Kotak Mahindra Bank

Kotak Mahindra Bank Business Loan


Apply Kotak Mahindra Bank Business Loan @ 16%

Interest Rate



Processing fee

Upto 3%


Loan Tenure upto

3 years


EMI per Lakh


About Kotak Mahindra Bank

Kotak Mahindra Bank is India's one the leading private sector bank. The bank offers an extensive range of financial products and services. The bank has a chain of business subsidiary that includes Kotak Securities Ltd., Kotak Mahindra General Insurance Company Ltd., Kotak Mahindra Capital Company, Kotak Mahindra Prime Ltd, Kotak International Business, etc.

About Kotak Mahindra Bank Business Loan

An entrepreneur always dreams of his business growing and expanding. For that he needs to explore the coming opportunities and invest funds accordingly. Some opportunities are easy to explore but some of them require huge funds to get the advantages. Kotak Mahindra Bank offers Business Loan at competitive rates with the hassle free disbursal. The bank enables you to customize your Business Loan as per your needs that make it the best bank for Unsecured Business Loan. Apart from the customization of a loan, the bank offers other facilities including quick turnaround time and minimum documentation.

Kotak Mahindra Bank Business Loan Features and Benefits

  • Loan Amount: The bank offers maximum amount of unsecured business loan to the borrowers starting from a minimum amount of 3 Lakhs to maximum amount of 75 Lakhs.

  • Repayment Options: The loan can be repaid via flexible repayment options including convenient monthly instalments (EMIs).

  • Loan Tenure: The Business Loan from Kotak Mahindra Bank has a flexible loan tenure that ranges from 24 months to 60 months.

  • Documentation: The bank offers business loan with minimal paperwork with minimum turnaoround time.

  • Credit Score: Generally, the credit score of the applicant should be 650 and above but Kotak Mahindra is the only bank that offers business loan at low credit score.

  • Rate of Interest: Kota Mahindra Bank offers business loan at attractive rate of interest as compared to its competitors.

Kotak Mahindra Bank Business Loan Eligibility Criteria

  • Profitability: There business turnover for the following type of borrowers are:


Annual turnover of 2 Crores


Annual turnover of 1 Crore

Service Providers

Annual turnover of 50 Lakhs

  • Business Stability:

    To be eligible for business loan with Kotak Mahindra Bank the borrower should have an experience of at least 3 years into the same business.
  • Company Financials: The borrower will only be eligible if he possesses company financials for at least 2 years.

Kotak Mahindra Bank Unsecured Business Loan Fees and Charges

Type of Fee
Processing Fee Up to 2% of loan amount
Foreclosure Charges
  • 6% of outstanding loan amount (in case no EMI is paid)

  • 5% of outstanding loan amount (in case 6 EMIs are paid)

Kotak Mahindra Bank Business Loan Documentation

Following are the documents required for business loan from Kotak Mahindra Bank:

Type of Document
Identity Proof

Any one of the following:

  • PAN Card
  • Driving License
  • Voter ID
  • Passport
  • Aadhaar Card
Address Proof

Any one of the following:

  • PAN Card
  • Driving License
  • Voter ID
  • Passport
  • Aadhaar Card
  • Bank Statement
  • Bank Account Passbook (updated and of recent three months)

Ownership Proof

Proof of ownership of residential or commercial property

(including parental property)

Financials Income Tax Return for latest 2 years, Balance Sheet, Profit and Loss Statement, Schedules and Annexures including tax audit reports.

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