At Kotak811, we understand that there are moments when you need a financial boost, whether for consolidating debt, funding a small home renovation project, or covering unexpected expenses.
That's why we offer a Personal Loan of Rs.90,000 - a quick, flexible, and convenient solution designed to meet your immediate financial needs without the hassle of extensive paperwork or long waiting periods.
Why should you choose a Personal Loan of Rs.90,000?
Opting for a Personal Loan of Rs.90,000 from Kotak811 is your ticket to addressing financial needs quickly and efficiently. It's perfect for covering smaller-scale expenses, such as home improvements, unexpected bills, or even a much-needed vacation.
What sets Kotak811 apart is the ease of access to funds and the comprehensive support and guidance provided throughout the loan process. We aim to make your financial journey as smooth and stress-free as possible, offering a loan that fits neatly into your financial landscape without overwhelming it.
- Flexible repayment terms: The maximum tenure that you can get on a Kotak811 Personal Loan is 6 years.
- Competitive interest rates: We offer competitive rates to help minimise your financial burden and make repayment easier on your budget.
- Quick disbursal: Quick disbursal of funds post-approval is ensured so that you get the money when needed.
- Transparency: All applicable charges will be clearly mentioned from the beginning. You do not need to worry about any hidden charges.
Personal Loan interest rates & charges
At Kotak811, we pride ourselves on our commitment to transparency in all requirements and procedures related to Personal Loans. Understanding the full scope of your financial commitment is crucial, and we strive to provide you with all the necessary information upfront.
| Interest rate | Starting at 10.99% per annum |
| Processing fee | Up to 5% of the loan amount + applicable taxes |
| Pre-payment charges | 2% of the outstanding principal loan amount + GST |
| Repayment mode swap charges | Rs.500 + taxes per instance |
Eligibility criteria for a Personal Loan of Rs.90,000
Personal Loan eligibility criteria are specific, ensuring a wide range of applicants can access the funds they need. Whether you're looking to fund a personal project, manage unexpected expenses, or simply need a financial buffer, we aim to provide you with the support you need without undue complexity. By setting clear and attainable requirements, we strive to make personal finance more accessible.
| Eligibility parameter | Eligibility criteria |
| Age | 21 to 60 years |
| Employment | Salaried individuals employed with MNCs, public limited, or private limited companies |
| Minimum salary | Eligibility varies based on your type of salary account -
|
| Education | Minimum graduation |
| Work experience | Minimum of 1 year |
How to use a Personal Loan EMI Calculator?
Our Personal Loan EMI calculator is here to provide you with a clear understanding of your monthly financial commitments before making any decisions. You gain valuable insight into your potential monthly outgoings by entering some details into our digital calculator.
- Enter the loan amount: Here, it will be Rs.90,000.
- Choose repayment tenure: Move the toggle to ensure the tenure that fits your financial plan.
- Provide interest rate: Finally, enter the rate of interest to calculate your monthly EMI.
How to apply for a Personal Loan of Rs.90,000?
Securing a Personal Loan of Rs.90,000 from Kotak811 is a hassle-free process, reflecting our commitment to providing accessible financial solutions. From the initial step of making the application to the final stage of loan approval, each phase of the application process is built for your convenience.
Application process for pre-approved Personal Loans
You can apply for a pre-approved Personal Loan online by following these easy steps:
- Download the Kotak 811 App from the Play Store or App Store.
- Navigate to the 'Loans' section.
- Enter the required loan amount followed by EMI tenure.
- Review, approve, and confirm loan offers.
- After approval, we will credit the loan amount to your Kotak811 account.
Application process for regular Personal Loans
To apply for a regular loan, you can either get in touch with our Customer Care team or visit your nearest Kotak Bank branch. You will need to bring all the required documents with you.
Preparing to apply for a Personal Loan from Kotak811 is stress-free with our transparent and minimum documentation requirements. By having these documents ready, you're not just expediting your loan application but also enhancing the overall speed at which we can process and approve your loan request.
Whether you're consolidating debt, planning a significant purchase, or covering unexpected expenses, with these documents sorted, you can easily take your first step towards securing the financial support you need.
| ID type | Documents |
| Identity proof | Aadhaar Card, PAN Card, Voter's ID Card, Passport, or Driving License |
| Address proof | Aadhaar Card, Driving License, or Passport |
| Income proof | Bank statements and salary slips of the last three months for salaried individuals |
| Photographs | 2 - 3 Passport-sized photos |
Conclusion
With features like pre-approval, digital application, and quick approval and disbursal, getting a loan from Kotak811 is convenient. Getting the loan and maintaining timely repayments become even easier with zero requirements for collateral and flexible tenure.
Evaluate your eligibility using our Personal Loan Eligibility Calculator, get an estimation on EMI using our EMI calculator, and apply for the loan as you require!
FAQs
1. Can I apply for a Personal Loan of Rs.90,000 online?
You can submit a digital application for a Personal Loan via the Kotak811 App for your convenience. It is a swift and easy application process, allowing you to apply from anywhere, anytime, without the need to visit a branch.
2. Are there any prepayment Personal Loan fees & charges for a Personal Loan of Rs.90,000?
At Kotak811, we prioritise clear communication regarding any fees or charges. Should you prepay your Personal Loan, any associated fees will be clearly outlined beforehand, ensuring you make informed financial decisions. Our pre-payment charge is 2% of the remaining principal loan amount plus GST.
3. Do you need to pledge collateral for a Personal Loan of Rs.90,000?
No, you don’t need collateral to get a Personal Loan of Rs.90,000. This allows you to access funds quickly and conveniently without the need to secure the loan against any asset.
Popular Searches on Kotak811
Apply for Personal Loan Online | Personal Loan for Education | Personal Loan For Marriage | Personal Loan For Medical Emergency | Personal Loan For Travel | Unsecured Personal Loans | Kotak 811 | 811 Super Account | Super Savings Account Fees And Charges | Best Zero Balance Account Opening Online | Best Credit Card for Online Shopping In India | Lifetime Free Credit Card | Apply for Image Debit Card | ActivMoney Savings Account | Open Savings Account Online | Savings Account Fees and Charges | Check Your CIBIL Score | Reactivate Dormant Account Online | Digital Savings Account | Complete Guide on Fixed Deposit (FD) | Visa Debit Card | How To Unfreeze Frozen Bank Account | How To Reactivate An Inactive Or Dormant Savings Account? | Zero Balance Current Account Opening Online | Zero Balance Current Account Fees & Charges | 811 App
*Terms & Conditions apply.
Credit at the sole discretion of Kotak Mahindra Bank Ltd. and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets. Personal Loan will not be disbursed if the Savings Account is in dormant or freeze state.
Share
