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Kotak Mahindra Bank Kolkata

Kotak Mahindra Bank Kolkata

Last Updated : Sept. 5, 2018, 4:55 p.m.

About Kotak Mahindra Bank

Kolkata or Calcutta is the principal commercial, cultural and educational centre of East India. It is the third most populous metropolitan area in India. As a growing metropolitan city in a developing country, Kolkata confronts various financial problems. The Kotak Mahindra Bank helps the people of the city in overcoming their troubles by providing them the useful banking services. It provides the benefit of customised banking to the residents of the town. The bank was established in the year 2003 under the flagship of Kotak Mahindra Finance Ltd. The motive of the group behind entering into the banking sector was to provide the best banking service to the customers. The bank maintains its standard by giving people the comfort of suitable banking products. All the banking products are specially designed to match the requirement of the people. It is considered one of the best private sector bank because of its dedicated services. The bank has received various credits from all spheres for taking intense care of people’s financial requirement. The bank is owned and managed by the experts in the field. Uday Kotak the Founder & Executive Vice Chairman & MD of the group was recognised as Businessman of the Year 2016 by Business India. Since incorporation, the bank has been fulfilling the dreams of its customers.

Address of Kotak Mahindra Bank Branches in Kolkata

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Kotak Mahindra Ballygunge KolkataGround Floor Devalaya 3 A Gariahat Road, Kolkata - 700019
West Bengal
KKBK0006578NON-MICR1800-102-6022
Kotak Mahindra Brabourne Road Overseas Calcutta KolkataCity Centre 19 Synagogue Street, Kolkata - 700001
West Bengal
KKBK0006573NON-MICR1800-102-6022
Kotak Mahindra Burra Bazar KolkattaBurra Bazar Branch-kolkatta, Ground & Fifth Floor ; Building #1, Jogendra Kaviraj Row, Near Kalakar Street Post Office, Kolkata - 700007KKBK0006562700485012033 22740137, 033 22740153
Kotak Mahindra Chittaranjan AvenueGround Floor Premises #219 Chittaranjan Avenue Kolkata - 700006
West Bengal
KKBK0006584NON-MICR033 25551140, 033 25551160
Kotak Mahindra Garia Kolkata279 A Ground Floor N. S. C Bose Road, Kolkata - 700047KKBK0006577NON-MICR1800-102-6022
Kotak Mahindra Gol ParkGround Floor & First Floor, 23 By 20 By 2, Gariahat Road, Gol Park, Kolkatta, Kolkata - 700029KKBK0006567
NON-MICR033 40715583, 033 40715584, 033 40715585

Products Offered by Kotak Mahindra Bank in Kolkata

Kotak Mahindra Bank provides a wide array of banking products and services under the section of loans and deposits to help the customers overcome their financial grievances. Through it’s nationalized presence it caters the needs of all citizens of the country. In Kolkata, the bank provides a range of products that includes home loan, personal loan, car loan, loan against property, business loan, gold loan, education loan, fixed deposits and assists people in prudent wealth management. The details of the products are as follows:Kotak Mahindra Bank Products Details

Kotak Mahindra Bank Products Details

Product NameEligibility CriteriaAmountInterest RateProcessing FeeTenure
Home LoanIndividuals, 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 normUp to 90% of the property8.70% onwards
NilUp 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% Onwards
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
-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 NameDocuments
Home LoanProof 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 LoanApplication 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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