Established in 1985 Kotak Mahindra Bank offers a wide range financial services. Previously recognised as Kotak Mahindra Finance Limited it was then a non-banking financial organisation. It was then allowed to conduct banking business in 2003 by RBI (Reserve Bank of India). The bank has then been flourishing with growing business. It has now more than 500 branches and over 1000 operating ATMs across cities. They offer a seamless experience for home loans that are accompanied by some unmatched features and services.
KOTAK BANK Home Loan Fees and Interest Charges
Interest Rate : 9.55% to 14.5%
Processing Fees : 0
Loan Tenure : 20 YEARS
Guarantor : NOT REQUIRED
Pre-closure Charges : NIL
Check the factors first
EMI you are eligible up to 50 % of income.
Finances 90 % of project value
Any other EMI can lower down your eligibility
Know if you’re eligible for the loan
Minimum entry age: 18 years
Maximum age: 65 years
Income: Salaried & self employed
Why don’t you increase your loan eligibility?
Add Co applicant as your spouse her income can also be added to increase your eligibility
Choose longer tenure for eligibility maximisation.
Add your parent also as co applicant and increase your eligibility
What are the documents needed?
1. Application form with photograph duly signed
2. Processing fees
3. Latest 6 months Statement of bank account
4. ID Proof with Photo
5.Address Proof with Photo
6. Documents required for self employed
7. Documents for salaried