Banks started launching new offers as its Festival season is around the corner. Kotak Mahindra Group announced the launch of its 2020 edition of ‘Khushi Ka Season’ to attrack the customers. The bank is offering many amazing offer to its customers including attractive loan rates, loan processing fee waivers and quick online loan approvals on a range of retail and agri loan segments.
In a statement, Kotak said that it is offering home loans starting at 7%. The banks also said that if customers from other banks make a switch to Kotak, they will be eligible to save up to Rs 20 lakh for transferring the balance. Talking about 2020 edition of Khushi Ka Season, Shanti Ekambaram, Group President – Consumer Banking, Kotak Mahindra Bank Ltd said, “We are pleased to launch the 2020 edition of Khushi Ka Season, a month-long celebration to cater to all our customers’ financial & lifestyle needs – be it borrowing, savings, shopping or payments. We also recognise the increasingly larger and active role that a woman is playing in household finances and are offering preferential pricing for women applicants on loans for personal as well as for business purposes." Kotak is also giving waivers of 50% on processing fee of car and bike loans. The offer will is open for a month and is available in cities of India.
Apart from this, Bank also offer 50% waiver on processing fee on agribusiness, commercial vehicle and construction equipment finance. It also offers Payday Loans in which you can get your salary in advance with interest rates starting at just Rs 1 per day . It also offer Silk Loans in which special rate across loan products for women applicants. No-Cost EMI on Kotak Debit & Credit Cards. You will get attractive deals on leading brands at partner stores with Consumer Durable Loans and EMI on Debit & Credit Cards. Apart from this users can get 10% instant discount on Flipkart and Amazon.in for using Kotak debit and credit cardholders.