Hello friend. I availed a personal loan through Kotak Mahindra Bank for my wedding in March 2022. At the time of applying, I looked up the Kotak Bank personal loan eligibility to check whether I could avail of the loan or not. Thankfully, I was eligible for the loan disbursement and got my application processed pretty quickly. So, let me help you with the complete details regarding the personal loan eligibility set by the bank.
What is the Kotak Mahindra Personal Loan Eligibility?
The eligibility criteria for an individual to apply for a personal loan at Kotak Mahindra Bank are as follows.
The applicant must be an employee at a MNC, private limited company or a public limited company.
The applicant must be between the age of 21-60 years.
The applicant must be a graduate.
The applicant needs to have a minimum work experience of 1 year.
Minimum monthly income:
The applicant must have a net monthly income of at least Rs. 25,000 if they are a Kotak Bank salary account holder.
The applicant must have a net monthly income of at least Rs. 30,000 if they are a non-Kotak Bank salary account holder.
The applicant must have a net monthly income of at least Rs. 20,000 if they are an employee at Kotak Bank.
With this, I would like to conclude my answer. I hope this information helps you learn about the Kotak Mahindra Bank personal loan eligibility criteria.
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What is Kotak Mahindra Personal Loan Eligibility?
harshita
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1 Year
2023-10-14T01:15:52+00:00 2023-10-26T16:54:52+00:00Comment
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