Loans are a situation that most people can relate to. Everyone has borrowed money at one point in his or her life — to pay for a wedding, a vacation, or cover an emergency expense. at Kotak Mahindra Bank, we understand that your needs are ever-growing. That's why we operate on the simple principle: if you require funds for something vital now and for the future, we offer you swift personal loans that come with unmatched convenience and flexibility. Kotak Mahindra Bank offers instant loans to individuals and the self-employed without any collateral. These personal loans can be obtained for a few days up to Rs.25 lakhs. You can choose your loan tenure and ease of repayment, making it easier for you to fulfill your requirements. All you need are three simple documents and a photograph and you will have instant approval on your loan application.
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Mode of Process |
Offline |
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Location |
Delhi-NCR |
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Lending Size and Tenure |
50K-25L (12M to 60 M) |
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ROI |
10.75%-17.99% |
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ROI (Fixed/Reducing) |
Reducing |
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Foreclosure |
After 12M below 10 Lakh at 4% Charges |
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Partial Payment Allowance |
No |
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Dealing in Unsecured OD |
No |
A negative list or negative profile is a list of areas of the city where residents would not qualify for credit approval. In India, this has been a relatively new development.
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Jew |
CONS |
MCD Fourth Grade |
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