Fees & Charges:

• Preclosure fee - 5% of principal outstanding + taxes

Eligibility:

• Age - 21-50 years 
• Monthly income - min. 20,000
• Job experience - Min. 1 year
• should be a salaried person (in public or private sector)

Features & Benefits:

• Service at your door-step 
• Customers can enjoy E-approval 
• Avail Top-up loan facility 
• Easily balance transfer 
• No need for the guarantor

Address Proof:

Identity Proof:

• Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

• Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

• Last 3 months salary slip 
• Form 16 + Last 2 years IT returns 
• Income computation certificates by CA for last 2 years 
• Bank statement for last 6 months

Short Description:

Kotak Mahindra Personal Loan gives an attractive interest rate, Minimum documentation and no requirement of collateral or guarantor with over 500 branches in India.

Bank Description:

Kotak Mahindra is the first Financial company in India to be converted into Bank in 2003 and till now, it is operating more than 500+ branches and 1000+ ATM nationwide. Its personal Loan  gives attractive interest rate, Minimum documentation and no requirement of collateral or guarantor.