Kotak Mahindra Bank Gurugram

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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 NameComplete AddressIFSC CodeMICR CodeContact Number
DLF Phase IVSuper Mart 1, DLF Phase IV, DLF Phase 4, Gurugram - 122007, HaryanaKKBK000029111048504718602662666
GurugramJMD Regent Square, Mehrauli Gurugram Road, Opposite Bristol Hotel KKBK000026111048500218602662666
Gurugram - Sector 14


Kotak Mahindra Bank Ltd. Ground Floor SCO 16 Sector 14 Gurugram , Haryana - 122 001KKBK0000287110485027(0124) 4215271
Gurugram Golf Course Road

Kotak Mahindra Bank Ltd. Ground Floor, Block - B, Vatika Atrium, Sector 53, Golf Course Road, Gurugram 122001, HaryanaKKBK0000289110485043(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, HaryanaKKBK00002991104850591800226022
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-122002KKBK000425311048506118001026022
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 001KKBK000425611048506618001026022

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 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 property8.65% - 8.75%
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% - 20.99%
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% - 7.93%
-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

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