Top Banks 2024
Kotak Mahindra Bank Gurugram
Last Updated : March 18, 2017, 3:58 p.m.
About Kotak Mahindra Bank
Why go anywhere else, when Kotak Mahindra Bank is here to serve all your banking needs. With a variety of tailor-made products and services, the bank caters the diverse financial requirement of people. It offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management. The bank has a strong network of branches within the domestic boundary. It has a total number of 1,348 branches across 675 locations and 2,051 ATMs in the country.
In February 2003 Kotak Mahindra Finance Ltd., the Group’s flagship company, received a banking licence from Reserve Bank of India. At that time, it was the first non-banking finance company in India to be converted into a Bank. It is popular as Kotak Mahindra Bank Limited. As per the study conducted by Brand Finance Banking 500, published in the year 2014 by the Banker Magazine, Kotak Mahindra Bank ranked 245th among the world’s top 500 banks with a brand valuation of around half a billion dollars ($481 million) and brand rating of AA+.
Address of Kotak Mahindra Bank Branches in Gurugram
The complete address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank located in Gurugram are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| DLF Phase IV | Super Mart 1, DLF Phase IV, DLF Phase 4, Gurugram - 122007, Haryana | KKBK0000291 | 110485047 | 18602662666 |
| Gurugram | JMD Regent Square, Mehrauli Gurugram Road, Opposite Bristol Hotel | KKBK0000261 | 110485002 | 18602662666 |
| Gurugram - Sector 14 | Kotak Mahindra Bank Ltd. Ground Floor SCO 16 Sector 14 Gurugram , Haryana - 122 001 | KKBK0000287 | 110485027 | (0124) 4215271 |
| Gurugram Golf Course Road | Kotak Mahindra Bank Ltd. Ground Floor, Block - B, Vatika Atrium, Sector 53, Golf Course Road, Gurugram 122001, Haryana | KKBK0000289 | 110485043 | (0124) 4211000 |
| Old Judicial Complex Branch | Kotak Mahindra Bank Ltd, Ground Floor, First Floor & Basement Area, Plot No. 61, Sector Old Judicial Complex, Gurugram - 122001, Haryana | KKBK0000299 | 110485059 | 1800226022 |
| DLF Phase I Gurugram Branch | Kotak Mahindra Bank Ltd, DLF Phase I , (Arjun Marg), Gurugram Ground Floor, & Mezzanine, Shop No.27 & 28, Shopping Mall Building, Dlf Qutab Enclave Complex, Phase-I, Gurugram-122002 | KKBK0004253 | 110485061 | 18001026022 |
| Gurugram Sushant Lok Branch | Kotak Mahindra Bank Limited Sushant Lok Branch- Gurugram ( Haryana) Ground Floor & Mezzanine Floor, Shop Number Gf-21, The Peach Tree Complex, Block-C, Sushant Lok-1, Gurugram, Haryana - 122 001 | KKBK0004256 | 110485066 | 18001026022 |
Products Offered by Kotak Mahindra Bank in Gurugram
Kotak Mahindra Bank provides a variety of banking products and services in Gurugram to satisfy the banking requirements of people. It has multiple products to offer under the category of loans and deposits. The gist of all products, their eligibility and documents required to avail those products are mentioned in the table below:
Kotak Mahindra Bank Products Details
| Product Name | Eligibility Criteria | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| 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 property | 8.70% onwards | Nil | Up to 20 years |
| Personal Loan | All 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% Onwards | Up to 2% of the loan amount + service tax | Up to 5 years |
| Car Loan | Eligible 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 norms | As 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 crores | 10% p.a. | up to 1% of the loan amount | Maximum Up to 12 years |
| Business Loan | The 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 lacs | 16% p.a. - 19.99% p.a. | Up to 2% of the loan amount | 15 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 amount | Up 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 Deposit | An individual either solely or jointly A minor jointly with a major HUF Private Traders Professionals Partnerships Firms Companies Clubs Societies & Corporates | - | 2.50% - 4.90% | - | 7 days to 10 year |
Documents Required
The list of documents required to avail the benefit of the financial products are given below:
| Product Name | Documents |
|---|---|
| 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 Loan | Application 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 Loan | Duly 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 Property | Application 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 Loan | Proof 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 Loan | For 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 Deposit | Proof 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 |