MSMEs
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors

Quarter wise Position of MSME Loans disposed

Position of MSME Loans disposed in Q4 FY 2021-22
Position of MSME Loans disposed in Q1 FY 2022-23
Position of MSME Loans disposed in Q2 FY 2022-23
Position of MSME Loans disposed in Q3 FY 2022-23
Position of MSME Loans disposed in Q4 FY 2022-23
Position of MSME Loans disposed in Q1 FY 2023-24
Position of MSME Loans disposed in Q2 FY 2023-24
Position of MSME Loans disposed in Q3 FY 2023-24
Position of MSME Loans disposed in Q4 FY 2023-24

Timelines for processing applications under MSME

All the applications received from MSME customers sourced by Kotak Mahindra Bank Limited (KMBL) through its various channels will be handled as per the timelines hereunder:

S No

Particulars

Timeline

1

Scrutiny of MSME Application for eligibility to avail loan

Within 3 Working days

2

Documenting Application and Primary Loan Appraisal Documents

Within 7 working days

3

Credit approval process depending upon the amount involved

Within 3 weeks

4

Decision to be conveyed to the customer along with the terms of credit

Within 4 days of credit decision

5

Disbursal of loan amount

Within 4 working days of completion of entire loan document execution

 

Kotak Bank is committed to provide necessary support to the MSME sector and timeline mentioned above are only outer timelines and efforts would be made to deliver best closure timelines on individual case to case basis.

 

Please Note:

  • Nomination facility is available on all deposit accounts, articles in safe custody and safe deposit vaults.
  • Bank exchanges soiled notes and mutilated notes.
  • Bank accepts / exchange coins of all denominations.
  • If a banknote tendered at the branch is found to be counterfeit, bank will issue an acknowledgement to the tenderer after stamping the note.
  • We accept direct tax collection.
  • We open 'No frills' accounts.
  • The Bank will consider the clear balance available in your account at the beginning of the day to process cheques in Inward Clearing.