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Own Your Home in Surat with Kotak Home Loans

With the ever-evolving urban landscape of Surat, any good home loan consultant in Surat will suggest that it’s a terrific city to invest in. If you want to invest in a home and require some financial assistance, look no further than Kotak Mahindra Bank’s Home Loans, a go-to option for many. Secure your dream home and redefine your living experience in this vibrant city.

Features & Benefits of Availing Home Loan in Surat

  1. Holistic Home Financing: With Kotak's housing finance in Surat, you can cover a wide range of housing requirements seamlessly.
  2. Competitive Interest Rates: For competitive home loan interest rates in Surat, look no further than Kotak Bank.
  3. User-Friendly EMI Calculator: Our easy-to-use home loan calculator aids you in planning your repayments efficiently.
  4. Balance Transfer Facility: Switch your existing house loan to Kotak for better interest rates and services.
  5. Digital Discounts: Get 50% off on home loan processing fees with a digital application.
  6. Tailored Solutions: Home loan offerings customised to your unique needs.
  7. Transparent Policies: No hidden charges, no last-minute surprises. Only transparency.
  8. Dedicated Support: Always there, always ready to help. Kotak's unparalleled customer service for any home loan-related query.
  9. Flexible Tenure: Catering to individual financial capacities with adaptable loan durations.
  10. Quick Processing: Minimal paperwork, maximum speed. Get your loan approval followed up with an in-principle sanction letter in less than 10 minutes.

Check Home Loan Eligibility Criteria in Surat

Before you apply home loan in Surat, check out these eligibility criteria. These factors differ based on your income source, type of occupation, credit score and other aspects. The table below explains the eligibility for salaried and self-employed applicants:

Criteria Self-employed Applicants Salaried Applicants


Applicants should be between 18-65 years old

Applicants should be between 18 and 60 years old





Minimum Income of Rs 20,000 per month for residents of Delhi, Mumbai, Bangalore, Pune, and Chennai.

Minimum Income of Rs. 15,000 per month for the residents of other cities.

Minimum Income of Rs 20,000 per month for Delhi, Mumbai, Bangalore, Pune, and Chennai residents.

Minimum Income of Rs 15,000 per month for the residents of other cities.

Work Experience/ Continuity

A minimum 3 years in business, practice or profession.

2 years of work experience and at least 6 months in the current organisation.

Check Your Eligibility Now

List of Documents Needed for Home Loan in Surat

For a home loan in Surat, you need to furnish several documents associated to the property, the applicant’s finances, occupancy, identity, and residential address. These include:

  • Proof of Identity (PAN/ Aadhaar/ Driving licence/ Voter ID)
  • Address Proof (Driving License/ Aadhaar/ Voter ID/ Passport)
  • Income Proof
  • Bank Statements
  • Proof of Age (PAN/ Aadhaar/ Driving licence/ Voter ID/ Passport)
  • Signature Proof (PAN/ Passport)
  • Last 3 Years’ Income Tax Returns (ITR)
  • Last 3 years’ balance sheet and profit and loss account certified/ audited by a C.A. (Only in case of self employed customers)
  • All Property Documents

How to Apply for a Home Loan In Surat?

Get your home loans approved in Surat by following these straightforward steps:

  • Kick off your application by visiting Kotak Bank's official website.
  • Just a few basic details to register, and you're good to go.
  • Unsure about your monthly outgoings? The Home Loan calculator will be your guide.
  • Match the eligibility criteria? Use the eligibility calculator and find out!
  • Once your loan is approved, your sanction letter will get to you in under 10 minutes.
  • Once you're on board with the terms, the funds will be disbursed.

Home Loan Interest Rates in Surat

Housing opportunities in Surat are now a reality with our transparent home loan interest rate structure! Curious about the specifics? Swing by the nearest Kotak branch, and our team will brief you about our competitive offerings, tailor-made for Surat's residents. Don’t have time? Click here and see the latest rates available. *T&C apply

Ready to take the next step?

Have specific doubts? Talk to our Home Loan Advisor

FAQs for Home Loan in Surat

What are the tax benefits available for home loans in Surat?

Home loan borrowers can claim tax deductions on both the principal amount and the interest paid, as per section 24B of the IT Act provisions. An Individual can claim tax deductions under section 80C on both the principal (up to 1.5 Lakhs) and the interest amount paid (up to 2 Lakhs).

What are the processing fees and other charges associated with a home loan in Surat?

Processing fees vary, but they're generally a percentage of the loan amount, up to to 1%. What’s more, there’s a 50% discount on this if you apply for a Kotak Mahindra Home Loan online.

Can I get a home loan in Surat if I am self-employed?

Absolutely! Kotak Bank offers home loans to both salaried and self-employed individuals, with a slightly varied documentation process.

Are there any prepayment charges for repaying the home loan early in Surat?

Charges can vary, but generally, for floating-rate loans, there aren't any prepayment penalties.

Can I change home loan duration in Surat?

Yes, you can discuss tenure revision with your Kotak Bank relationship managers, but it's subject to certain conditions and approval.

Can I get a top-up loan on my existing home loan in Surat?

Yes, Kotak Bank offers top-up loans for existing customers, providing an added financial cushion for any further requirements.

How long does it take for a home loan to get approved in Surat?

Once all required documents are submitted, and the initial checks are done, the loan approval process can be surprisingly quick.

Why is Kotak the most preferred Home Loan lender in Surat?

Kotak Mahindra Bank is the top choice for Home Loans in Surat due to our competitive interest rates, hassle-free application process, and swift loan approval. Our commitment to serving the financial needs of the people of Surat has made us a trusted name.

Branch Address:

Kotak Mahindra Bank Ltd-Assets 1st Floor, International Business Centre, Piplod, Gaurav Path road, Dumas Road,Surat, 395007


*Terms & Conditions Apply: The final home loan interest rate and other associated charges are subject to a rigorous assessment process, including an evaluation of the applicant's creditworthiness, CIBIL score, property value, and other relevant factors.


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Disclaimer (Things you should know):

For loans: Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets.