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All the applications received from MSME customers sourced by Kotak Mahindra Bank Limited (KMBL) through its various channels will be handled as per the timelines hereunder:
S No |
Particulars |
Timeline |
---|---|---|
1 |
Scrutiny of MSME Application for eligibility to avail loan |
Within 3 Working days |
2 |
Documenting Application and Primary Loan Appraisal Documents |
Within 7 working days |
3 |
Credit approval process depending upon the amount involved |
Within 3 weeks |
4 |
Decision to be conveyed to the customer along with the terms of credit |
Within 4 days of credit decision |
5 |
Disbursal of loan amount |
Within 4 working days of completion of entire loan document execution |
Kotak Bank is committed to provide necessary support to the MSME sector and timeline mentioned above are only outer timelines and efforts would be made to deliver best closure timelines on individual case to case basis.
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By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.
By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. Kotak Mahindra Bank does not control or endorse such websites, and bears no responsibility for them.