Kotak Bank PayDay Loan – Interest Rates, Eligibility
Kotak Bank Payday loans are Instant and quick fix to your cash shortfalls anytime during the month. Manage emergencies and cash crunch with ease with Payday loans. Check eligibility
PayDay Loan also known as Single Installment Loan
Mid-month cash crunch or emergency at month-end? Awaiting salary to book your next vacation? Short-term loans are savior in such times! Payday loans is available at few clicks away from you and repay the loan, as your salary credits for next month!
- Loan amount starts from 3000 to 1.5 Lakh
- Lowest Interest Rates
- Instant disbursal in your Kotak bank account
- No Documents required
- No Postdate Cheques
What is payday loan @Kotak?
Payday Loan is a term loan, offered for one month, pre-approved at 50% of your net salary, and offered to salary account holders of Kotak. No paperwork required and instant disbursal.
What is the interest rate charged?
Currently the rate of interest is 10% per annum.
Is there any processing fees
Yes. There is a fixed processing fees basis the loan amount.
How can customer reach out to Kotak for Payday Loan?
Contact customer service number 18602662666 (local call rates apply) between 09:00 am to 07:00 pm from Monday to Saturday excluding holidays, for any further queries.
