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Home Loan
Kotak Bank is known for competitive rates, transparent processing, strong digital banking, and flexible eligibility—trusted by millions of Indian homebuyers nationwide.
Availing Loan
NEVER BEEN SO EASY
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Secure Your Loan
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Types of Kotak Home Loans & Key Features
🏡 Kotak Mahindra Bank Home Loan – Smart, Fast & Flexible Housing Finance for Every Indian
Your home-buying journey made simpler with lower EMIs, digital approval, and flexible eligibility.
Kotak provides multiple home loan categories for salaried, self-employed and NRI borrowers. You get floating & fixed rate options, long tenure, flexible repayment and high LTV—ideal for first-time buyers, upgraders, and balance transfer users.
| Home Loan Type | Floating Rate (Approx) | Fixed Rate (Approx) | Max Tenure | LTV | Max Loan Amount |
|---|---|---|---|---|---|
| Home Purchase Loan | 8.70% – 10.50% | 9.00% – 11.20% | Up to 30 years | Up to 90% | ₹5 Cr |
| Home Improvement Loan | 9.00% – 11.50% | 9.40% – 12.20% | Up to 15 years | Up to 80% | ₹1 Cr |
| Home Construction Loan | 8.85% – 10.75% | 9.25% – 11.40% | Up to 30 years | Up to 85% | ₹3 Cr |
| Plot + Construction Loan | 8.90% – 10.80% | 9.30% – 11.50% | Up to 30 years | Up to 80% | ₹2 Cr |
| Balance Transfer Loan | 8.70% onwards | 9.10% – 11.10% | Remaining tenure | Up to 90% | ₹5 Cr |
💡 PoketCare Pro Tip: Always compare fixed vs floating for your income pattern. For long-term borrowers, floating usually gives better savings.
Home Loan Insurance Recommendation
A home loan insurance protects your family from EMI burden during life uncertainties such as disability, job loss or medical emergencies. Kotak offers multiple credit-protection plans with flexible premium options.
💡 PoketCare Pro Tip: Choose a single-premium home loan insurance clubbed with your loan—safer, easier, and offers smoother tax benefits.
Ideal Borrowers & Eligibility Criteria
Kotak home loans are ideal for salaried, business owners, professionals and NRI buyers with stable incomes, healthy CIBIL scores and clear repayment capability. Eligibility is based on age, FOIR, income and credit score.
✔️ Eligibility Criteria
👨💼 Salaried Borrowers
- Minimum salary: ₹25,000 monthly
- CIBIL Score: 700+
- Employment stability: 1 year
- Age: 21–60 years
🧾 Self-Employed Borrowers
- Business continuity: 3 years
- ITR + financials for 2 years
- CIBIL Score: 700+
- Age: 21–65 years
🌍 NRI Borrowers
- Valid work/residence proof
- NRE/NRO bank statements
- Country-specific minimum income
- CIBIL Score: 700+
💡 PoketCare Pro Tip: Add a co-applicant to boost your loan amount and improve eligibility instantly.
Documents Checklist (Salaried - Self-Employed - NRI)
Kotak follows a simple documentation process. Keep these key documents ready for faster verification and quicker disbursement. Uploading clear digital copies on PoketCare can help you get same-day approval.
📑 Document
| Document Type | Salaried | Self-Employed | NRI |
|---|---|---|---|
| PAN & Aadhaar | ✔️ | ✔️ | ✔️ |
| Address Proof | ✔️ | ✔️ | ✔️ |
| Income Proof | Salary Slips 3–6 months | ITR + P&L + Balance Sheet | Overseas Salary Certificate |
| Bank Statements | 6 months | 12 months | 12 months |
| Employment Proof | Form 16 | GST/Registration | Work Permit |
| Property Papers | ✔️ | ✔️ | ✔️ |
| Additional | — | Business Profile | Passport + Visa |
💡 PoketCare Pro Tip: Upload all pages of property documents—helps banks avoid back-and-forth and speeds up sanction.
Kotak Home Loan Charges (Pre & Post Disbursement)
Kotak maintains a fair and transparent fee structure. Understanding these charges upfront helps borrowers calculate the exact on-road cost of their home loan.
Charges
| Charge | Amount/Percentage |
|---|---|
| Processing Fee | 0.5% – 2% of loan |
| Legal & Technical Fee | ₹6,000 – ₹15,000 |
| Login Charges | ₹3,500 – ₹5,000 |
| Stamp Duty | As per state |
| MODT | 0.1% – 0.3% |
| Prepayment (Floating) | Nil |
| Prepayment (Fixed) | 2% – 4% |
| EMI Bounce Charges | ₹350 – ₹750 |
| Penal Interest | 2% per month |
💡 PoketCare Pro Tip: Ask for processing fee discounts during festivals—Kotak frequently runs offer campaigns with waiver benefits.
Benefits of Kotak Home Loan
Kotak home loans are known for lower EMIs, seamless digital approval, flexible documentation and faster turnaround time—ideal for modern Indian homebuyers.
⭐ Key Benefits
⚡ Quick digital sanction
💸 Attractive interest rates
📱 Smooth paperless onboarding
🧾 Simple documentation
🏡 High LTV for first-time buyers
🔁 Easy balance transfer + top-up option
🛡️ Access to loan protection insurance
💡 PoketCare Pro Tip: Balance transfer with top-up can help reduce EMI AND give extra funds for renovation or personal needs.
Useful Links for Kotak Home Loan Borrowers
🏠 PMAY Subsidy Info – https://pmaymis.gov.in
📉 Check CIBIL Score – https://www.cibil.com
📊 PoketCare EMI Calculator – (Insert link)
🔁 Home Loan Balance Transfer – (Insert PoketCare link)
💡 PoketCare Pro Tip: Regularly check CIBIL score updates before applying to get the best Kotak home loan interest rate.
🏁 Conclusion
Kotak Bank Home Loan is a perfect blend of affordability, speed and convenience. When applied through PoketCare, you get personalised lender matching, lowest-rate negotiation, priority processing, expert guidance and an end-to-end paperless journey—ensuring faster approval and maximum savings.