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Aditya Birla Finance Limited (ABFL)

Kotak Mahindra Bank

Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in Mumbai, Maharashtra.

About Personal Loan

Get a step closer to your dreams and goals by availing our Personal Loans and meet your financial needs. You can avail a personal loan to meet unexpected expenses, a dream holiday, school or college fees, wedding expenditure, home improvement expenses or even purchase of consumer durables.

Eligibility Criteria

    Criteria

     Salaried individuals

    Profile

    Resident Indian employed at a Public Ltd co./ MNC/ large Pvt. Ltd co.

    Age

    21-58 years

    Income

    Net monthly salary of Rs. 25,000/-

    Minimum educational qualification

    Graduate

    Residence telephone

    Required

    Years in city

    Minimum 1 year

    Total work experience

    Minimum 2 years

Documents Required

  • Application form with photograph
  • KYC Documents
  • Signature Proof
  • Last 3 months’ payslips and Form 16
  • Last 8 months’ Bank account statements

Do’s and Dont’s

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
APPLY

About Car Loan

Drive home your dream Car with our flexible schemes and easy processing

Eligibility Criteria

    • All Indian residents.
    • Minimum income of 15000 per month.
    • Minimum residence stability of 1 year.
    • Minimum employment stability of 1 year.
    • Age minimum 21 years.

Documents Required

  • Know Your Customer (KYC) documents are required for initiating the process. Based on the product selected, the other requirements are communicated by a company executive during a personal visit. Other than this the basic documents as per RBI guidelines are required.

Do’s and Dont’s

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
APPLY

About Home Loan

Kotak Mahindra Bank provides you home loans accompanied by highly customised facilities and services for a seamless and pleasurable home-buying experience. In a market where the basic product is largely similar, the differentiator is our ability to understand the customer's need completely and structure the eligibility and loan amount appropriately.

Eligibility Criteria

    • Monthly or annual income
    • Source of income
    • Savings and credit history
    • Work experience
    • Age
    • Qualifications
    • Number of dependents
    • Probability of the individual continuing in the same occupation

Documents Required

  • Duly filled Application Form
  • Income proof and banking details
  • Age proof and address proof
  • Identity proof and Signature Proof
  • Proof of educational qualifications

Do’s and Dont’s

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
APPLY

About Loan against property

Your existing property can help you avail of a loan at interest rates lower than other consumer loans1. Avail a Loan Against Property (LAP) today and unlock the potential in your property.

Eligibility Criteria

    For self-employed professionals:

    • Minimum annual income should be Rs. 1.44 lakh as per the P&L.
    • Minimum 21 years of age.
    • Maximum 65 years of age at the time of loan maturity.
    • Firm/company should have been in operation for the last 3 years.
    • Firm/company should be making cash profits for the last two years.

    For self-employed non-professionals:

    • Minimum annual income should be Rs. 1.44 lakh as per the P&L.
    • Minimum 21 years of age.
    • Maximum 65 years of age at the time of loan maturity.
    • Firm/company should have been in operation for the last 3 years.
    • Firm/company should be making cash profits for the last two years

Documents Required

  • Completed application
  • Income documents and bank statement
  • Address and age proof

Do’s and Dont’s

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
APPLY