Kotak Mahindra Bank offers MUDRA Loan facility under Pradhan Mantri Mudra Yojana (PMMY) under 3 schemes - Shishu, Kishor and Tarun for granting financial aid to MSMEs.

Key Features of Kotak Mahindra Bank Mudra Loan



Kotak Mahindra Bank Mudra Loan Features

Loan Amount

Up to Rs. 10 lakhs


  • Individuals, start-ups, proprietors, partners, women entrepreneurs and MSMEs 
  • Applicants having good financial and past loan repayment history will be given preference
  • An applicant with no loan defaults with any bank or NBFC will be preferred
  • Indian Citizens having no criminal background

Rate of Interest

11.5% -18% p.a.

Maximum Loan Tenure

Up to 5 years

Loan Type and Loan Amount




  • Up to Rs. 50,000
  • Between Rs. 50,000 - Rs. 5.00 Lakhs
  • Between Rs. 5.00 Lakhs - 10.00 Lakhs

Borrower Age 

18 years – 65 years

Rate of Interest

Based on the borrower’s profile and requirement for loan


No collateral required