Popular Products
Show More
Quick Help
Show More
Frequently Asked Questions
Show More
Guide to better personal finance
Learn how to calculate personal loan EMI with Excel formula & function
Decoding the Influence of GST Rates on Personal Loans: A Comprehensive Guide
Here's How Personal Loan Can Assist You With Your Pre & Post Wedding Planning
4 Benefits of Funding This Festive Season With a Personal Loan!
Personal loan interest rate at Kotak Mahindra Bank starts at as less as 10.99% per annum. In some cases, however, it can be charged at 10.99% per annum. For Kotak bank account holders attractive benefits, discounts and offers are available on personal loan. Furthermore, if the applicant already has another personal loan with a different bank, they can opt for a personal loan balance transfer to avail lower rates of interest with Kotak Bank and consolidate their debts.
Juggling through high interest rates on personal loans can put a strain on one’s financial flow. Opting for a personal loan balance transfer when you have an ongoing loan with a different bank helps you reduce your debt burden. With lowest interest rates at Kotak Mahindra Bank, our applicants can avail the ease of a hassle free documentation - verification process alongside flexible loan repayment options. Here’s what you need to do to opt for personal loan balance transfer:
Speak to a Kotak Expert -
Clear the Eligibility Criteria -
Documentation -
To get the transfer process started, you will be required to submit the following
documents to the bank:
Applicants should be:
Corporate Salary (Salary with Kotak): Rs. 25,000/- per month
Non-Corporate Salary (Salary with other banks): Rs. 30,000/- per month
Kotak Employees: Rs. 20,000/- per month
Lowest interest rates, quick loan approvals, hassle-free documentation, flexible usage, and part prepayment facility are some of the reasons to borrow a personal loan in Chennai from Kotak Mahindra Bank.
Kotak Mahindra Bank requires the borrowers to provide the bank with minimal documentation. All you need to submit is one photograph, proof of identity, residence, signature, ownership and age, and details about your bank account and income.
The Personal Loan EMI calculator on the Kotak website can help you find out how much EMI you may need to pay against a given loan amount. You can try out various permutations and combinations to find out the best rate possible. A Kotak expert can also guide you through this process.
Get the best personal loan in Chennai from Kotak Mahindra Bank. The personal loan amount starts from Rs. 50,000 and can go upto as high as Rs. 40 lakhs. So, you are able to take care of a vast variety of your financial needs. However, before you apply for a personal loan in Chennai from Kotak Mahindra Bank, ensure that you determine your personal loan eligibility. Your personal loan amount depends on your eligibility.
Getting a personal loan in Chennai is now convenient, thanks to Kotak Mahindra Bank’s hassle-free and easy loan application process. The loan approval process is also quick, and the approved funds can be disbursed to your bank account in just 3 seconds. Kotak Mahindra Bank provides the borrowers with some of the best personal loans in Chennai for a variety of financial needs. To avoid any disappointment, be sure to submit all the details and mandatory documents.
Help Center
Locate us
