Kotak Mahindra Bank Jaipur

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About Kotak Mahindra Bank

Kotak Mahindra Bank is a prominent bank under the flagship of Kotak Mahindra Finance Ltd. The Reserve Bank of India in February 2013 gave licence to the host company to conduct banking business. The bank since incorporation has aimed at delivering best services to its customers and therefore has introduced multiple banking products. Each product is made to suit the unique requirement of an individual. The motive of the bank is to satisfy the want of the customer at the earliest. It provides it’s customers with the latest facilities and updates its way of operating regularly. For the convenience of the customer, the bank has opened branches at various locations. The bank has a broad network of 1,348 branches across 675 locations and 2,051 ATMs in the country. Also, the banking facilities can be availed by the customer as the bank provides the facility of net banking to its customers. The bank uses the latest technology to provide a better experience to the customers. This has helped the bank to stay afloat amid the massive competition. The bank has been acknowledged with several rewards and recognitions for its excellent performance in the work field. The bank received VMWare IT Excellence Award and Dell EMC Transformation Award in the financial year 2016-17. Also, it was the third largest private bank in India by market capitalization in the year 2016.

Address of Kotak Mahindra Bank Branches in Jaipur

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Kotak Mahindra BarhmohanpuraGround Floor Khasra #136 137 Muhana Road Mansarovar Tehsil Sanganer, Jaipur - 302020
Rajasthan
KKBK0003543 NON-MICR18602662666
Kotak Mahindra Chomu Chomu Branch- Rajasthan, Ashok Plaza : Plot No. & Ward #3, Mohalla-motor Stand, Chomu, Rajasthan - 303702
Chomu , Rajasthan
KKBK0003714 30348502601423-223011, 01423-223012, 01423-223013
Kotak Mahindra Jaipur Jothawara Road Ground Floor E 4 & E 5 Subhash Nagar Shopping Center Jothawara Road Jaipur 30201
Rajasthan
KKBK0003540NON-MICR18602662666
Kotak Mahindra Jaipur North Avenue Shop No G2 & G3, Ground Floor, North Avenue, Plot No. D468, Sikar Road, Vishwakarma Industrial Area, Taluka &, Jaipur - 302013 Rajasthan KKBK0003537NON-MICR18602662666
Kotak Mahindra Jaipur Tonk RoadGR & Basement Floor A 8 9 Anupam Chambers Dis Shopping Centre Lalkhoti Tonk Road Jaipur Raj - 302015
Rajasthan
KKBK0003539NON-MICR18602662666
Kotak Mahindra Johari Bazaar Johri Bazar Ground Floor, Shop #91, Johari Bazar Jaipur - 302003
Rajasthan
KKBK0003534 3024850050141-2579034, 0141-2579038, 0141-2579040
Kotak Mahindra Malviya Nagar Ground Floor, Shop No S- 6, S-7, S-8 & S-9 Arihant Plaza : Plot Near Power House, Malviya Nagar, Jaipur - 302017
Rajasthan
KKBK0003538 NON-MICR1800-102-6022
Kotak Mahindra Mansarovar Ground Floor & Basement Floor Properly Bearing #80 85 Opposite Mansarovar Plaza Madhyam Road, Jaipur - 302020 Rajasthan KKBK0003545NON-MICR1800-102-6022

Products Offered by Kotak Mahindra Bank in Jaipur

In Jaipur, 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 a home 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 property8.65%
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

11.00% - 18.85%


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% - 7.10%
-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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