Kotak Mahindra Personal Loan: if you also have 5 lacks RupeePersonal Loan from Payo to Rs 40 Lakh Hato Hath If you want to get then this article of ours is only for you. demand and need are being written keeping this in mind because we are going to give you a detailed Kotak Mahindra Personal Loan Will tell about, for which you will have to stay with us till the end.
Here, we want to tell all of you that, all of you applicants and readers Kotak Mahindra Personal Loan According to a Personal Loan of Rs 5 Lakh and Personal Loan of Rs 40 Lakh For certain squads they are ready to go must be done so that you are can easily personal loan Can apply for
Finally, at the end of the article, we will give you quick links will provide so that all of you can easily latest articles can be obtained first.
Kotak Mahindra Personal Loan – Overview
| Name of the Article | Kotak Mahindra personal loan |
| Type of Article | latest updates |
| Mode of Application | online |
| Who Can Apply For This Loan? | Kotak Customers and Non Customers Can Apply For This Loan |
| Detailed Information | Please Read This Article Completely. |
Get a personal loan of Rs 5 lakh to 40 lacks sitting at home, how to apply – Kotak Mahindra Personal Loan?
In this article, we are Hearty welcome want to do that, Kotor Personal Loan want to take and that’s why we, all of you applicants Kotak Mahinda Company to be given Kotak Mahindra personal loan Want to tell about, which you have to read this article carefully.
Let me tell you that, Kotak Mahindra Personal Loan To apply for an Online Application Process have to adopt which detailed process We will provide you the information in this article, so that you can easily Loan For Application Can do
Finally, at the end of the article, we will give you quick links will provide so that all of you can easily latest articles can be obtained first.
Required Fees & Charges Chart of Kotak Mahindra Personal Loan?
| Charge type | Applicable Amount |
| Personal loan interest rate (Fixed) | Starting from 10.99% p.a. |
| Loan processing fees (Non-Refundable) | up to 3% of the final loan amount plus applicable taxes. Will be deducted from the loan amount at the time of disbursal. |
| Stamp Duty Charges | As per the respective State’s Stamp Act |
| Overdue EMI interest | 3% per month on the overdue installment amount |
| Collection charges in case of delay or /bounce of EMI | INR 150 + 3, of Interest on overdue EMI |
| EMI dishonor / Bounce charges | INR 500 plus taxes per instance |
| Swap charges, ie charges for change in repayment mode, repayment instrument or EMI date | INR 500/- plus applicable taxes per instance |
| Lock-in period structure for foreclosure: | A) Loan tenure <= 18 months: Lock-in period will be half of the total tenure period.
B) Loan tenure > 18 months: Lock-in period WiIt’ll be 12 months. |
| Foreclosure charges | Post-completion of the lock-in period Paid within 0-36 months – 4% of Principal outstanding Paid beyond 36 months – 2% of Principal outstanding |
| Part pre-payment charges | For loans disbursed on or before – 1st February 2020 – Part Pre-payment is not allowed
For loans disbursed after 1st February 2020 – Post completion of 12 months -Part-Prepayment is allowed up to 20% of the Principal loan outstanding. The charge per instance of part payment is INR 500 plus taxes |
| Physical SOA or Amortization Schedule | Once a year- No charge. Post that -INR 200 plus taxes per request |
Required Eligibility For Kotak Mahindra Personal Loan?
| Nature of employment | Empleaseoyed with an MNC, public limited company, or private limited company |
| age | 21 years to 60 years |
| Minimum monthly income | Corp Salary borrowers: Rs. 25,000
Non-Corp Salary borrowers: Rs. 30,000 An employee of Kotak Mahindra Bank: Rs. 20,000 |
| Minimum educational qualification | graduation |
| work experience | At least one year |
How to Avail of a Low Personal Loan Interest Rate?
Getting an affordable personal loan is easy if you monitor your financial behavior. You can avail of a low personal loan interest rate if you can:
- prove your creditworthiness
- maintain a good credit rating
- choose a lender offering low-interest rates
- look out for seasonal offers
- ensure employment and income stability
Required Documents For Kotak Mahindra Personal Loan?
To apply for this personal loan, all the applicants need to submit some documents. scan and upload have to be done which are as follows –
To take a loan of Rs 5 lakh, you will have to fill in these documents
- PAN Card
- Aadhaar Card
- Last 3 months’ bank statements of salary account – not required if uploaded via net banking
To take a loan of 40 lakh rupees, you will have to fill in these documents
- A valid identity proof like your PAN Card, passport, Aadhaar card, Voter’s ID Card, or driving license
- A valid residence proof like your passport, Aadhaar card, Driving license
- Bank statement of the last 3 months that contains your income details
- Salary slip of the last 3 months if you are a salaried employee
- 2-3 passport-sized photographs etc.
all the above documents scan and uploaded have to do so that you can easily Personal Loan Can apply for
How To Apply Online For Kotak Mahindra Personal Loan?
All your youth and citizens who Kotak Mahindra Personal Loan Want to get by following these steps Application have to be done which are as follows –
- Kotak Mahindra Personal Loan For Come Monday To do this, first your Official Website Will have to come to the home page which will be like this –
- After coming to the home page, your Apply Now of oPshwill not be found on which you have to click,
- After clicking, a new page will open in front of you, which will be like this –
- Now you have to carefully form must be filled
- after that, you verify OTP Click on the option of
- After clicking, a new page will open in front of you where your application form you will get which you have to fill out carefully,
- all required documents Scaupload by not have to do and
- Lastly, you submit have to click on the option of full loan amount directly to your bank accounts in, Deposit Will be done, etc.
After following all the above steps, all of your customers can easily Kotak Personal Loan For Application You can do it and get benefits from it.
summary
In this article, we have given you all Kotak Mahindra Not only customers and non-customers of Kotak Mahindra Personal Loan told about but we have given the complete Online Application Process about, told so that all of you Kotak Mahindra Personal Loan For Application Do it and get the benefit of it.
Finally, at the end of the article, I hope that all of you must have liked this article very much, for you will like, share and comment on this article.
quick links
| Apply Online | Click Here |
| Official Website | Click Here |
FAQ’s Kotak Mahindra Personal Loan
Can I get a loan for a salary of 15000?
Broadly, banks and NBFCs would offer personal loans up to Rs 150,000 for those with a salary of less than Rs 15,000 per month. However, some lenders may offer an even higher amount based on some factors, including other sources of income such as rent, etc.
Is Kotak good for a personal loan?
Is Kotak good for a personal loan? Kotak Mahindra Bank offers very good interest rates for personal loans. It has a fixed interest rate starting from just 10.25% pa. The eligibility for acquiring a loan from Kotak Mahindra Bank is simple and hassle-free. Kotak salaried personal loan _ Kotak Mahindra personal loan customer care _ Kotak personal loan interest rate _ Kotak Mahindra’s personal loan status _ Kotak personal loan calculator _ Kotak Mahindra bank personal loan apply _ Kotak personal loan login _ Kotak Mahindra bank personal loan eligibility
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