kotak.com Kotak Personal Loan 2025, Interest Rate, Eligibility, Document, Loan Payment, Loan Status , Disbursement Time, Loan Foreclosure Charges, Customer Care, Apply Online Kotak Mahindra Bank offers Personal Loans in 2025 with competitive interest rates and flexible terms, making it an ideal choice for individuals in need of immediate financial support. The loan can be used for various purposes, such as medical expenses, education, travel, or home renovation. Kotak provides loan amounts ranging from ₹50,000 to ₹20 lakhs, with tenures from 12 months to 60 months. The interest rates usually begin at 10.99% per annum, based on the applicant’s profile and credit score. Kotak also offers pre-approved loans for its existing customers, which allows for quicker processing.
The application process for a Kotak Personal Loan is simple, with minimal documentation requirements. Both salaried and self-employed individuals can apply online or through Kotak’s branches. Kotak Mahindra Bank offers disbursal of quick loans, in most cases, within a few hours for the pre-approved customer. The amount is credited to the borrower’s bank account and Kotak allows easy repayment through flexible EMI options. The process is hassle-free with online tracking tools and Kotak Mahindra Bank also has customer support to answer any questions a customer may have regarding the loan.
Kotak Personal Loan Interest Rates 2025
| Category | Interest Rate (per annum) |
| Salaried Individuals | 10.99% to 16.99% |
| Self-Employed Individuals | 11.99% to 17.99% |
| Pre-Approved Personal Loans | 10.99% to 15.99% |
| Loan Tenure | 12 months to 60 months |
Kotak Personal Loan Eligibility 2025
Here are the key eligibility criteria for Kotak Personal Loan 2025:
| Age | Applicants must be between 21 and 58 years of age at the time of loan maturity. |
| Employment |
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| Income | Minimum monthly income of ₹25,000 is required (varies based on location and profession). |
| Credit Score | A good credit score (typically 750 or above) is crucial for approval and better interest rates. |
| Work Experience |
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| Nationality | The applicant must be a resident Indian. |
| Bank Relationship | Existing Kotak Bank customers with a good track record are eligible for pre-approved loans. |
Kotak Personal Loan Required Documents List 2025
Here are the documents needed for an Kotak Personal Loan 2025:
- Identity Proof: PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License.
- Address Proof: Aadhaar Card, Passport, Utility Bills, Rent Agreement, or Voter ID.
- Income Proof: Salaried (salary slips, bank statements), Self-employed (IT Returns, Profit & Loss Statement).
- Photograph: Passport-size recent photograph.
- Loan Application Form: Duly filled and signed application form.
- Additional Documents: As required by the bank.
Kotak Personal Loan Payment 2025
Here are the loan pay back options for Kotak Personal Loan 2025.
- Equated Monthly Installment: Pay monthly through auto debit or cheques.
- Flexible Tenure: Get a tenure in the range of 12-60 months
- Prepayment facility: Prepay partially or completely after 6 months with respective charges.
- Pay Online: Facility to pay on Kotak net banking or its mobile app.
- NACH: Set up automatic EMI payments through National Automated Clearing House (NACH).
- Late Charges: 2% of due amount per month for delayed pay.
- No-Cost EMI Offers: Available under specific promotional schemes.
Kotak Personal Loan Status 2025
You can check the status of your Kotak Personal Loan 2025 through the following ways:
- Online Through Website: Log in to your Kotak account and visit the loan status section.
- SMS Service: Send an SMS with your loan application details to Kotak’s loan status number for updates.
- Loan Application Reference Number: Make use of the reference number provided on the loan status page.
- Customer Care: Call Kotak customer care at 1860 266 2666 for loan status inquiries.
- Branch Visit: Visit the nearest Kotak Bank branch with your application details.
- Email Support: Email Kotak at [email protected] for any loan-related queries and status updates.
Kotak Personal Loan 2025 Disbursement Time
| Category | Disbursement Time |
| Pre-Approved Customers | Same day to 2 working days |
| Salaried Individuals | 2 to 5 working days after document verification |
| Self-Employed Individuals | 3 to 7 working days after document verification |
| Online Loan Applications | 1 to 3 working days (if documents are verified promptly) |
Kotak Personal Loan Foreclosure Charges 2025
Here are the Kotak Personal Loan 2025 Loan Foreclosure Charges.
- Foreclosure after 12 EMIs: No charges for foreclosure if you’ve completed 12 EMIs.
- Foreclosure Before 12 EMIs: Charges of 2% to 4% of the outstanding loan amount if the loan is foreclosed before completing 12 EMIs.
- Part Pay Charges: Charges of 2% to 4% on the prepayment amount if done before completing 12 EMIs.
- No foreclosure charges on loans under special schemes or offers.
Kotak Personal Loan 2025 Customer Care Number and Email
Here are some customer care contacts for Kotak Personal Loan 2025-
- Helpline: Call 1860 266 2666 for assistance with personal loan-related queries.
- Email Support: Email [email protected] for detailed support regarding your personal loan.
- Chat Support: Look for the live chat feature found on the website or mobile app.
- Branch Visit: Visit the nearest Kotak Bank branch for support.
- SMS Service: Send an SMS to 5676788 for loan-related inquiries and updates.
How to Kotak Personal Loan 2025 Apply Online?
Here are the steps to apply for Kotak Personal Loan 2025 online:
- Visit the Official Website: Go to the Kotak Bank official website https://www.kotak.com
- Select Personal Loan Option: Choose “Personal Loan” from the “Loans” section.
- Check Eligibility: Use the online eligibility calculator to see if you qualify.
- Fill the Application Form: Complete the online form with your details.
- Submit Documents: Upload necessary documents like ID, address, and income proof.
- Review and Apply: Check your details again, then submit.
- Check Application Status: Check online for the status of your loan after submission.
Important Links
| Kotak Personal Loan 2025 Apply Link | Click Here |
| Official Website | Click Here |
| Homepage | Click Here |