Types of Personal Loan Offered in India

Home

Services

Products

Help

Get App

Calculate EMI

You may need extra cash in your pocket for planning a marriage, vacation, home renovation, debt merger, higher education, or for an unforeseen situation like a medical emergency. We got various such needs covered at affordable interest rates with a personal loan. What’s more, it’s instant and collateral-free!

Personal Loan for Marriage

From engagement to the honeymoon, Indian weddings are extravagant. Do not let upfront budget requirements ruin your D-day. Plan your dream wedding without money fret with our marriage loan.

Personal Loan for Travel

Need to book a perfect vacation for your family but are compromising on comfort due to budget constraints? Avail of a travel loan with Kotak and live your family’s dream guilt-free.

Personal Loan for Home Renovation

Do you feel that your home décor is outdated and needs renovation? Think about a stress-free home renovation loan to redesign your abode as per the latest trends.

Personal Loan for Debt Consolidation

You can reduce the burden of many EMIs from different loans in your name through a single debt consolidation loan. It helps you reduce the interest rate and EMI costs.

Personal Loan for Government Employees

Government employees can avail of quick personal loans for major financial needs like a child’s education or wedding. Kotak provides a range of easy repayment choices at attractive interest rates.

Personal Loan for Medical Emergency

Despite thorough planning, you may not always be fully insured to cover medical emergencies. Hassle-free personal loans can ease up the financial burden on your shoulders. The affordable personal loan interest rate makes them your savior in time of need.

Personal Loan for Students

Don’t let the money barrier stop you from pursuing higher education. If you have secured admission whether in India or abroad, fuel your aspirations through a personal loan for students.

Personal Loan for Women

Ladies, is a money crunch stopping you from achieving your dreams? Calculate how much it will cost you through the Personal Loan EMI Calculator, avail of a personal loan, and make it yours now.

Top-up Loan

A personal loan top-up is perfect to meet those unforeseen expenses. Avail of the Personal Loan Balance Transfer facility and transfer an existing loan to Kotak Bank for better loan deals.

Urgent Loan

Benefit from a hassle-free urgent personal loan in the case of an urgent money crisis, Be it an unavoidable trip or a medical emergency, you can pay back with affordable EMIs.

Small Loan

Kotak Mahindra Bank provides our customers with small loans starting from Rs. 50,000. Visit us to get a small loan within a few clicks.

Aadhar Loan

Looking for a no-fuss instant loan? Get verified through biometrics with your Aadhar card as your main KYC document to avail of an Aadhar loan online in a blink.

Personal Loan for 5 Lakhs

Small personal loans up to 5 lakhs can be availed affordably and instantly through Kotak Bank’s website. Check your personal loan eligibility online and get a loan in minimal steps.

Personal Loan for 10 Lakhs

Avail of personal loans for 10 lakhs for your instant financial requirements like weddings, travel, and more. Apply now and enjoy lower interest rates and repayment flexibility at zero collaterals.

Personal Loan for 15 Lakhs

If money is what is stopping you from living your dreams, leave the worries to us. Get an instant personal loan for 15 lakhs now and pay later in affordable monthly installments.

Overdraft Loan

Looking for a personal loan but unsure about actual expenses? You can avail of an overdraft loan which allows you to withdraw funds as and when required from a pre-sanctioned amount.

a-step-by-step-guide-for-you-on-how-to-apply-for-a-personal-loan-from-kotak-mahindra-bank-m

Guide to better personal finance

Frequently Asked Questions

What are the different types of personal loans in India?

You can avail of several types of personal loans in India like a loan for weddings, travel, home renovation, debt consolidation, higher education, medical emergency, etc. without any security. There are different types of bank loans for special categories like women and government employees. Personal loan categories also include small, urgent, and top-up loans.

How can I find the right personal loan that suits my needs?

Choosing a personal loan that suits your needs and being gentle on your pocket can be tough. Always look for lower interest rates, affordable EMI, repayment flexibility, reasonable processing fees, ease of loan disbursement, your eligibility, and clear terms and conditions.

What are the uses of types of Personal Loans?

Personal loans provide an instant and affordable solution to your lump-sum financial needs, be it your wedding, higher education, or home renovation. Different kinds of personal loans allow you to fulfill your dream or cater to emergencies with ease without any collateral.

How to apply for different types of Personal Loans?

To apply for different types of personal loans follow, these simple steps:

Visit https://www.kotak.com/en/personal-banking/loans/personal-loan.html
Click on Apply Now.
Fill out your basic details on the application form to check your eligibility.
Fill out some more details to get in-principal approval.
Select the loan amount and desired tenure to complete your loan application.

View All

People also looked at

Gold Loan

Make optimum use of your gold reserves collected over the years. Get quick and easy financing with Gold Loan from Kotak Bank at attractive interest rates.

Loan Against Securities

Capitalize on your investments without selling them by applying for Loan Against Securities from Kotak Bank.

Business Loan

Do not worry to bear the pressure of starting a new business all alone. Grab every opportunity to grow your business with Business Loan from Kotak Bank.