Loan Amount
Kotak Mahindra Home Loan offers a wide range of loan amounts, reaching up to ₹15 Crores, catering to individuals across different financial segments and fulfilling diverse housing needs
Interest Rates
Competitive interest rates starting from 8.75 % for eligible applicants.
Prepayment/Foreclosure Charges
Zero or minimal charges on prepayment or foreclosure, allowing you to reduce your loan tenure without extra costs.
Affordable Processing Fees
starting at just 0.35%, the processing fee for an Kotak Mahindra Home Loan remains competitive and is based on eligibility and the specific loan type chosen.
Application Process
Simple and quick online application process with immediate confirmation and follow-up.
Flexible Tenure
Choose a repayment tenure up to 30 years for easy and affordable EMIs, tailored to your financial comfort.
Balance Transfer Facility
Transfer your existing home loan to Kotak Mahindra Bank and enjoy lower EMIs with competitive interest rates.
Minimum Documentation
Streamlined documentation requirements to ensure a quick and hassle-free loan processing experience.
For Salaried Individuals:
For Self-Employed:
Enjoy tax savings on home loans under various sections of the Income Tax Act:
1. Section 80C: Claim up to ₹1.5 lakh on principal repayment.
2. Section 24(b): Deduct up to ₹2 lakh on interest payments for self-occupied properties.
3. Section 80EE: Additional deduction of ₹50,000 for first-time homebuyers.
Kotak Mahindra Bank offers competitive home loan interest rates that vary based on your profile and loan tenure. Check the latest rates or use our Home Loan EMI Calculator to estimate your monthly payments.
Need a more accurate EMI estimate?
You can apply for Kotak Mahindra Bank Home Loan online on SuGanta by following the given steps: