Kotak Mahindra Bank has expanded its instant Working Capital Demand Loan facility for corporate customers after disbursing more than Rs 9,000 crore during its pilot phase, signalling a shift in how businesses are managing short-term funding requirements. The bank said eligible corporates can now access working capital loans within seconds through its digital platform, fyn (for your needs), eliminating manual processing delays and banking cut-off timings that traditionally slowed loan access despite pre-approved limits. Companies can apply by entering details such as loan amount and tenure, following which pricing checks and disbursement are completed digitally.
Anu Aggarwal, President and Head of Corporate & Transaction Banking at Kotak Mahindra Bank, said the faster process allows businesses to access funds when required instead of planning around banking hours. She described instant working capital loans as a “game changer” amid volatile demand cycles and delayed receivables. The bank said adoption has been strongest among SMEs and mid-market firms, where delays in accessing working capital can affect vendor payments, inventory purchases and salary disbursements. Kotak is now extending the service to larger corporates and conglomerates.
In Kolkata, banking and trade sector observers say faster access to working capital could benefit small and mid-sized businesses dealing in wholesale trade, manufacturing and logistics, where cash-flow gaps often impact day-to-day operations. Industry analysts believe real-time corporate lending solutions may see stronger adoption in eastern India’s comm ercial hubs as companies increasingly seek quicker liquidity access.
