Kotak Bank Business Loan

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Kotak Mahindra bank Business loan is one of the best ways to finance your business needs. As a businessperson, your main goal is to sustain, grow and expand the business to its next level. A customized business loan availed against any property or other asset can help you fulfil your business needs. The Business loan by Kotak is a great option to cater all your financial requirements for your business. The bank provides loans starting from 3 lakh rupees or much more from this as per the needs of your business in India.

The approval for this loan is fast and minimum documentation is required which makes it easy to avail it. Our website provides all the information about Kotak Bank Business Loan: business loans interest rates in Kotak bank, Kotak bank EMI calculator and more. You can also check Kotak Bank business loan eligibility. Stay updated on this page, Loanbaba.com provides all the information about Kotak Bank business loans:

Kotak Mahindra Bank Business Loan Details Updated on

Loan Amount

Min Rs. 3 Lakh and Max Rs. 75 Lakh

Loan Tenure

24 months to 60 months

Interest Rate

12.99% to 16.30%

Why Apply for Kotak Business Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the business loan in Kotak Bank then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out Kotak Bank business loan eligibility and Kotak Bank Business Loan EMI calculator at Loanbaba.com.

Features of Business Loans at Kotak Bank

The following key points will help you understand the features and benefits of the business loans Kotak Bank:

  • The highest amount that one can avail is 75 lakh rupees.
  • The present annual BPLR offered by kotak bank is 18.25%, but it can be changed as per the discretion of the bank.
  • Repayment options are flexible 
  • Approval is quick and processing is hassle-free
  • Duration is 3 years and more
  • In case the applicant is an exporter, then he/she can avail term loan in the foreign currency viz FCTL/ FCL
  • One can swap the high cost debts taken from other Financial Institutions/ Banks via balance transfer

Why Apply for Business Loan on Loanbaba?

At Loanbaba, you can compare and apply for business loans online. You can check out several loans for business and go through their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, on a single platform. The loan application process is simple and easy, as you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Kotak Business Loan Interest Rates

The Kotak Bank business loan interest rate is between 11.20% and 16.30%, but varies as per individual profile. Keep a check on this page to note the updated Kotak Mahindra business loan interest rate for the current year.

Kotak Bank Business Loan Eligibility Calculator

Business loan eligibility may differ from one candidate to another. You can also use free-of-cost business loan Kotak Mahindra loan eligibility calculator at Loanbaba.com. The eligibility criteria for loan for business are discussed below:

  • The applicant for business loan Kotak Bank needs to meet the age requirement and possess all necessary identity and profit/revenue proof etc required applying for the loan.
  • He/she meet the requirement for company credit score and should not be under too many debts.

Types of Kotak Mahindra Business Loans

Kotak Bank has business loan schemes for all kinds of professionals. The amount taken as loan can be used for either multiple or specific purposes.

Frequently Asked Questions about Kotak Bank Business Loans

Below provided are important questions about business loan Kotak Bank.

However this loan can be avail led by the company's discretion which is giving the loan, it can only be availed by a specific kind of company. The company should have a yearly turnover of 50 lakh rupees to two crore rupees based on the business' classification.

The important points for business loan Kotak Mahindra are as follows:

  • The company that is not operating for a minimum of 3 years cannot apply for this loan.
  • The applicant must show the cash profits of last 2 operation years.

To be eligible for this loan the company also has to show below given documents:

  • ITR of last 2 years
  • P&L account and Balance sheets of last 2 years.
  • Company’s last 6 months’ balance sheets
  • Residence and identity proof of authoritative signatories for your company

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Kotak Bank.