#1
September 19th, 2017, 02:58 PM
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Kotak Mahindra Bank Personal Loan Rate of Interest
Hi I would like to know about the Personal Loan which is offered by Kotak Mahindra Bank including the eligibility and the rate of Interest for Personal Loan offered?
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#2
September 19th, 2017, 03:39 PM
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Re: Kotak Mahindra Bank Personal Loan Rate of Interest
Get a bit nearer to satisfying your fantasies by benefiting our own advances and meet your money related necessities at alluring financing costs. Individual credit can enable you to meet unforeseen costs, for example, wedding use, school or school expenses, dream excursions, home redesign extends or notwithstanding for the buy of shopper durables. Applying for an individual advance is a considerable measure less demanding, fast, and advantageous with Kotak Mahindra Bank. You can likewise apply for an individual credit on the web and get moment answer for all your quick money related requirements. Read on to know more on the best way to get an individual credit in the most bother free way Advantages and Features of Personal Loan: Benefit moment individual advance in India from Rs. 50,000/to Rs. 15,00,000/1 Adaptable reimbursement alternatives Appealing loan costs Insignificant printed material Individual Loan Eligibility Criteria The qualification to benefit Personal advances is as per the following - Every Indian occupant who are workers of either MNCs, Public and Private constrained organizations with a base age of 21 years and greatest age of 58 years are qualified for an individual credit. Other Personal credit qualification criteria - Pay Net month to month pay of Rs. 25,000/ - Least instructive capability - Graduate A long time in city - Minimum 1 year Total work encounter - Minimum 2 years Individual Loan Interest rates and charges - Pay low enthusiasm on individual credits and furthermore advantage from and furthermore advantage from our adaptable reimbursement alternatives. General Schedule of Features and Charges for Loan Loan Personal Loan Interest Rate 11.5% to 24% Loan Processing Charges Upto 2.5% of the loan amount+ service tax/GST and other applicable statutory levies Commitment Charges - Ovedue Interest 3% of Overdue Amount, compounded monthly on the amount due but unpaid from the date of the amount falling due till the date of actual payment Documentation Required for Personal Loan List of documents required for Personal Loan are: • Application Form • 1 Photograph • Identity Proof • Residence Proof • Age Proof • Signature Proof • Ownership Proof • Income Details • Bank Account Statements |
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