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Kotak Mahindra Bank Business Loan in Ahmedabad

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Adiyogi Enterprises is excited to collaborate with Kotak Mahindra Bank to offer you specialized business loan options designed to support your growth ambitions. With competitive interest rates starting at just 10.50% per annum, you can avail loans up to Rs 50 Lakhs with repayment tenures extending up to 8 years. Whether you're expanding your business, funding equipment purchases, or managing working capital, Kotak Mahindra Bank has the right solution to fit your needs.

Kotak Mahindra Bank Business Loan Highlights

Interest Rate Starting from 10.50% per annum
Loan Amount Up to Rs 50 Lakhs
Loan Tenure Up to 8 years
Processing Charges 1% of the loan amount (minimum Rs 5,000)

Kotak Mahindra Bank Business Loan Eligibility

Age

  • Minimum 21 years and maximum 65 years at loan maturity.

Income

  • Minimum annual turnover of Rs 10 Lakhs for businesses.

Business Experience

  • A minimum of 2 years in the current business activity.

Credit Score

  • A credit score of 700 or above is preferred for smooth approval.

Kotak Mahindra Bank Business Loan EMI Calculator

10.50

Loan Amount

Tenure

Annual Interest

Principal Interest Total Payable

Apply for Kotak Mahindra Bank Business Loan

FAQ

Frequently Asked Questions

  • 1. What types of business loans does Kotak Mahindra Bank offer?

    Kotak Mahindra Bank offers a variety of business loans, including working capital loans, term loans, SME loans, business growth loans, loans for equipment financing, and loans for startups and women entrepreneurs.

  • 2. What is the eligibility criteria for a business loan from Kotak Mahindra Bank?

    The eligibility criteria for a business loan depend on the applicant's business type, annual turnover, financial stability, credit score, and business vintage. Both new and existing businesses are eligible.

  • 3. What documents are required for applying for a Kotak Mahindra Bank business loan?

    The documents required include a completed loan application form, KYC documents, business registration details, financial statements (profit & loss, balance sheet), income tax returns, and other documents specified by Kotak Mahindra Bank.

  • 4. What is the interest rate for business loans at Kotak Mahindra Bank?

    Kotak Mahindra Bank offers competitive interest rates for business loans, which vary based on the type of loan, loan amount, repayment tenure, and the applicant's credit profile.

  • 5. How can I apply for a Kotak Mahindra Bank business loan?

    You can apply for a business loan by visiting the nearest Kotak Mahindra Bank branch, applying online through the bank’s website, or by contacting customer support for further assistance.