Personal Loan Top-Up/
Balance Transfer

Top-Up/Balance Transfer

Personal loan top-up and personal loan balance transfer have gained immense popularity in the current banking scenario. Any customer can opt for a personal loan top-up or balance transfer from us to minimise the hassles of going through the procedure of availing personal loan from another bank or to reduce and realign the burden of the loan altogether. Seems like a good deal right?

What is Personal Loan Top-up?

After 9 months of the sanctioned date, Kotak Mahindra Bank offers a personal loan top-up to those who have availed a personal loan from the bank depending on Kotak’s lending policy and credit risk of the customer. Under the said scheme, the bank identifies if there is any due EMI, bounced cheque, the job stability of the customer and the total number of loans taken. After considering all the factors pertaining to Kotak’s lending policy  and credit risk of the customer, the bank offers a personal loan Top-up within 2 working days at either the existing rate or a lower rate. Our easy Top Up on Personal Loan helps you meet the new expenses with no worries.

To apply simply SMS 'PLTOPUP' to 5676788

What are the Features and Benefits of Personal Loan Top-up?

Check out the key features and benefits of Kotak Mahindra Bank personal loan top-up below. These might get you convinced on why you should opt for it when required

• Zero requirements of collateral or security
• Minimum paperwork and hassle-free documentation
• An attractive rate of interest
• Quick processing of the application and quicker disbursal of loan amount
• Flexible repayment options through EMIs
  

What is Personal Loan Balance Transfer?

Personal loan balance transfer is the working concept in which the outstanding amount of existing loan is transferred from one financial institution to another. The primary motive behind this transfer is to avail better terms including a lower rate of interest. The basic objective of personal loan balance transfer is to reduce the debt burden altogether. It is never too late for shifting to a better bank with lower interest rate for your Personal Loan. That's not all, you can also avail additional funds for your personal or business needs.

To apply simply SMS 'PLBT' to 5676788

What are the Features and Benefits of Personal Loan Balance Transfer?

Let us give you a clearer picture of the various features and benefits associated with a personal loan balance transfer at Kotak Mahindra.

• Opportunity to avail an additional top-up loan up to 100% of the amount of the personal loan
• No requirement for any security of collateral
• Hassle-free documentation and smooth paperwork
• An attractive rate of interest
• Speedy processing and easy disbursal of money
• Flexible options of loan repayment through  EMI
  

Save yourself from the hassle of applying for a fresh loan from a different bank or feel restricted due to the burden of your existing debt; opt for personal loan top-up or personal loan balance transfer for meeting your financial requirements quickly. Reach out to Kotak Mahindra Bank for further assistance.

Know more details about availing a personal loan from Kotak Bank.