Kotak Mahindra Bank
Kotak Mahindra Bank Personal Loan
Data Verified
Last checked: 25 Feb 2026Best for salaried professionals in metropolitan cities who prioritize customer service and part-payment flexibility.
Hassle-free personal loans with quick approval, attractive interest rates, and minimal documentation for diverse financial requirements.
Fast DisbursalLife Insurance CoverTop-up LoanOnline ManagementPart-payment Facility
Interest Rate
9.98%
Starts From p.a.
Max Tenure
5 Yrs
60 Months
Loan Amount
to
Up to ₹25 lakh
Expert Verdict
"Kotak offers a solid personal loan product with a focus on ease of application. Their starting rate just under 10% makes them a strong private sector contender. The part-payment facility after 12 months is a great feature for those wanting to reduce debt early. Verdict: Excellent customer service and flexible terms."
Key Privileges
EligibilityAge 21-58, Salaried, Min 1 year work experience
Processing FeeUp to 3.00% + GST
PrepaymentUp to 4% + taxes
Lock-inNone
DocumentationIdentity proof, Residence proof, 3 months bank statement
Start Application
Applying takes less than 5 minutes. You will need your PAN card and Aadhaar details handy.
Simplified Digital KYC
Instant Approval Check
Zero Physical Documentations
By clicking apply, you will be redirected to the official bank portal. FinanceMacha may earn a commission on successful approvals.
Eligibility Summary
- Min. Credit Score700+
- Min. Income₹25,000 per month
- EmploymentSalaried/Self