Own Your Home in Delhi with Kotak Bank Home Loans

Delhi, a city with diverse cultures, religions, art, and cuisine, offers an exhilarating living experience. Its rapid progress, well-developed infrastructure, and prominence in education, healthcare, and commerce make it an appealing choice for prospective homeowners.

If you aspire to own a home in well-known areas like Lajpat Nagar, Defence Colony, or Rohini, Kotak Home Loan in Delhi provides convenient financing options to make your dream a reality. Benefit from the attractive Home Loan interest rates, starting from 8.75%* p.a. So, apply for a Home Loan in Delhi-NCR today.

Features and Benefits of Availing a Home Loan in Delhi

As a customer of Kotak Mahindra Bank in Delhi, you can enjoy a plethora of advantages when applying for a housing loan, including:

  • Swift disbursal of loans with minimal waiting time.
  • Streamlined documentation process to ensure a hassle-free experience.
  • Flexible home loan tenures of up to 25 years.
  • Transparent transactions with no hidden fees or charges.
  • Online applicants are exempt from processing fees.
  • Convenient doorstep service with courteous professionals.
  • Access to attractive premium insurance choices to protect your home loan.
  • Compliant with the Pradhan Mantri Awas Yojana (PMAY).
  • Lowest Home Loan interest rates ensuring affordable monthly instalments.
  • Versatile loan options for apartments, houses, or construction projects.
  • Invest in Delhi's thriving market for a promising future.

Home Loan Interest Rates in Delhi

Are you searching for a bank providing the best Home Loan interest rate in Delhi? Look no further than Kotak Mahindra Bank, as our Home Loans come with attractive interest rates starting at 8.75%* p.a. So apply today to get the required funding at the best rates to buy your dream home in Delhi.

Loan Type Applicant Type Interest Rate

Home Loan

Salaried Applicants

8.75% to 9.35% (P.A.)

Self-employed Applicants

8.80% - 9.60% (P.A)

Home Loan Balance Transfer

Salaried Applicants

8.75% onwards

Self-employed Applicants

8.80% onwards


*Get in touch with us to stay updated on the latest developments regarding home loan interest rates. You can explore affordable Housing Loan options in Delhi specifically designed to meet your unique requirements by contacting us.

Eligibility Criteria of Home Loans in Delhi

The eligibility to get the best Home Loan rates in Delhi may differ depending on whether you are a salaried or self-employed individual. Here are the essential eligibility requirements to consider before applying for a Home Loan in Delhi:

Criteria Self-employed Applicants Salaried Applicants

Applicants should be between 25-70 years old

Applicants should be between 23-62 years
Credit Score 750+ 750+


Income A steady income for at least five years is required Minimum salary requirement as per age -

Rs. 30,000 per month (23-37 years)
Rs. 40,000 per month (37-45 years)
Rs. 50,000 per month (45-62 years)
Work Experience/ Continuity 5 years in the current field 3 years

Documents Required for Getting Home Loans in Delhi

Besides minimum credit score for home loan, preparing your documents before applying is essential to get the lowest Home Loan interest rates in Delhi. Following are home loan required documents list:

Age Proof: You can submit any of the following documents as proof of your age:

  • Passport
  • Driving License
  • PAN Card
  • Birth Certificate

Address Proof: To establish your residential address, you can provide documents such as:

  • Aadhaar Card
  • Utility Bill
  • Voter ID
  • Driving License
  • Passport

Identification Proof: You need to provide identification proof, which can be any of the following documents:

  • Aadhaar Card
  • PAN Card
  • Voter ID
  • Driving License
  • Passport

Income Proof: Salaried professionals can submit bank account statements for the last six months. For self-employed individuals, you may need to provide the previous three years' balance sheet and profit & loss account certified/audited by a Chartered Accountant besides the last three years’ income tax returns (ITR) with computation of income.

Note: The documentation requirement may vary depending on the Home Loan finance company in Delhi. It is advisable to consult your chosen lender for the most accurate and up-to-date information regarding the documents needed for a Home Loan application in Delhi.

How to Apply for the Lowest Home Loan Online in Delhi?

Securing a Home Loan is easier with Kotak Mahindra Bank – one of the best Home Loan providers in Delhi. Here's how to apply:

  • Visit the Home Loan section on Kotak Mahindra Bank’s website and click 'Apply Now'.
  • Provide your personal and occupational details and the necessary property information. Specify the desired loan amount.
  • Your application will be assessed based on the Home Loan eligibility criteria.
  • If your application meets the criteria, a loan expert will visit the site to evaluate the property and generate an e-sanction letter.
  • Once your loan is approved, the funds will get transferred directly to your account.

So, check your eligibility, keep your documents ready and apply for a Kotak Home Loan online.

Frequently Asked Questions

How can I avail home loan in Delhi?

Kotak Mahindra Bank makes applying for a Home Loan in Delhi incredibly convenient. Simply visit their home loan section online, click 'Apply Now,' and follow the instructions. Once approved, the funds will be directly transferred to your account, allowing you to purchase your dream house in Delhi without hassle.

Can I get a home loan in Delhi if I have a low credit score?

Banks typically require a minimum credit score of 700-750 to approve a Home Loan. If you have a low credit score, you can still get a Home Loan by providing proof of your income and proving your repayment capacity. However, the loan terms may be strict, including a higher interest rate and shorter repayment tenure.

Are there flats available in Delhi on EMI (Equated Monthly Instalment)?

Yes, you can buy a flat in Delhi on Equated Monthly Instalment (EMI) basis. Many developers and real estate companies in association with lending institutions offer the option to purchase flats or apartments through EMI schemes.

What is the cost of the loan processing fee in Delhi?

The processing fee for a Home Loan typically varies from bank to bank and is usually a small percentage of the total loan amount. The fee can range from 0.5% to 2.50% of the loan amount.

Can I negotiate the home loan interest rate with the lender in Delhi?

Yes, it is possible to negotiate loan rates and other fees with banks and lending institutions. When you meet the eligibility criteria of a bank, including a good credit score and higher income, you can negotiate a better rate.

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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.