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Frequently Asked Questions

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What are the key documents required for Kotak Bank's Personal Loan?

The key documents required for availing a personal loan from Kotak Mahindra Bank are as follows -

  • Identity proof like PAN Card, voter’s ID card, passport, Aadhaar card, etc.
  • Age proof like voter’s ID card, passport, Aadhaar card, birth certificate, etc.
  • Address proof like utility bills, rent agreement, passport, etc.
  • Bank statement and salary slips of the last 3 months
  • 2-3 Passport size photographs

What are the personal loan documents required for salaried applicants?

Personal loan documents for salaried person includes the last 3 months’ salary slips along with KYC documents and bank statements. 

What is the documentation process for a pre-approved Personal Loan?

A pre-approved Personal Loan is an Instant Loan facility offered to select customers of Kotak Bank. This does not require any collateral/ documents.

 If a customer has a good credit history, he/she becomes eligible for pre-approved personal loan. This has a quick processing time and loan gets disbursed instantly in customer bank account.

Are there any documents that I should submit post-sanction or pre-disbursement of my personal loan?

No, the documents are required when applying for the loan. No post-sanction or pre-disbursement documentation is needed before availing the loan. 

Is it necessary to submit original KYC documents while availing personal loan?

You would have to submit self-attested copies of all the KYC documents when availing of a personal loan along with the personal loan processing fees. The original documents might be required by the bank to verify the copies that you have submitted.