From planning a big events like marriage, foreign tour or home renovation, etc., to facing an unexpected expense, Kotak Personal loans have a solution to your planned or unplanned expenditures with our personal loans. Simply apply for a Kotak personal loan online from the comfort of your home or office and get quick loan disbursal with a seamless experience.
Following individuals are eligible to apply for a Kotak Bank Personal Loan:
Bank | Kotak Bank |
Interest Rate (PA) | 10.25% to 16.00% |
Loan Amount | 1 Lakh to 25 Lakhs |
Processing Fees | PF 0.5% plus GST |
Part-Payment | Not available |
Pre-closure charges | Rs.999/- + GST for 10 Lakhs |
Lock-in Perod | 1 Month |
Tenure | 12 to 60 Months |
If a person borrow a loan of Rs 10,00,000/- with a rate of interest 10.75% per annum for 60 months. Then monthly EMI is Rs.21,618/- per month.