Business Loans

Kotak Mahindra Bank is the first bank to partner with Government e-Marketplace (GeM) Sahay – a platform that connects sellers with lenders, offering real-time financing against Purchase Orders. GeM is an innovative end-to-end marketplace that enables open, efficient, and transparent procurement of goods and services for various Government Ministries/ Departments, Public Sector Undertakings, and other apex autonomous bodies of the Central Government, ensuring seamless public procurement on the platform.

To know more, click here

*Facility Against Credit Card Receivables, you can avail of a Business Loan or an Overdraft Facility of up to Rs.3 Crore

** Terms & Conditions apply. Credit at sole discretion of Kotak Mahindra Bank Ltd and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.

Whether you are an established business professional or a budding entrepreneur, you can always turn to Kotak Business Loans in times when your business needs more capital. We offer business loans ranging from Rs. 3 lakhs – Rs.1 Crore with flexible repayment methods.
 

Who could be eligible for a Business Loan?

Are you thinking of availing a business loan anytime soon? Browse through our business loan eligibility criteria mentioned below, to make sure your business loan is approved at the very first go:

• The applicant has to be in business for last 3 years with a minimum turnover of Rs.40 Lakhs
• The business must have generated profit for a minimum of 1 year
• The applicant should be a Sole Proprietor / Partnership firm / Private Ltd Co. / Trust / LLP involved in the business of Manufacturing, Trading or Services
• The main applicant should be minimum of 25 years of age & should be no older than 65 years at the time of loan maturity.

Check out the criteria for business loans eligibility to know more.
 

What are the fees and charges associated with Kotak Business Loans?

• Processing fees: Maximum 2% of the loan / facility amount (Plus GST)
• Documentation Charges:
  • Loan amount less than 10 Lakhs - Rs.3500/- (Plus GST)
  • Loan amount greater than 10 Lakhs - Rs.6000/- (Plus GST)

Check out the business loan rates for availing the business loan.
 

How much EMI do I have to pay for a Business Loan?

To know how much EMI you would have to pay every month, try our easy-to-use business loan emi calculator. Simply enter the following details & Know your EMI:

• Loan Amount
• Desired Interest Rates (%)
• Tenure in Years/Months
   

What are the documents that I need for getting a Business Loan?

We, at Kotak, believe in fast loan disbursals with miminum troubles of lengthy paperwork. Check out the documents required for business loan to know more.