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