Kotak Mahindra Bank Chennai

Banks 150 views

About Kotak Mahindra Bank

Kotak Mahindra Bank has been in the field of banking and financial services since 2003 and ever since the bank has been making new records. It is a part of Kotak Mahindra Finance Ltd. group. It was established by Uday Kotak who was recognised as the Banker of the Year 2013-14 at FE Best Banks Awards. It is a private sector bank headquartered at Mumbai. The vision of the bank is to become the most trusted Global Indian Financial Service brand. The bank missions at achieving excellence by contributing positively to the society. It is client- centric institution that strives to deliver best services to its customers. It constantly renovates its plans and policies to provide the best to its customers. The bank has in advance prepared a compact- kit to solve the financial troubles of its customers. It provides customized solution for all the banking needs to help the customers attain their financial objective. It put forwards best of its services through the chain of bank branches. At present, the bank has a total number of 1,336 branches. The bank has ATMs as well around the corner. The ATM outlets of the counts up to 2,044. All the services provided by the bank can even be availed through net banking. By making the better use of technology the bank helps the people of the country to get a correct remedy at right time.

Address of Kotak Mahindra Bank Branches in Chennai

The complete address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank located in Chennai are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Chennai - Anna Salai

Capital E Ground Floor, 555, Anna Salai, Chennai - 600 018KKBK0000462600485003(044) 42040205
Chennai - Adyar

Krishna Manasi, Old Door No - 45, New No - 97, 1st Main Road, Gandhi Nagar, AdayarKKBK0000463600485004(044) 52607920
Chennai - Parrys Corner

3, Dass India Tower, 2nd Line Beach, Parrys, Chennai - 600 001KKBK0000464600485005(044) 65722022
Chennai - Kodambakkam

Kotak Mahindra Bank Ltd " Sri Hari Building " Ground Floor Door No 337 , Arcot Road Kodambakkam Chennai - 600 024 Tamil NaduKKBK0000466600485006044 - 43587800
Chennai - Kelambakkam

Kotak Mahindra Bank Ltd Vinayaga Mansion, First Floor Door Nos. 2/44, 2/45, 2/46, 2/47 & 2/48 Susheela Nagar Layout, Rajiv Gandhi Road [OMR], Kelambakkam, Tamil Nadu - 603 103KKBK0000467600485007(044) 27498238
Chennai - T. Nagar

Kotak Mahindra Bank Ltd. Ground Floor, Shree Essarar Towers, 41 Venkatnarayana Road, T. Nagar, Chennai - 600017 Tamil NaduKKBK0000468600485008(044) 42694607 / 08
Anna Nagar

Kotak Mahindra Bank Ltd, Block Q - 100, Plot No 3698, 3rd Avenue, Anna Nagar, Chennai 600040, Tamil NaduKKBK0000469600485011044- 45082501/02/03
Nungambakkam Branch

Kotak Mahindra Bank Limited Nungambakkam Branch-Chennai Ground Floor & Mezzanine, Apeejay House, 39/12, Haddows Road, Nungambakkam, Chennai-600006KKBK000847160048501418001026022
Adayar21, 2nd Avenue, M G Road, Shastri Nagar, Adayar, Chennai - 600020, Tamil NaduKKBK0008491NON-MICR18602662666
Anna NagarBlock Q-100, Plot No 3698, 3rd Avenue, Anna Nagar, Chennai - 600040, Tamil Nadu.
KKBK0000469NON-MICR18602662666
Ashok NagarGr Floor, New No. 85, Old No. 30, Maharaja Towers First Avenue, Ashok Nagar , Chennai - 600083, Tamil NaduKKBK0008479NON-MICR
18602662666
GuindyMadras Race Club, Guindy, Chennai - 600032, Tamil NaduKKBK0008493
NON-MICR
18602662666
KodambakkamSri Hari Building, Ground floor, Door No. 337, Block No. 24 T. S. No. 64 70, Puliyur Village, Arco Road, Kodambakkam, Chennai - 639114, Tamil NaduKKBK0000466NON-MICR
18602662666
KoyambeduNo 3, Rathinapuri Layout, Jawaharlal Nehru Road (100 Feet Road), Koyambedu, Koyembedu, Chennai - 600107, Tamil NaduKKBK0008477NON-MICR
18602662666
MadippakkamDoor No. 70 / 1, Medavakkam Main Road, Madippakkam, Kancheepuram Dist, Chennai - 600091, Tamil NaduKKBK0000471
NON-MICR
18602662666
Mount Road185, Anna Salai , Near Tvs, Mount Road, Chennai - 600006, Tamil NaduKKBK0008485NON-MICR
18602662666
Perungudi14, Old Mahabalipuram Road, Kandanchavadi, Perungudi, Chennai - 600096, Tamil NaduKKBK0008780NON-MICR
18602662666

