Kotak Mahindra Bank is one of the top banks in India for home loans. The bank offers 75% to 80% of the property's market value as a home loan for eligible borrowers. Borrowers can quickly repay the loan amount along with interest as affordable monthly EMIs.
One of the main reasons Kotak Mahindra Bank stands out as a preferred home loan lender is that it offers an easy, hassle-free home loan process. Coupled with attractive interest rates, and other added features, Kotak Mahindra Bank is an excellent choice for home loans in India.
Salient Highlights of Home Loans from Kotak Mahindra Bank:
- Doorstep Service – You no longer have to run around visiting the branch endless times to get the home loan processed. Kotak Mahindra Bank offers hassle-free and convenient doorstep loan processing for eligible borrowers.
- Easy Documentation – One of the biggest challenges for home loan processing is providing documentation. Kotak Mahindra Bank has simplified the documentation extensively, and applicants have to submit only minimal documents.
- Zero Processing Fee – Save on home loan processing fees when you apply for a home loan online.
- Competitive Interest Rates – Kotak Mahindra Bank offers low-interest rates on home loans starting from just 6.65% per annum.
- Home Loan Insurance – Kotak Mahindra Bank also offers add-on features like insurance options to protect your home at attractive premiums.
- Quick Loan Processing – Kotak Mahindra Bank provides a super-quick home loan sanction within 24 hours. Fill the online application form, provide the required details and get a home loan quote within a few hours.
- Swift home loan approval in metros – Kotak Mahindra Bank offers speedy loan approval in metros like Chennai, Mumbai, Bengaluru, Delhi, Pune, and Hyderabad.
- PMAY Scheme – Kotak Mahindra Bank offers CLSS under the PMAY scheme for eligible beneficiaries belonging to LIG, EWS and MIG groups.
Wrapping up, Kotak Mahindra Bank is one of the best choices for home loans in India. Quick application, minimal documentation, attractive interest rates and a convenient loan disbursement process make home loans from Kotak Mahindra Bank one of the top home loans in India.
Suggested Reading: Applying for a home loan? 4 Things to Keep in Mind.