Hyderabad has been the seat of numerous dynasties, and till date, she effortlessly enthralls every visitor with her splendour. Popularly known as the city of Nizams, Hyderabad is a potpourri of many exciting things. The city is a treat for those who admire history, cultures, architecture, pearls and the finest biryani one could find across the world. Ideally located, the city has emerged as a cosmopolitan hub with the influx of multi-lingual professionals.
With business-friendly and pro-growth policies laid by the state government, the city is experiencing a rise in commercial as well as residential spaces alike. Housing experts are forecasting that with Hyderabad becoming a natural eco-system for the aerospace and defence electronics, IT, life sciences and biotech companies, the city is sure to generate lucrative opportunities for professionals further leading to a realty boom.
Though the city seems to be a promising destination to migrate for better career opportunities and standard of living, finding the job of your choice and a home you would like, can be challenging. It is important to be financially stable and have funds in the back-up when you plan to migrate. While you plan to own a home in Hyderabad, the price of a flat is not the only expense you will have to bear. You should also consider other factors like travel, food, medical facilities, educational institutes, utility bills, etc.
Given the scenario, applying for a home loan in Hyderabad can help you save a substantial amount from your savings which you would have to pull out if paid outright. A home loan leads you in owning an asset that yields appreciation year-on-year as well as tax benefits.
At Kotak Mahindra Bank, we offer you bespoke solutions for your financial needs, one of them being the housing loan. To ensure that your home-buying experience in Hyderabad is a memorable one, we offer you highly customizable services. Our home loans come with attractive interest rates and a tenure of up to 20 years for salaried and up to 15 years for self-employed.
We do understand about your busy schedule and hence provide you doorstep service, where our home loan executive will visit you to explain the entire application process, and to help you understand the entire housing loan eligibility
criteria and formalities.
Also, be rest assured that at Kotak Mahindra Bank, you can get an in principle approval of your home loan in 24 hours* by using your Income Tax login credentials. As our valued customer you are entitled to other benefits:
- Convenient Loan Disbursal Process
- Simplified Documentation
- Insurance Options to cover your Home loan at an attractive premium
- Quick Turnaround time
- A hassle-free process, no hidden charges
- Zero processing fees on home loans for customers applying on website
Check your housing loan eligibility to apply for a home loan in Hyderabad.
You can also use the home loan emi calculator to calculate your monthly instalments.