2 Lakh Personal Loan on Aadhar Card

Home

Services

Products

Help

Get App

₹2 Lakh Personal Loan on Aadhaar Card

Loan Amount

Interest Rate (% P.A.)

Tenure (Years)

is your monthly EMI

Apply Now

Securing a loan can often feel like a complex and time-consuming process. That's where our Personal Loan on Aadhaar Card steps in to simplify your financial journey. Whether you require funds for a medical emergency, education expenses, or any other financial need, our loan offers a simple yet effective solution.

With Kotak’s attractive interest rates and hassle-free online application process, we aim to make borrowing a smooth experience. Say goodbye to collateral, lengthy paperwork, and endless queues. We're here to provide you with the financial support you need without unnecessary complexities.

Apply for ₹2 Lakh Personal Loan on Aadhaar Card Online

At Kotak Mahindra Bank, convenience is the name of the game. We understand your time is valuable, so we've streamlined the loan application process to make it as effortless as possible. Our online platform allows you to initiate the application, upload necessary documents, and complete the process without needing multiple visits to a physical branch.

Securing a loan has never been easier. With our user-friendly online platform, you can apply for a ₹2 Lakh Personal Loan on Aadhaar Card from the comfort of your home or office. Say goodbye to long queues and endless paperwork.

₹2 Lakh Personal Loan on Aadhaar Card: Key Features and Services

Our ₹2 Lakh Personal Loan on Aadhaar Card is here to provide you with the financial support you need while offering a range of benefits that set us apart. When you choose our products, you're choosing a hassle-free borrowing experience. Here are the key features and services that make our loan the right choice for you.

Quick Approval

We understand that urgent financial needs can arise anytime. That's why our loan offers swift approval, ensuring you can access funds when needed.

Attractive Interest Rates

Borrowing doesn't have to be costly. With competitive interest rates, we ensure you can access the funds you require while keeping your budget in check.

Flexible EMIs Option

We believe in providing financial solutions that match your unique circumstances. Choose from various tailored repayment plans that align with your financial capacity, making it easier to manage your loan.

List of Document Requirements for ₹2 Lakh Personal Loan on Aadhaar Card

Here's a list of documents required to apply for a ₹2 Lakh Personal Loan on Aadhaar Card. These documents are necessary to facilitate a smooth and hassle-free loan application process.

Document Type	Acceptable Documents
Identity Proof	Aadhaar Card, Voter ID, Passport, or Driving License
Address Proof	Aadhaar Card, Utility Bills, Voter ID, Passport
Income Proof	Recent 3 salary slips, bank statements, or ITR documents

₹2 Lakh Personal Loan on Aadhaar Card - Interest Rates & Charges

Here's an overview of the interest rates and charges for our ₹2 Lakh Personal Loan on Aadhaar Card.

Interest Rate	Starting at 10.99% per annum
Processing Fee	Up to 3% of loan amount + Applicable Taxes
Pre-payment Charges	₹500 + taxes for every instance of pre-payment
Repayment Mode Swap Charges	₹500 + Taxes per instance
EMI Bounce Charges	₹500 + Taxes per instance

EMI for ₹2 lakh Personal Loan on Aadhaar Card for Tenures of 1-6 years

Planning your finances is crucial. Here's a tabular breakdown of the EMI for a ₹2 lakh Personal Loan with tenures ranging from 1 to 6 years.

Loan Amount (₹)	Interest Rate (per annum)	Tenure (years)	EMI (₹)
2 lakh	10.99%	1	₹17,675
		2	₹9,320
		3	₹6,546
		4	₹5,168
		5	₹4,347
		6	₹3,805

Eligibility Criteria for ₹2 Lakh Personal Loan on Aadhaar Card

Please review the following requirements to ensure you meet the eligibility criteria for our ₹2 Lakh Personal Loan on Aadhaar Card.

Eligibility Parameter	Eligibility Criteria
Age	21 to 60 years, catering to a wide range of professionals
Employment	Minimum 1 year of employment at an MNC, public, or private limited company
Minimum Salary	● Kotak Bank Salary Account holders: Minimum monthly salary of ₹25,000 ● Non-Kotak Bank Salary Account holders: Minimum salary of ₹30,000 ● Kotak Bank Employees: Minimum monthly salary of ₹20,000

Eligibility Parameter

Eligibility Criteria

Age

21 to 60 years, catering to a wide range of professionals

Employment

Minimum 1 year of employment at an MNC, public, or private limited company

Minimum Salary

● Kotak Bank Salary Account holders: Minimum monthly salary of ₹25,000

● Non-Kotak Bank Salary Account holders: Minimum salary of ₹30,000

● Kotak Bank Employees: Minimum monthly salary of ₹20,000

How to Apply for ₹2 Lakh Personal Loan on Aadhaar Card?

Applying for a ₹2 Lakh Personal Loan on Aadhaar Card is simple and straightforward. Follow these steps to start this journey to financial freedom.

Check Eligibility: Use our online tool to determine your eligibility based on the criteria defined by us and by using the Eligibility Calculator. This tool will provide you with a clear understanding of the loan amount you can secure.
Document Submission: Say goodbye to tedious paperwork. Easily upload copies of your Aadhaar Card, address proof, and income documents through our hassle-free online process. It's a convenient way to submit the necessary documents for your application.
Loan Application: Fill out the online application form with your details. We use a user-friendly interface that guides you through the process, ensuring you provide all the necessary information.
Loan Approval: Quick verification leads to fast approval. We understand the importance of a timely response, and our efficient approval process proves this belief.
Disbursal: Once your loan is approved, the loan amount is swiftly credited to your account. You can now use the funds to solve your financial problems without delay.