How will the LoansJagat platform help me get a personal loan from Kotak Mahindra Bank?

LoansJagat is a technology-driven company having vast experienced professionals in the finance industry. LoansJagat has established terms with the country’s leading lenders like Kotak Mahindra Bank, which helps borrowers get quick and transparent personal loan products designed to meet the needs. A Borrower gets a comparison on Kotak Mahindra Personal Loan along with over 40 Banks and NBFCs to get the best deal for them.

Also, LoansJagat provides a  dedicated loan officer aligned with each borrower to help them get the lowest Kotak Mahindra Personal Loan EMI.

What are the key benefits of taking Kotak Mahindra personal loan?

Kotak Mahindra Personal Loan is a known household name and the same comes with several benefits like:

• Online comfort via LoansJagat Platform 
• A wide range of Kotak Mahindra Personal Loan amount from Rs.1lakh up to Rs.20 Lacs
• Minimal Paperwork and Expert Customer Service
• Lowest Kotak Mahindra Personal Loan EMI assurance by LoansJagat

What are the documents required to be submitted?

To avail Kotak Mahindra personal loan one needs to provide the following documents:

• Identity Proof like Passport, Aadhar Card or Driving Licence
• Residence Proof like a Utility Bill or Rent Agreement
• Salary Slips of last 3 Months
• Salary Account Bank statement of last 3 Months

Why should I take Kotak Mahindra personal loan from LoansJagat?

LoansJagat offers a quick and easy online platform for getting personal loans from over 40 Banks and NBFCs including the prestigious brand like Kotak Mahindra Personal Loan. The LoansJagat team makes it simple to understand and compare the Kotak Mahindra Personal Loan with other leading lenders but also helps in understanding how a personal loan can be utilized and what parameters shall help you acquire lowest Kotak Mahindra Personal Loan EMI

Some other benefits of applying with LoansJagat are::

• Flexible tenure ranging from 1 year to 5 years
• Low-Interest rates starting from 10.99%
• Minimal Documentation for Kotak Mahindra Personal Loan Processing
• A Dedicated Relationship Manager
• Transparent and Real-Time Loan Tracking
• After Sales support till the whole tenure of your loan.

What is the eligibility criteria for getting a personal loan from Kotak Mahindra Bank?

Kotak Mahindra Personal Loan requires the person to be in active employment with  a Private or Public Limited Company, some other requirements are as below:

• Age Limit - Individuals between 21 and 58 years of age can apply
• Income - A Minimum Salary of Rs.25,000/- per month
• Work Experience - At least 1 year
• Resident - Should be resident in a current city for at least 1 year

What are the precautions one should take while availing personal Loan at low EMIs?

One needs to be a smart consumer who understands the terms and conditions and not just goes for the lowest EMIs. LoansJagat helps one to an informed decision by comparing the terms and conditions with top lenders.

When a financial emergency shoots up, a personal loan is the most popular option for many today. With demands going up its a real hard work for the borrower to get better deals for against their requirements. Thus, doing a thorough comparison on LoansJagat is always helpful.

Some of the key points to consider while taking a personal loan :

• Utilization - One needs to ensure that a Kotak Mahindra Personal Loan or a loan from any other lender is utilized in the correct way. Spending on luxury with personal loans can come to haunt later on.  
• Terms and Conditions - Always read between the lines and clearly make the effort to understand the terms that you need to know. Ensure all the charges are known to you to avoid issues during pre-closure of a loan or at the time of delay in EMI’s against the personal loan. Spend time on LoansJagat to understand every clause.
• Credit Score- Have a clear understanding of your credit score and the implications of missing an EMI or taking an extra loan. As a good credit score will help the individual in the future for all the loans.
• Applying for too many personal loans -  Multiple inquiries on the credit bureau can dent the credit score. Hence, always apply using LoansJagat that allows one to get a comparison of the loan from over 40 lenders. Applying individually means getting your credit score reduced.

Make a well-informed decision when it comes to meeting your immediate financial requirements. If you are looking to have a fulfilling and enjoyable customer experience, reach for Kotak Mahindra Personal Loan via LoansJagat to get the best experience along with the lowest Kotak Mahindra Personal Loan EMI.