  5. Avail loans from Rs.50,000-50 lakhs.
  6. Quick Approval & hassle-free processing.
  7. Minimal paperwork.
  8. Flexible repayment options.
  9. Besides this, you can apply online for a Kotak Mahindra Bank personal loan.
  10. There is no need for any collateral because a personal loan is an unsecured loan.
  11. Repay with easy EMIs
  12. The convenience service at your doorstep.

How to Apply for a Kotak Mahindra Bank Personal Loan?

1.    Visit our website in www.dialabank.com
2.    Fill the online application form. The contact number is mandatory.
3.    Submit all the documents
4.    Check your Eligibility: There is an EMI calculator on our site so that customers get to know about their EMI.
5.  After your documents are proper, your Loan will get sanctioned quickly.
6.    You will get a pickup facility of your documents to your place.
7.    Responsive: The customer will get the call within 24 hours.  After filling the above form, our Relationship manager will solve your query with 24 hours.

Why apply for a Kotak Mahindra Bank Personal Loan in Dialabank?

1.    Dialabank is the first financial helpline of India having experience of many years.
2.    You will get a query response quick.
3.    There are no other charges for the customer queries.
4.    For further queries, you may call us on 9878981166.

Frequently asked questions for Kotak Mahindra Bank Personal loans.

1. What is Kotak Mahindra Bank Personal  Loan?
 Under Kotak Mahindra Bank Personal Loan, you can get the loan amount from the bank for a specific time. It provides you with the lowest interest rate. It is not required to keep an asset for the guarantee to get the Loan.
2. What is Kotak Mahindra Bank Personal Loan Interest Rate?
Kotak Mahindra Bank will provide you with low interest rate at 13.00% rate with the lowest EMI of RS.2,683 Per lakh if you are paying more than this EMI than you can go for a balance transfer.  You can pay back your Loan in 12 months to 48 months.
3. What is Kotak Mahindra Bank Personal Loan Eligibility?
You can apply for the Kotak Mahindra Bank Personal Loan if you are a citizen of India. You should be above the age of minimum 21 years to a maximum of 58 years. Both salaried and self-employed applicants can apply.
4. What are the details of Kotak Mahindra Bank Personal Loan?
It is one of the best banks for the Loan as it helps you according to your needs. It has special offers for government employees. You can get get the Loan quickly if you are eligible for the Loan.
5. How to apply online in Kotak Mahindra Bank Personal Loan?
For the best services, go on our website www.dialabank.com  and fill the form which requires your necessary details. You will get a call from our side within 24 hours, and we will guide you for the best offers. Contact number which is working is mandatory.
6. How to check Kotak Mahindra Bank Personal Loan EMI with EMI calculator?
Visit our site Dialabank and select the option of tools and calculator . after that, you can choose the option of EMI check and easily calculate the Loan EMI.
7. How can we apply for Kotak Mahindra Bank Personal Loan?
For the Loan, you have to fill the above form and submit. Then your request will be accepted by dialabank, and within 24 hours you will get a call from our Relationship Manager who helps you with the further details.
8. What is Kotak Mahindra Bank Personal Loan contact number?
You can apply online at our official website of Dialabank and also contact us on 9878981166.

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