Home Loans in India: Apply For Home Loans at Low Interest Rate at Kotak Bank

Fees & Charges

Loan	Housing Finance
Interest Rate	-
Loan Processing Charges	Upto 1.25% of Loan amount
Documentation Charges	0.5% of the Loan amount
Stamping Charges	Applicable as per the respective State's Stamp Act
Credit Administration Charges	-
Credit Appraisal Charges	-
Commitment Charges	2% on loan sanctioned less amount disbursed
Overdue Interest	2% of Overdue Amount, compounded monthly
Collection Charges	30% of penal and cheque bouncing charges
Dishonour Charges Per Instance	Rs. 750.00
Swap Charges( Replacement of PDCs)	Upto Rs. 500 per Swap per Instance
Prepayment Interest / Forclosure Charges	For Individual Floating Rate Home Loans we allow full prepayment of the loan anytime (after the full disbursement of the loan) with NIL charges. For Mortgage Loans (Other than Individual Floating Rate Home Loans) we do not allow full prepayment for a period of 6 months from the date of your first EMI. 4% of Principal Outstanding +4% on amount prepaid in last 12 months
Duplicate Issue of NOC	Rs. 500/-
Solvency Certificate	Rs. 10000/-
No Due Certificate	NIL
Charges for furnishing a copy of the credit information report (CIBIL) to the applicant.	Rs. 50/-
Charges applicable in case customer requests for copies of records pertaining to his transactions ( SOA / Amortization Schedule)	Once yearly without any charge. Post that Rs. 250 per request.
APAC Reschedulement	1% of outstanding loan amount
Part Foreclosure Charge	NIL for pure Individual Floating Rate home loans. Upto 25% of outstanding with a gap of 6 month without charges, exceeding that 4% of Principal Outstanding for other products
Part Foreclosure Charge
Payment Processing Charge	-
Valuation Charges for Used/RF Vehicles	-
Valuation Charges for Used/RF Vehicles	-
Repossession Charges	-
Credit Adminstration Charges	-
Duplicate Foreclosure Statement Charges	-
NOC for National Permit	-
NOC for State Permit	-
NOC for Change in Body Type	-
Rebooking of Loans (due to change in borrowing structure, change of property / Asset / Collateral etc.)	0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher
Change in Installment Due Date	Rs. 5000/- + broken period interest (if any) Or 0.5% of the Loan Amount + broken period interest (if any) Whichever is less
Change in Property / Asset / Collateral	0.5% of the Loan Amount Outstanding or Rs. 10000/- per event of Property Whichever is higher
Copy of Any Property/Loan Document	-
Asset Verification Charges - Immovable Assets	-
Legal / Incidental Charges*	-
NOC to Convert From Private to Commercial Registration	-
NOC to Convert From Commercial to Private Registration	-
Re-issuance of Pay Order	Rs. 100/- per instance
Non Compliance with Sanction Terms and Conditions	-
End-use Certificate Delays	-
Net Worth Statements Delays	-
*Taxes as applicable
"Blank / -" denotes that these charges are not applicable to the concerned business division

Be ready with following documents while applying home loan

Apart from the application form, you will be required to submit the following documents.

Document
Income proof and banking details	Age proof and address proof
Identity proof and Signature Proof	Proof of educational qualifications

Become an Associate

Builders

Kotak Home Finance is dedicated to understanding your specific needs, and to helping you move your inventory faster than ever before. We will work closely with you for a mutually beneficial relationship.

Distributors or Direct Sales Associates for other Financial Services

If you are currently distributing some other financial Products and would like to benefit from the real estate and Home-Finance boom, then Kotak Mahindra Bank is the place for you.

Real Estate Agents and Brokers

We provide one of the best Home-finance solutions in the industry. The speed is designed to give your business the necessary fillip.

To get in touch with us and find out more about how you can become an Associate, contact us at following branches.

