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Apply Now For Business Loan From Kotak Mahindra Bank

Business loan acts as a perfect financial aid to meet the financial crunch of new or existing businesses. A business loan will help you to catalyze each of your business needs and provide a solution for your financial crisis. Therefore applying for a Kotak Mahindra Bank business loan through Afinoz.com makes the process of application and approval of business loans from Kotak Mahindra Bank much simpler and quicker. <br>

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Apply Now For Business Loan From Kotak Mahindra Bank

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  1. Kotak Kotak Mahindra Mahindra Bank Business Business Loan Loan 2021 Bank 2021

  2. ▪ Business loan acts as a perfect financial aid to meet the financial crunch of the new or existing businesses. Whether you need to invest in machinery and plants or to fund a commercial property, require credits for the working capital facilities – a business loan will help you to catalyze each of your business needs and provide a solution for your financial crisis. ▪ The Kotak Mahindra Bank business loans are created exclusively for SMEs and MSMEs to help them grow and diversify their businesses further. Kotak Mahindra Bank offers a hassle-free business loan application process with simplified documentation, flexible loan tenure and lower interest rates for businesses of all sizes.The Kotak Mahindra Bank business loans can also be availed with a collateral or security which has a good market value and is freely transferable. Afinoz.com has an exclusive tie-up with Kotak Mahindra Bank. Kotak Mahindra Kotak Mahindra Bank Business Bank Business Loan Loan ▪ Therefore applying for Kotak Mahindra Bank business loan through Afinoz.com makes the process of application and approval of business loans from Kotak Mahindra Bank much simpler and quicker. By availing the benefits of Kotak Mahindra Bank business loans through Afinoz.com, business owners can achieve their dreams of aggressive business expansion and establish a profitable and productive business.

  3. TYPE CHARGES Interest Rates 16.00 % to 19.99% Loan tenure 1 TO 5 YEARS Upto 2.00% of the sanctioned loan amount + Service Tax Processing Charges Kotak Mahindra Bank Business Loan Interest Rates No prepayment permitted until the repayment of minimum 6 months EMI Prepayment 2% of the Principal Outstanding Amount + GST Prepayment charges Minimum Loan Amount - Upto Rs 10 lakhs Maximum Loan Amount - Upto Rs 3 crores Loan Amount 2 % per month on overdue installment amount Penal Interest

  4. ▪ Age: The minimum age at the time of application of the loan should be 21 years; whereas ,the maximum age at the time of maturity should be 55 years ▪ Business Vintage: The business should have been well-established and should be up and running for the last 3 years ▪ Turnover: The gross turnover of the business should be at least Rs. 30 lakhs per annum Kotak Mahindra Kotak Mahindra Bank Business Bank Business Loan Eligibility Loan Eligibility Criteria Criteria ▪ Work Experience: Minimum 2 years of work experience in the current line of field for Self-employed individuals ▪ CIBIL score: Loan approval will be difficult if your CIBIL score is low. In some cases, even if your credit score is low, but your business is doing good then your loan application might get approved, but you might be asked to pay a high-interest rate and will be offered many unfavorable terms and conditions on your loan. ▪ Kotak Mahindra bank business loan eligibility calculator: Using the business loan EMI calculator and business loan eligibility calculator at Afinoz.com, you can easily calculate the exact amount of your monthly installment and your eligibility as per your potential.

  5. ▪ Kotak Mahindra bank has an exclusive tie-up with afinoz.com. If you are looking for a business loan, then you can simply log on to Afinoz.com to check your business loan eligibility and apply for a loan. ▪ The business owners can apply for a loan in Kotak Mahindra bank through Afinoz.com in the following three simple steps: ▪ Check your eligibility for the loan - Firstly, you need to make sure that you meet Kotak Mahindra bank’s business loan eligibility criteria on Afinoz.com. For that, you have to submit some basic details relating to you and your business such as the employment type, business turnover, city, mobile number and email id on our business loan eligibility page. Once you submit these details, our system intelligence then runs an algorithm and sends you a quick quotation on the best business loan options available to you immediately. How to apply for a How to apply for a Kotak Mahindra Kotak Mahindra bank business bank business Loan on Loan on Afinoz ▪ Select the loan amount and tenure -Once you meet the eligibility criteria, select the loan amount and tenure as per your eligibility and submit. Afinoz? ? ▪ Upload and submit documents -In the next step, fill out the application form along with details of the KYC documents and submit your application for processing from Kotak Mahindra Bank. The bank then verifies the applicant's information and starts processing the loan for disbursement. ▪ At each step of the application process, Afinoz.com allows it's applicant to keep track of the status of their application in real-time via SMS as well as through emails. Due to such simplified and fast processing, Afinoz.com has become a popular option among a large number of business owners.

  6. THANK YOU WWW.AFINOZ.COM

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