Real estate loans from 7%, attractive rates on auto loans
With the ‘Khushi Ka Season’ offers, the Kotak Mahindra Bank kicked off the celebrations for the holiday season. From attractive loan interest rates, loan processing fee waivers, and fast online loan approvals across a range of retail and agricultural lending segments, the private sector lender offers a host of benefits to his clients.
Borrowers can now benefit from the mortgage loans from 7% per year, Kotak Mahindra bank said in a statement. If customers from another bank transfer the loan account to Kotak Mahindra Bank, they will be able to save up to ₹20 lakh for the transfer of the balance.
“We are thrilled to launch the 2020 edition of Khushi Ka Season, a month-long celebration to meet the financial and lifestyle needs of all of our clients – be it borrowing, savings, of shopping or payments, ”said Shanti Ekambaram, Group Chairman – Consumer Bank, Kotak Mahindra Bank.
Before the holiday season, the bank is offering a 50% exemption from processing fees on auto loans and two-wheeled loans. The one-month offer is available in subways, small towns, towns and villages.
“In the new normal, the goal of buying a car for the safety of your family is also very important. With Khushi Ka Season, we are delighted to provide consumers with a number of attractive car and two-wheeler deals. ready, ”said Vyomesh Kapasi, Managing Director of Kotak Mahindra Prime.
In addition, female applicants can obtain special rates on all loan products.
“We also recognize the increasingly important and active role that a woman is playing in household finances and are offering preferential rates to female applicants on loans for personal and business purposes,” Ekambaram said.
Customers can take advantage of special offers on other banking products, including savings accounts, debit and credit cards, and free EMI payments. Kotak plans to partner with major e-commerce players such as Amazon.in and Flipkart with exciting offers for Kotak debit and credit cardholders. Additionally, Kotak has partnered with more than 100 brands to introduce curated offers on its debit cards, credit cards, payments through Kotak’s net and mobile banking channels and EMI toll-free, the bank said.
Here are some of the offers from Kotak Mahindra Bank
1) Home loans from 7% pa; Savings of up to Rs. 20 lakh on balance transfer cases.
2) 50% exemption on processing fees for auto loans and two-wheeler loans.
3) Exemption of 50% of processing fees on the financing of agro-industry, commercial vehicles and construction equipment.
4) Payday loans: you can get your payday in advance with interest rates from just ₹1 per day.
5) Silk Loans: special rate on all loan products for women applicants
6) You can get your Kotak MyTeam Special Cricket Edition debit or credit card for Rs. 599 and get benefits of up to Rs. 2,339, the bank said.
7) 10% instant discount on Flipkart and Amazon for Kotak debit and credit cardholders. Attractive EMI options are also available.
8) Over 100 offers in categories such as shopping, wellness, entertainment, travel and more with branded links with Goibibo, Grofers, Tata Cliq, Swiggy, Pepperfry, Zee5, Gaana Plus, between other.
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