Kotak Mahindra Bank — review & key facts
Bank
✓ Regulated entity identified
Fact sheetevery field shows its verification state — no silent blanks
Public name
Kotak Mahindra Bank
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Legal lender
Kotak Mahindra Bank Limited
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App ↔ entity relationship
Kotak Mahindra Bank Limited is the regulated bank itself — no separate lending-service-provider relationship.
∅ Not applicable
RBI evidence
Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time.
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Loan amount
Up to ₹1 crore
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Tenure
1 to 6 years
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Interest & APR
Starting at 10.99% p.a. (fixed rate)
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Processing fee
—
— Not disclosed
Service fee
—
∅ Not applicable
Late-payment fee
—
— Not disclosed
Prepayment / foreclosure
—
— Not disclosed
KFS
—
— Not disclosed
Eligibility & KYC
Zero collateral required. Digital KYC via video verification using Aadhaar. Docs: PAN/Passport/Aadhaar/Driving Licence, last 3 months' bank statements, last 3 months' salary slips (salaried), 2–3 photographs.
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Disbursal route
Loan amount disbursed directly to your account
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Repayment route
—
— Not disclosed
Grievance contact
Level 2 Nodal Officer: A. Shukla; Level 3 Principal Nodal Officer: A. Shah. Private Banking: Dhanya Pillai / Ankush Kannaw. Wholesale Banking: Sascha Gill (AVP). · Level 1 toll-free: 1800 4100 (24x7); Private Banking: 022-66006000; escalation hotline 022 6204 2100
✓ Verified
Editorial assessment
Kotak Mahindra Bank is a bank lending in its own name. Its official site publishes most of the core loan terms — compare the figures below against other lenders before applying. A grievance escalation contact is published on its official site.
Contact & registered office
Customer care1800 4100
Grievance & complaints
Grievance Redressal Officer: Level 2 Nodal Officer: A. Shukla; Level 3 Principal Nodal Officer: A. Shah. Private Banking: Dhanya Pillai / Ankush Kannaw. Wholesale Banking: Sascha Gill (AVP).
Not resolved in 30 days? RBI Ombudsman route →Alternatives to compare
Bandhan Bank
Bandhan Bank Limited
₹50,000 – ₹25,00,000 · Flexible repayment tenure – up to 60 months · Rates & Charges page (July 2026) states floating rates '8.55% – 13.52%'. The personal-loan landing page separately advertises 'from 9.50% p.a.' (up to 3 years) and '8.86% p.a.' (more than 3 years), effective 01 Aug 2026. Both figures reported as-is; not reconciled.
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