Kotak Mahindra Bank Personal Loan
Kotak Mahindra Personal Loan with same-day digital disbursal for existing 811 customers and flexible pre-closure terms.
Documents required
- PAN Card
- Aadhaar Card
- 3 months salary slips
- 6 months bank statement
- Address proof
As published by Kotak Mahindra Bank. Your branch may ask for more.
Best for: Kotak 811 / salary customers who want digital pre-approved disbursal — competitive 10.99% start vs HDFC/ICICI prime tier.
Eligibility
Loan terms
- Same-day disbursal for Kotak customers
- Digital-first application via Kotak 811 app
- Flexible pre-closure after 12 EMIs
Fees & charges
FAQ
Lenders price on your credit score, income, employer category and tenure. A score above 750 typically unlocks the lower end of each range shown. The exact rate is confirmed by the lender at underwriting.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.
Most lenders allow prepayment after a few EMIs. Charges vary by lender and are shown in the fees section; RBI caps foreclosure charges on floating-rate loans to individuals.
More from Kotak Mahindra Bank
- New Car LoanRate7.35 – 14%Feeup to 2.5%Max tenure7 yr
- Home LoanRate7.7 – 9.5%Fee1.25%Max tenure20 yr
- Gold LoanRate9 – 20%FeeVariesMax tenure3 yr