Home Loan

Home loan sanction in 4 hours* for Salaried customers from Kotak Mahindra Bank

Features

• Faster loan processing – in just 4 hours*
• Applicable to salaried customers only
• A hassle-free process, no hidden charges
• Zero processing fee home loans for customers applying here (apply now)

Eligibility criteria

The eligibility of a customer depends on various parameters, such as:

• Age of the applicant
• Monthly income
• Other sources of income such as rent and agri-income
• Qualification of the borrower
• Work experience
• Credit scores
• Any existing financial obligations

Documentation

• The application form should be signed by the applicant (and co-applicant if any) with photographs
• Salary slips (latest three months)
• Latest Form 16 / ITR
• KYC documents (ID and address proof)
  • Valid ID proof : Any one of PAN Card, Aadhaar Card, passport, driving license, voter  ID card; any other official valid documents as listed by RBI
  • Address Proof : Any one of Aadhaar Card, passport, driving license, voter ID card; any other official valid documents as listed by RBI
• Six months bank statement of the salaried account

Terms and conditions

* In order to receive a sanction letter, customers have to provide all necessary documents (hardcopies) to their relationship managers

* To receive the sanction letter on the same day, all documents should be provided before 3 PM on a working day.

Home Loan Eligibility depends on following factors.

• Monthly or annual income
• Source of Income
• Savings and credit history
• Qualification
• Work Experience
• Age
• Number of dependents
• Probability of individual continuing in same occupation
   

Check your Eligibility with Kotak Mahindra Bank in 1 minute using Home Loan Eligibility Calculator.

Home Loan Eligibility Calculator

Also check your EMI at Home Loan EMI calculator

Loans can be applied by individuals, either solely or jointly. Owners of the current property, in respect of which the loan is being sought, will have to be co-applicants. However, the co-applicants need not be co-owners of the Property.

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.