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18th October 2017, 01:30 PM
Super Moderator
 
Join Date: Aug 2012
Re: Personal Loan at Kotak Mahindra Bank

As you Asking for the Information About the Personal Loan of the Kotak Mahindra bank is given below

Personal loan

Personal loan can help you meet unexpected expenses such as wedding expenditure, school or college fees, dream vacations, home renovation projects or even for the purchase of consumer durables. Applying for a personal loan is a lot easier, quick, and convenient with Kotak Mahindra Bank.

Benefits :

Avail instant personal loan in India from Rs. 50,000/ to Rs. 15,00,000/1
Flexible repayment options
Attractive interest rates
Minimal paper work

Eligibility Criteria:

The eligibility to avail Personal loans is as follows -


Other Personal loan eligibility criteria -
Income Net monthly salary of Rs. 25,000/-
Minimum educational qualification - Graduate
Years in city - Minimum 1 year
Total work experience - Minimum 2 years


Interest Rate 11.5% to 24%

Charges

Loan Processing Charges Upto 2.5% of the loan amount+ service tax/GST and other applicable statutory levies
Documentation Charges -
Stamping Charges Applicable as per the respective State's Stamp Act
Credit Administration Charges -
Credit Appraisal Charges Upto 5% of the Loan amount, not exceeding Rs. 7500(inclusive of GST/Service tax)

For more information you may Contact to the Nearest branch of the Kotak Mahindra Bank


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