Get a Personal Loan of up to Rs. 5 lakh instantly*

A personal loan is a multipurpose loan that allows funds for varied financial uses. The loan is unsecured and has an easy application process to avail of the funds efficiently.

Personal loan EMI Calculator is a tool to help you calculate the monthly installment.

● Click on ‘Apply Now’ at Kotak Bank’s homepage

● Enter your details to check eligibility

● Fill in some additional details to get In-Principal approval letter from the bank

● Select loan amount and tenure

● Submit documents

● Opt for digital(Aadhar OTP-based) agreement authentication

• Identity Proof
• Address Proof
• Income Proof
• KYC can be completed online either via video mode with an Aadhar Card or using biometrics or Aadhar OTP

Various bank lenders provide you with a different range of personal loan amounts. At Kotak Mahindra Bank, we provide instant personal loans anywhere from Rs. 50,000 to Rs. 40 lakhs. That too, at attractive interest rates starting from as low as 10.99% per annum. You can also enjoy a flexible tenure from 1 year to 5 years, allowing you to repay the loan comfortably.

Instant personal loans from Kotak Mahindra Bank can fulfill a wide range of your financial needs. We provide our borrowers with marriage loans, travel loans, loans for home renovation and medical loans to attend to emergencies. Upon application, if all your documentation is in place and you also meet the eligibility requirements, your loan can be disbursed in as less as 3 seconds.

You can visit Kotak Mahindra Bank’s website and, under the “Service Request’ tab, you can check the status of your personal loan.

A personal loan is an unsecured loan, so it requires no collateral in exchange. The lender bank verifies the borrower’s creditworthiness to provide them with such loans. So, if you have a good credit score, then a personal loan can be your friend in need.

You can use a personal loan for a wide range of financial needs. Kotak Mahindra Bank lends personal loans for weddings, home renovations, travel and medical emergencies to name a few.

Kotak Mahindra Bank’s personal loan amounts range from Rs. 50,000 to Rs. 40 lakhs, with a flexible tenure of 1 to 5 years and an attractive interest rate starting from 10.99% per annum. That covers many of your financial needs and even allows you to repay the loan amount comfortably.

Apart from all these, Kotak Mahindra Bank offers efficient customer service, an easy application and document process and a quick loan disbursement.

At Kotak Mahindra Bank we have a fast personal loan application process. The approval process is also quick. If you meet the eligibility criteria and submit all the required documents, then you can expect the approval on your personal loan application in as less as 48 hours. Our online application process allows quick disbursements, in just 3 seconds. You can even track your application status on the Kotak Bank website.

For quick approvals, make sure you go through the eligibility parameters and documentation list. Kotak Mahindra Bank has a simple eligibility requirement. Individuals in the age group of 21 and 60 years can apply. They must be graduates with at least one-year employment. Kotak Mahindra Bank expects a minimum documentation from the borrowers. You need to submit documents like application form, your photographs, proof of identity and residence, to name a few.

No. You need not provide any security or collateral to apply for a personal loan, because it is an unsecured type of loan. The lender will determine the borrower’s creditworthiness and then provide them with a personal loan.

You can improve your creditworthiness in various ways if you are planning to apply for a personal loan. Maintaining a good credit score is essential. Your credit history and credit score reflect your repayment ability. If the lender bank is convinced about your capacity to fully repay the loan, then they will lend you the necessary funds.

Kotak Mahindra Bank provides personal loans for various reasons like weddings, travel, renovations and medical emergencies depending on your needs. You can avail of a personal loan from us at attractive interest rates and for flexible tenures. Find out more about borrowing a personal loan from Kotak Mahindra Bank and fulfill all your financial needs.