Get a business loan of up to ₹2 crore, covered under the CGTMSE scheme.

What Is Kotak GST Power Loan?

Growth opportunities shouldn't have to wait for funding. The Kotak GST Power Loan is a GST business loan built for GST-registered MSMEs, offering a collateral-free business loan of up to ₹2 crore through a GST-based assessment process. As a business loan for MSME, it's designed to give small and growing enterprises access to funding without the wait typically associated with traditional financing. We give fast approval within 48 hours* after document collection, so your business can access funds efficiently.

Whether you're looking to expand operations, purchase equipment, build inventory, or meet working capital loan requirements, the Kotak GST Power Loan is designed to give your business the financial support it needs for growth. As a GST loan for small business, it's positioned to support enterprises at exactly the stage when cash flow and growth capital matter most.

Features of Kotak GST Power Loan

Here's a closer look at what makes this GST Business Loan a practical funding option for MSMEs:

• Loan Amount: Ranges from a minimum of ₹20 lakh to a maximum of ₹2 crore, based on your business's GST turnover and the Bank's credit assessment.
• Assessment Without Financial Statements: Your credit assessment is based on your GST returns and bank statements, removing the need to submit detailed financial statements or audited books.
• Multiple Facility Types: Choose from Cash Credit Overdraft (COD), Working Capital Demand Loan (WCDL), Dropline Overdraft (DOD), or Term Loan (TL), depending on your business's cash flow pattern.
• Covered under CGTMSE: Eligible loans are covered under the CGTMSE scheme backed by the Government, which allows the Bank to extend a Collateral-free business loan while managing its own lending risk.
• Flexible Tenure: COD and WCDL facilities run up to 12 months, while DOD and Term Loan facilities can extend from 12 to 60 months.
• Minimal Documentation: Only core documents are required, including KYC, bank statements, GST returns, ITR, Udyam Registration, and ownership proof, rather than a lengthy financial documentation trail.
• Fast Turnaround: 48-hour* approval after document collection, helping you access working capital or expansion funding without long processing delays.

Who Can Apply for the Kotak GST Power Loan

This loan is designed for self-employed non-professionals and business entities looking for funding to support working capital requirements, business expansion, inventory purchases, and other business needs. The following business entities are eligible to apply:

• Proprietorship Firms
• Partnership Firms
• Limited Liability Partnerships (LLPs)
• Private Limited Companies
• Hindu Undivided Families (HUFs)
• Trusts
• One Person Companies (OPCs)

Eligibility Criteria for GST Power Loan

• Age: 25 to 70 years at the time of application
• Business Vintage: Minimum 3 years of business operations
• GST Registration: Active GST registration is mandatory
• GST Turnover: Annual GST turnover of ₹1 crore or more in the last 12 months

Meeting the above criteria helps ensure a smooth assessment of your business loan application. The Kotak GST Power Loan is not available to businesses, industries, or applicants falling under restricted categories as defined by Kotak Mahindra Bank's prevailing credit, risk, and regulatory policies. Eligibility, loan amount, sanction, and disbursal are subject to the Bank's internal credit evaluation and applicable terms and conditions.

How to Apply for the Kotak GST Power Loan

Applying for a business loan up to ₹2 crore is simple and hassle-free with Kotak. Here's how the process works:

Step 1: Get in Touch

• Apply online and register your interest, and a representative will get in touch shortly.
• Connect with your Relationship Manager or call 1800 4100 (toll-free).
• Visit your nearest Kotak Mahindra Bank branch.

Step 2: Submit the Required Documents

Share your GST returns and other necessary business documents for a preliminary assessment of your application. The required documents include:

• KYC documents
• Application form
• Last 12 months' bank statements
• Last 24 months' GST returns
• Latest ITR
• Udyam Registration Certificate (URC)
• Ownership proof of residence, office, or factory

Step 3: Application Review and Credit Assessment

Our team evaluates your business profile, financial documents, and credit eligibility to process your loan application.

Step 4: Loan Sanction and Disbursal

Upon successful assessment and approval, your business loan is sanctioned within 48 hours*, and funds are disbursed as per the applicable process.