Location	Sub-location	Dept	Full Address (with PIN Code)	Contact Person	Contact No.
Mumbai	Kalina	Home Finance	5th Floor, Vinay Bhavya Complex, 159 A, CST Road, Kalina, Santacruz E, Mumbai - 400098	Kapil Singh	9833223737
Mumbai	Borivali	Home Finance	1st Floor, Soni Shopping Centre, L.T. Road, Borivali (W), MUMBAI - 400092	Aashish Shinde	9920755101
Mumbai	Mulund	Home Finance	105-106, 1st Floor, Vikas Paradise, LBS Marg, Mulund(W), MUMBAI - 400080	Archana Sand	9619867212
Delhi	Delhi	Home Finance	2nd & 3rd Floors, 6, Vaishali Enclave, Pitam Pura, Adjacent to Gulab Sweets, New Delhi - 110088	Harmeet Basant	8447752755
Gurgaon	Gurgaon	Home Finance	JMD Regent Square Mehrauli-Gurgaon Road, Gurgaon - 122002	Rakesh M Kumar	9899035907
Bangalore	Bangalore	Home Finance	3rd Flr, Umiya Landmark, Lavelle Road, Bangalore -560001	Bhudev Nanda	9739002065
Pune	Pune	Home Finance	8th Floor, Sohrab Hall, 21, Sassoon Road, Behind Railway Station, Pune - 411001	Kunal Pradhan	7767802576
Hyderabad	Hyderabad	Home Finance	Jewel Pawani Tower, 2nd Floor, W Block, 6-3-1109/1/P/302,Raj Bhavan Road, Somajiguda, Hyderabad - 500082	Giri Babu	9885522999
Chennai	Chennai	Home Finance	8th Floor, TVH Agnito Park, 141 ,Old Mahabalipuram Road, Kandanchavadi,, Chennai - 600096	Prakash K	9962000400
Coimbatore	Coimbatore	Home Finance	1054/33, Goutham Centre Annexe, 2nd Floor, Avinashi Road, Coimbatore - 641018	Swaminathan Selvan	9176677803
Cochin	Cochin	Home Finance	40, 9702 UA, Kanaka Damodar Building, Veekshnam Road, Off MG Road, Ernakulam - 682035	Ajay Menon	8589054679
Vijaywada	Vijaywada	Home Finance	40-1-48/1, M G Road, Labbipet, Vijaywada - 520010	Prabhu Kumar Addanki	9885332313
Jaipur	Jaipur	Home Finance	Ground Floor, SDC Tower, B 26, Govind Marg, Raja Park, Jaipur - 302004	Madhur Ojha	9672915886
Chandigarh	Chandigarh	Home Finance	SCO 831 NAC Market Manimajra, Chandigarh-160101	Manish Rathore	8558848187
Indore	Indore	Home Finance	5th Floor, Metro Tower, Near Vijay Nagar, Indore (M.P.) - 452010	Rajesh Bhatt	8370019482
Raipur	Raipur	Home Finance	Dhand Compound, Behind Police Head Quarter, Civil Lines, Raipur - 492001	Nikhil Khiyani	9575711118
Nagpur	Nagpur	Home Finance	1st Floor, Plot No.8, WHC Road, Shankar Nagar, Dharampeth, Nagpur - 440010	Pankaj Kale	9881120205
Nasik	Nasik	Home Finance	Payas Thatte Nagar, Near Croma Showroom, College -Gangapur road, Link Road, Nasik - 422005	Anshuman Bakshi	7767006476
Ahmedabad	Ahmedabad	Home Finance	Unit No. 425-426, 4th Floor, Siddhivinayak, Shivaranjani Chaar Raasta, Satellite, Ahmedabad - 380015	Ketan Sheth	9825140410
Surat	Surat	Home Finance	K.G. Point, Ghod Dod Road, Near Ganga Palace, Surat - 395007	Sachin Shaktinandan	9099091235
Rajkot	Rajkot	Home Finance	Upper Ground Floor, Shri Nath Complex, Dr. Yagnik Road, Opp. Jilla Panchayat, Race Course Chowk, Rajkot - 360001	Paras Seladiya	9879584686

Frequently Asked Questions

What kind of security is required?

In most cases, the property itself, bought or intended to be bought, becomes the security till the entire loan is repaid.

In some cases additional security such as life insurance policies or Term Deposit receipts of Kotak Mahindra Bank (if available) can be provided.