How a Kotak Mahindra Bank Personal Loan Used for Financial Debts?
You can borrow a suitable loan amount from Kotak Mahindra Bank to get rid of the debts. And, as such loan is a personal loan using which, you can borrow the desired loan amount. The interest rate charged to your borrowed amount is quite compatible concerning your monthly income. For the Kotak Mahindra bank personal loan , you are needed to have a monthly income of INR 20,000. Read the given article to know more about the personal loan features. How can I get a personal loan from Kotak Mahindra Bank? To borrow a loan from the bank without giving any type of asset you are required to meet its loan criteria. First, your age should be 21 years during the loan application and up to 58 years at the tenure maturity. Kotak Mahindra Bank provides a payment duration of 5 years to the customers along with the applicable rate of interest on the loan amount. The personal loan interest rate starts from 10.99% per annum at a fixed rate for the loan tenure. And repayment of t...