Kotak Mahindra Bank is an Indian banking and financial services company having its headquarters in Mumbai. Earlier known as Kotak Mahindra Finance Ltd, an NBFC (Nonbanking Financial Company), it was given the license for banking business by the RBI in February 2003. Kotak Mahindra Bank provides a comprehensive range of banking and financial services to retail and corporate clients through multiple delivery channels. As of March 2017, the bank had around 1369 branches and 2163 ATMs spread over 689 locations in India. In 2018, it emerged as the second biggest private banking establishment in India (based on market capitalization) with only HDFC Bank ahead of it.
Kotak Mahindra Bank offers a convenient personal loan service to help people meet their urgent financial requirements like home renovation, purchase of consumer durables, vacation, wedding etc. They promise approval of personal loans with minimum paperwork, ensuring quick disbursal of the loan amount. More details on Kotak Mahindra personal loan eligibility criteria, features and charges are provided below.