Kotak Loan Process

Customer need to send docs for KYC on corporate@mybooster.biz

It’s mandatory that customer should deposit Down payment Amount in MYBooster Account.

Customer Contact details - Mob No, Details Address, Email ID should be provided on corporate@mybooster.biz

Required document from customers -

Verification of docs and collection of the hard copy of the documents will be done by Kotak Mahindra Bank representative and who will visit mentioned customer address.

On positive verification, customer will receive mail for loan approval, including loan amount from Kotak Mahindra Bank Ltd.

Customer should forward that confirmation mail on corporate@mybooster.biz

MYBooster will Refund the total amount of down payment to customer in case the loan is not approved by Kotak Mahindra Bank.

On validation at Pune Office, machine will be dispatched to Customer Address.

IN case of cooperative bank the 1st EMI will be collected through Cheque and rest all EMIs will be collected through ECS.

The EMI will be collected through ECS option by Kotak Mahindra Bank on regular basis in case of Nationalize bank