You can now get a Kotak Mahindra Bank Home Loan at affordable interest rates starting from 9.00% p.a. on Bajaj Markets. Also, you get to choose a tenure ranging up to 20 years so that you can repay at your convenience. With simple eligibility criteria, minimal documentation, and low processing fees, this loan can help you meet your housing requirements efficiently.
Make sure to check the kotak home loan’s interest rate and other associated charges prior to applying.
Processing fee |
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₹5,000 + GST at the time of login (non-refundable) |
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Interest Certificate, Statement of Account, and Amortisation Schedule |
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Charges for copy of any documents (Duplicate NOC, Copy of property documents, etc.) |
₹500 + GST |
Any other documents /letter (e.g. Subsidy Confirmation Letter, Credit Opinion Letter, Interest paid confirmation letter, etc.) |
₹500 + GST |
Repayment mode or account swap charges |
₹500 + GST |
Prepayment Charges |
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Instrument (Cheque/ECS/Mandate) dishonour charges |
₹500 + GST |
Penal interest charges |
2% on EMI amount that is not paid + GST per month |
*Disclaimer: The above-mentioned rates and charges are subject to change at the lender’s discretion.
Year | Principal | Interest | Balance |
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You can obtain this loan on Bajaj Markets easily by going through the following steps:
Click on the ‘Apply Now’ option on this page
Fill in the application form with your basic information
Choose ‘Kotak Mahindra Bank’ from the list of lenders
Choose the loan amount and property details
Find out your loan offer along with all the charges and net disbursal amount
Following this, a representative of the bank will reach out to you for further proceedings.
Home Loan Quick Links
Government Schemes
You can borrow up to ₹50 Lakhs with a Kotak Mahindra Bank Home Loan. However, this is subject to your eligibility for the loan.
Your spouse, parents, and other close relatives may apply for this home loan with you as co-applicants.
Salaried individuals have to pay 0.5% of the loan amount + GST as processing fees. Meanwhile, self-employed applicants may be required to pay up to 1% of the loan amount + GST.
Yes, upon obtaining this home loan, you can enjoy tax benefits under Section 80C and Section 24B of the Income Tax Act, 1961.
The maximum loan repayment tenure that Kotak Mahindra Bank offers is 20 years.