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Home Loan in Pune by Kotak Mahindra Bank

Own Your Home in Pune with Kotak Home Loans

With its robust IT and manufacturing sectors, Pune has emerged as a hub for commerce in the country. Moreover, the picture perfect city’s landscape is also home to prestigious educational establishments that have attracted students nationwide. The vibrant city's tranquillity and abundant greenery further enhance the appeal of residential properties.

To help you buy a new home without burdening your budget, Kotak Mahindra Bank offers minimal documentation with affordable interest rates, flexible repayment terms, quicker processing, and faster disbursal in Pune.

Features and Benefits of Availing a Home Loan in Pune

Move closer to your dream home and avail Kotak Mahindra Bank’s best Home Loan rates in Pune. Here are some more features and benefits of a housing loan you can take advantage of:

Competitive Interest Rates: Benefit from some of the industry's most attractive interest rates, ensuring cost-effective financing for your dream home
Streamlined Application: Experience a simplified application process, reducing paperwork and making it more accessible for you
Minimal Documentation: We've cut down on paperwork, requiring only essential documents, making the application process smoother
Tailored Loan Solutions: Our loans are adaptable to your unique financial situation, giving you the flexibility you need
Easy-to-use Loan Tools: Utilise our advanced Home Loan Calculator to make the right financial decisions and plan effectively
Seamless Processing: We prioritise speed; expect your loan to be processed quickly, so you can get closer to owning your home
Instant Sanction Letter: Receive your home loan sanction letter within an astonishing 10 minutes of completing your application.
Flexible Repayment Options: Choose a repayment term that suits your financial goals and lifestyle
Dedicated Relationship Managers: Our skilled experts are available to provide you with personalised assistance and guidance throughout your journey

Low Home Loan Interest Rates In Pune

Looking to buy a home in Pune with the lowest home loan interest rates in Pune? Kotak Mahindra Bank offers an irresistible Home Loan interest rate.

Customer Type	Effective Rate Of Interest
Floating Category (Repo Rate: 6.50%)
For Salaried	8.65% onwards
For Self-employed	8.65% onwards

*Get in touch with us to explore the wide range of cheapest Home Loans in Pune tailored to your needs.

Check Eligibility Criteria of Home Loans in Pune

Discover your home loan eligibility in just a few moments using our convenient eligibility calculator. The basic criteria for a Home Loan finance company depends on internal assessment of an application: salaried individual or self-employed with a CIBIL score,+, monthly Income, credit history, fixed monthly financial obligations etc.

Criteria	Self-employed Applicants	Salaried Applicants
Age	Applicants should be between 18-65 years old	Applicants should be between 18 and 60 years old
Citizenship	Indian	Indian
Income	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.

Documents Required for Getting Home Loans in Pune

For a home loan in Pune, you need to provide various documents related to the property, finances, occupancy, identity, and address. These documents include

Proof of Identity (PAN/ Aadhar/ Driving licence/ Voter ID)
Address Proof (Driving License/ Aadhar/ Voter ID/ Passport)
Income Proof
Bank Statements
Proof of Age (PAN/ Aadhar/ Driving licence/ Voter ID/ Passport)
Educational Qualification Proof
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. (In case of self-employed customers)
All Property Documents

*In certain cases, additional documents may be required.

How to Apply for the Lowest Home Loan in Pune?

Applying for a Home Loan service in Pune has never easier. You just have to visit the Home Loan section on the Kotak Mahindra Bank website and follow a simple process.

Visit Kotak Mahindra Bank’s official website
Enter your age and mobile number to log in
Go to the loan application section
Fill out your basic financial details on the application form to check your eligibility

After submitting the basic details, our Home Loan Specialist will reach out to begin processing your application

Ready to take the next step?

Apply now

Have specific doubts? Talk to our Home Loan Advisor

Make an appointment