Kotak Mahindra Business Loan
Kotak Mahindra Bank
Kotak Mahindra Bank Business Loan provides essential working capital and growth financing for self-employed individuals, entrepreneurs, and MSMEs. Whether you need funds to expand operations, purchase inventory, or manage cash flow, this collateral-free loan offers quick access to capital. With loan amounts up to ₹10 Crore and interest rates starting at 10.99% p.a., your business gets the financial boost it needs. **Key Benefits:** This business loan offers significant advantages: no collateral or property security required, removing the biggest barrier for MSMEs. The loan is processed quickly with minimal documentation for businesses with strong financials. Flexible repayment tenures up to 72 months help manage cash flow effectively. Working capital and term loan combinations are available for comprehensive financing. Balance transfer facilities let you consolidate existing debt at better rates. **How to Apply:** Kotak Mahindra Bank Business Loans cater to self-employed individuals, proprietors, partners, and companies with a business vintage of at least 2-3 years. You must be an Indian citizen aged between 21 and 65 with a minimum annual turnover as specified by the bank. Documentation includes PAN card, Aadhaar, business registration proof, last 3 years ITR with P&L and balance sheets, bank statements for 12 months, GST returns, and address proof. Submit these at the branch or through the bank's business banking portal. The bank evaluates your business financials, credit score, and cash flow patterns before sanctioning. Upon approval, funds are credited to your business account within 5-15 working days. *Source: Kotak Mahindra Bank official website, updated May 2026.*
Key Facts
| Feature | Details |
|---|---|
| Processing Fee | 2% |
| Prepayment Penalty | 5% of outstanding principal + GST% |
Features & Benefits
Pros & Cons
- Longest repayment tenure
- Flexi loan reduces interest cost
- High loan amounts
- Good for seasonal businesses
- Higher interest rates
- Processing fee 2%
- Flexi facility annual fee
- Significant prepayment penalty
How to Apply
Review the eligibility criteria below and use the loan eligibility calculator to estimate your eligible amount.
Click "Apply Now", fill in your personal and financial details, and upload the required documents.
The lender reviews your application and documents. Upon approval, the loan amount is disbursed to your account.