Products Offered by Kotak Mahindra Bank in Chennai

In Chennai, Kotak Mahindra bank provides a plethora of banking products and services according to the requirement of the customers. It provides all kinds of banking products that are required by the client to solve the financial problem. The wide range of products offered by the bank includes loans, insurances, investments and deposits. Under the category of loan, the bank provides multiple products and they are home loan, personal loan, car loan, loan against property, business loan and etc. It even takes care of investment needs of the individual and accepts the deposits. The customer can choose any of the product as per the need. The details of all the products proffered by the bank are given in the table below:

Kotak Mahindra Bank Products Details

Product NameEligibility CriteriaAmount Interest RateProcessing FeeTenure
Home Loan Individuals, either solely or jointly can apply for the home loan if they fall in the age bracket and earn a considerable income as per bank norm Up to 90% of the property8.35%
Nil Up to 20 years
Personal LoanAll Indian residents who are employees of either MNCs, Public and Private limited companies with:
- Minimum age 21 years and maximum 58 years
- Minimum net salary of ₹ 25,000
- Graduation as minimum Education qualification
- Minimum 1 year of stay in the current city
- Having total work experience of 2 years
Minimum - ₹ 50,000
Maximum - ₹ 15,00,000
10.99% - 17.99%
Up to 2% of the loan amount + service taxUp to 5 years
Car LoanEligible Segments- Partnership Firms and LLPs, Public & Private Ltd. companies, HUFs and Trusts

Criteria for Salaried:
Minimum age of the applicant should be 21 years
Maximum age of the applicant at loan maturity should be 58 years
The applicant must earn minimum income of ₹ 15,000 per month
Must have minimum employment of 12 months

Criteria for Self- Employed;
Minimum age of the applicant should be 21 years
Maximum age of the applicant at loan maturity should be 65 years
Minimum employment in the current line of business should be at least 1 year
Minimum - ₹ 75,000
Maximum - Up to 90% of the car value
As per company’s normsAs per company’s norms
Maximum - 7 years
Loan Against Property- All individuals either solely or jointly can apply for loan against property
- Minimum annual income should be Rs. 1.44 lakh as per the P&L.
- Minimum 21 years of age.
- Maximum 65 years of age at the time of loan maturity.
- Firm/company should have been in operation for the last 3 years.
- Firm/company should be making cash profits for the last two years.
₹ 10 lakhs to ₹ 3 crores10% p.a. up to 1% of the loan amountMaximum Up to 12 years
Business LoanThe borrower should be in the line of business for 3 years and the business should be profitable for last 2 years.

The eligible segments are:
- Self employed businessmen with an annual turnover of ₹ 2 crores
- Manufacturers with an annual turnover of ₹ 1 crore
- Service Providers with an annual turnover of ₹ 50 lacs
₹ 3 lacs to ₹ 75 lacs16% p.a. - 19.99% p.a.Up to 2% of the loan amount15 years
Gold Loan- The applicant should be a resident Individual or Proprietor
-The age of the applicant should be 18 years and above
Minimum - ₹ 25,000
Maximum - ₹ 25 lacs
10.5% p.a. to 17% p.a.2% of the loan amountUp to 3 years
Education Loan- The student should be an Indian National
- The student shall have secured the admission in India or abroad through an entrance test or through merit based selection process
- The minimum age of the joint applicant should be 21 years but not more than 70 years
For studies in India - maximum ₹ 10 lacs

Studies abroad - maximum ₹ 20 lacs
11.5% p.a. - 24% p.a.Up to 2% of the loan amount + service tax
Fixed DepositAn individual either solely or jointly
A minor jointly with a major
HUF
Private Traders
Professionals
Partnerships Firms
Companies
Clubs
Societies & Corporates
-3.50% - 7.30%
-7 days to 10 year

