Kotak Personal Loan Statement

A Kotak Mahindra Bank personal loan statement is a type of document. It ideally details every aspect of your loan account, including the amount borrowed, interest rates, repayment schedule, transaction history, and current balance. The bank facilitates easy access to these statements through its digital banking platforms, allowing customers to check their loan status online conveniently. This accessibility further helps you stay informed about your financial commitments and aids in timely decision-making about loan repayment. To learn more, continue reading below. We will guide you on how to get a Kotak Mahindra Bank personal loan statement and other relevant information. Let’s dive in.

Method to Get Kotak Mahindra Bank Personal Loan Statements

Here are the available methods for Kotak Mahindra Bank personal loan statement download:

• Net Banking: Log in to your Kotak Mahindra Bank net banking account and navigate to the loans section to download your personal loan statement.
• Mobile Banking App: Use the Kotak mobile banking app, go to the loans section, and you can view or download your statement from there.
• Customer Service: Contact the bank’s customer service via phone or email and request your personal loan statement. They may send it to you by email or post.
• Branch Visit: Visit your nearest Kotak Mahindra Bank branch and request a physical copy of your personal loan statement.

Checking Kotak Mahindra Bank Loan Statement

Here are the applicable terms you must be aware of before downloading your Kotak Mahindra Bank personal loan account statement:

Loan Account Details 

This section provides the unique identification details of your loan account. It includes the loan type, account number, date the loan was disbursed, loan term, and interest rate applied to your loan. These details are vital for examining the framework of your loan and can aid you in managing your financial commitments and long-term financial planning.

Transaction History

This area records all transactions related to your loan account. It typically encompasses disbursements, repayments, interest charges, and fees. Each entry includes the date, description, and amount of the transaction. This comprehensive record helps you track the flow of funds and ensures transparency in managing your loan.

Outstanding Balance and Interest Accrued

This part of the statement shows the current outstanding balance of your loan, which is the amount you still owe the bank. It also details the interest accumulated over time, calculated based on the loan’s interest rate and the balanced amount. Understanding this section is crucial for managing your loan repayment effectively.

Payment History and Due Dates 

This section lists all the payments you have made towards the loan. Namely, it lists the date and amount of each payment, along with the interest payments. It also provides information about upcoming due dates for future payments, helping you plan your finances and avoid late payment penalties.

Registration Process at Kotak Mahindra Bank Personal Loan Portal

Following are the application process and the required documents to register Kotak Mahindra Bank Personal Loan Portal: 

Registration Process

• Step 1: Visit the Kotak Mahindra Bank website or mobile app.
• Step 2: Navigate to the Personal Loan section and click ‘Apply Now’.
• Step 3: Fill in the loan application form and submit it with the required documents.  
• Step 4: You can track your loan application status via the Kotak Bank portal.

Required Documentation

• Proof of Identity: PAN Card, Passport, Aadhaar Card, or Voter’s ID Card.
• Proof of Residents: Passport, Aadhaar Card, or Driving License.
• Proof of Income: Salary slips, Form 16/IT Returns, and bank statements. 

Login Procedure at Kotak Mahindra Bank Loan Portal

Follow the steps given below to log in to the Kotak Mahindra Bank Loan Portal for the Kotak Mahindra Bank personal loan statement download:

• Step 1: Visit the Kotak Mahindra Bank website and opt for the Net Banking login page.
• Step 2: Enter your Customer Relationship Number (CRN) and password.
• Step 3: You may receive an OTP on your phone, which you must input to proceed.
• Step 4: Click the “Installment Loans” tab once logged in.
• Step 5: You can now access various loan services, check the due dates for remaining payments, get tax certificates for your loan, etc. 

Downloading Kotak Mahindra Bank Personal Loan Statement Online

To download the Kotak Mahindra Bank personal loan statement, you can follow any of the methods given below: 

Mobile Banking

• Log in to your Kotak Mobile Banking app.
• Navigate to the ‘Loans’ section.
• Select your Personal Loan account.
• Opt for the ‘Download Statement’ option.
• Choose the period for which you need the statement.
• Download the statement in PDF format.

WhatsApp Banking

• Give a missed call on 9718566655 from your registered mobile number to start.
• Add ‘022 6600 6022’ to your mobile contacts.
• Send a message saying “Help” to this contact on WhatsApp.
• Follow the instructions provided to request your loan statement.
• You will receive a 6-digit OTP on your registered mobile number.
• Enter the OTP on WhatsApp and follow the on-screen steps to download your statement.

Internet Banking

• Visit the Kotak Mahindra Bank website 
• Log in to your internet banking account.
• Go to the ‘Instalment Loans’ section and then the “Personal Loan” option.
• Click on ‘Download Statement’ and select the required period.
• Your statement will be downloaded in PDF format for your records.