Kotak Mahindra Bank Limited (KMBL) on Wednesday declared that it is offering crisis individual advances solely for the treatment of COVID-19. Under the offer, borrowers can profit advances going from Rs 1 lakh to Rs 5 lakh, at an interest rate beginning at 10% per annum.
The credit covers costs brought about for the clinical treatment of COVID-19 for self just as for relatives. Both existing and new clients of KMBL are qualified to apply for an advance.
Key Features of Kotak Emergency COVID-19 Personal Loans:
- Loan Amount: From Rs 1 lakh to Rs 5 lakh
- Loan Tenure: From 1 year to 4 years
- Interest Rate: Beginning at 10% per annum
- Processing Fee: Flat 1% of the advance sum
Further, KMBL has restricted driving medical care brands, for example, Tata 1mg and MediBuddy to give a scope of appealing medical services offers for KMBL charge and credit cardholders.
Medical services Offer for KMBL Debit and Credit cardholders
Kotak General Insurance: A unique advantage for Kotak clients is the 'Kotak Group Smart Cash' wellbeing strategy at a yearly charge of just Rs 2,999. Under the approach, policyholders will get the advantage of cost repayment of Rs 5,000 every day, for at regular intervals of hospitalization finished, for a most extreme time of 30 days in a year, notwithstanding different advantages.
MediBuddy: For just Rs 49, KMBL clients get a specialist interview, up to 15% markdown and cashback on prescriptions, level 15% off on lab tests and wellbeing registration, level 10% off on OPD discussion, and significantly more.
City Healthcare: Kotak clients can profit from the COVIPROTECT Spike immunizer blood test at a 30% markdown at all Metropolis diagnostics focuses in more than 90 urban areas across India.
TATA 1mg: KMBL clients get an exceptional 17% markdown + 5% cashback (up to Rs 100) on endorsed meds on the Tata 1mg application or site by utilizing coupon code 'KOTAK1MG'.
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