Documents Required

The list of documents required to avail the benefit of the financial products are given below:

Product NameDocuments
Home Loan Proof of identity (photocopies of Voters ID card/ Passport/ Driving
licence/ IT PAN card)
Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/
Property tax receipt/ Passport/ Voters ID card)
Proof of Income - Original Salary Certificate from employer, TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt., Acknowledged copies of three years I.T. returns/ Assessment Orders, Photocopies of challans evidencing payment of Advance Income Tax
Proof of business address for non-salaried individuals
Statement of Bank Account/ Pass Book for last six months
Signature identification from present bankers
Personal Assets and Liabilities statement
Personal LoanApplication Form
1 Latest Photograph
Identity Proof - Passport/ PAN Card/ Voters ID card/ Driving License etc
Residence Proof - Ration card/Driving License/Voters ID card/ Passport / Telephone Bill/ Electricity bill/Life Insurance policy
Age Proof - Passport, PAN Card or Any Other Certificate from Statutory Authority
Signature Proof
Ownership Proof
Income Proof - Salary slips for last 3 months, ITR/ Form 16 for last 3 years, Latest Income Tax Return
Bank Account Statements
Car LoanDuly filled Application form
Photograph
Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
Income Proof: Latest salary slip with Form 16./ Income Tax Returns of 2 previous financial years
Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card
Signature Verification from your Banker / Voters ID / IT PAN card / IT Return / Driving License / Passport
Salary Bank Statement/ Business Bank Statement
P&L A / C and B / S for the last 2 years certified by CA by Non-Salaried
Loan Against PropertyApplication form
Financial Statements/ Bank Statement
Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card
Age Proof - Passport, PAN Card or Any Other Certificate from Statutory Authority
Business LoanProof of Identity: Voter’s ID Card/ Passport/ Driving License/ PAN Card/ Signature identification from present bankers of proprietor, partner of director (if a company)

Proof of residence: Recent telephone bills, electricity bill, property tax receipt /Passport/ Voter’s ID Card of Proprietor, partner of Director
(if a company)

I.T.R., 2 Years, Balance Sheet and Profit & Loss Account
Proof of ownership of Residential or Commercial Property (including Parental Property) in select locations
Latest 6 months Bank statement of Business
Gold LoanFor Kotak customers: Latest address proof (only if the address of the customer has changed)
For non-Kotak customers: Identity Proof, Address Proof, Signature Proof (KYC Documents) and 3 passport size photographs
Education Loan Application Form
2 photographs
Proof of Identity - Passport/ PAN Card/ Voters ID card/ Driving License etc.
Residence Proof - Passport/ Driving License/ Voter ID/ Ration Card/ Telephone Bill
Signature verification from bank
Income Details of Co- Applicant and Guarantor - Latest payslip or Form 16 or 2 years ITR
Proof of Ownership
Proof of Relationship
Confirmed admission letter
Letter from college
Academic Pass out Mark sheet/Certificate
Fixed DepositProof of Identity - Passport, Voter ID card, Driving license, PAN card, Government department ID card
Proof of Residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement

People Also Look For

Personal Loan Interest Rates December 2017
Bajaj Finserv 10.99% - 16.00%
Fullerton India 14.00% - 33.00%
HDFC Bank 10.99% - 20.70%
ICICI Bank 10.99% - 18.40%
IndusInd Bank 12.99% - 20.00%
Kotak Bank 10.99% - 17.99%
RBL 14.00% - 18.00%
Standard Chartered Bank 10.99% - 14.49%
Tata Capital 11.49% - 18.00%
Home Loan Interest Rates December 2017
State Bank of India/SBI 8.30% - 8.60%
HDFC 8.35% - 8.95%
Bank of Baroda 8.30% - 9.30%
LIC Housing 8.35% - 8.70%
PNB Housing Finance 8.35% - 8.70%
ICICI Bank 8.35% - 8.85%
Axis Bank 8.35% - 8.75%
Citibank 8.60% - 9.35%
Indiabulls Housing Finance Limited 8.35% - 8.55%
Kotak Bank 8.35%
EMI Calculator