Kotak Mahindra Bank New Delhi

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About Kotak Mahindra Bank

Kotak Mahindra Bank is an Indian bank and financial service firm established in 1985. Initially, it was a non-banking financial company that was given license to carry on banking business by the Reserve Bank of India in the year 2003. The headquarters of the bank are located at Nariman Bhavan, Nariman Point, Mumbai. It has a working network of 1,336 branches spread across the nation. It has opened 2,044 ATMs at 702 locations to facilitate the cash withdrawal. It is the fourth largest private bank in India. The bank has enhanced its capacity and means to serve more customers across a wider national footprint. It has a number of ways to meet a variety of needs. For all the variant needs of the customer, the bank has drafted unique products. The bank aims at rendering quality services to each of the customers. In short span of time, the bank has received great reputation. It has won VM Ware IT Excellence Award and Dell EMC Transformation Award. The bank lately was declared the Best Cash Management Bank in India at the Asian Banker Transaction Banking Awards 2016.


Address of Kotak Mahindra Bank Branches in New Delhi

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
New Delhi - Connaught Place

Ground Floor, Ambadeep, 14, Kasturba Gandhi Road, New Delhi - 1KKBK0000172110485003(011) 51790000
New Delhi - Greater Kailash Ii

M - 43 A, M Block Market, Greater Kailash - Ii, New Delhi - 110 048KKBK0000173110485005(011) 42194900
New Dehi - Punjabi Bagh

4 Sector Iv Market, North - West Avenue Rd., Club Road, Punjabi BaghKKBK0000174110485007(011) 42256200
New Delhi - Safdarjung Enclave
A - 1/24, Safdarjung Enclave, New Delhi - 110 029KKBK0000175110485006(011) 41654491
New Delhi - New Friends Colony

New Friends Colony D - 960, New Friend's Colony, New Delhi 110065KKBK0000176110485009(011) 41626666
New Delhi - Palam

Khasra, No 65, Harphool Singh Market, Main Dwarka Janakpuri Road, Palam, New Del Pin Code 110 045KKBK0000177110485008(011) 45521060-65
New Delhi - Old Rajinder Nagar

79, Old Rajinder Nagar Market, New Delhi - 110060KKBK0000179110485010(011) 42430860
New Delhi - Preet Vihar

7 Bharati Artist Colony, Vikas Marg, Preet Vihar New Delhi 110 072KKBK00001831104850119910892042-45
New Delhi - Gulmohar Park

21, Comuinity Centre, Yusuf Saria , Gulmohar, New Delhi 110 049
KKBK0000184110485015(011) 46066730
New Delhi - Model Town

B - 1, Gujranwala Town Part - 1, Model Town New Delhi - 110 009KKBK0000185110485012(011) 47013200
New Delhi - Chandani Chowk

739, 1st Floor, Katra Hardayal, Chandni Chowk Delhi - 110 006KKBK0000186110485017(011) 23240390
New Delhi - Saket

26, Community Center, PVR Complex, Malviya Nagar Extention Saket New Delhi 110 017KKBK0000187110485016(011) 40592000
Delhi - Kamlanagar

Kotak Mahindra Bank Ltd. 19 C UA , Jawahar Nagar, Bunglow Road , Kamla Nagar, New Delhi - 110007KKBK0000190110485035(011) 47088308
New Delhi - Karol Bagh

Kotak Mahindra Bank Ltd. 16/10 Ground Floor Arya Samaj Road Karol Bagh New Delhi 110KKBK0000191110485019(011) 45064626
New Delhi - Mansarovar Garden

Kotak Mahindra Bank Ltd. D - 209, Ground Floor, D - 209, Ground Floor, Ring Road, Mansarover Garden, New Delhi - 110 018KKBK0000192110485018(011) 45519606
New Delhi - Dwarka

Kotak Mahindra Bank Ltd G - 1, 2, 3 Manish Mega Plaza Plot No. 13, Sector - 5, Plot No. 13, Sector - 5KKBK0000193110485023(011) 45509453
New Delhi - Greater Kailash I

Kotak Mahindra Bank Ltd. G - 5 - 13, Plot No.1& 2, Basement B - 4, Local Shopping Centre, Pamposh Enclave, Greater Kailash I, New Delhi 110048KKBK0000195110485025(011) 66082501

Products Offered by Kotak Mahindra Bank in New Delhi

In New Delhi, 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 property8.65%
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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