Buying a House is More Than Owning an Asset | Kotak Mahindra Bank - Home Loan Stories

29 NOVEMBER, 2021

People in India have a deep emotional attachment to their house. It could be just a concrete structure for outsiders, but for the dwellers, it is a part of their history. Therefore, it is not uncommon for people to say that their house is not just an asset for them. But why is it so? Why is buying a home much more than owning an asset? Let us look at some reasons.

  • A matter of pride

Your house is not only a four-walled structure that shelters you. It helps you become a more confident version of yourself. Buying your home instills a feeling of confidence and boosts your self-esteem. In India, it is a moment of pride, status symbol and joy to own a house.

  • A result of hard work

It takes months and sometimes years for your house to transform from a design to an actual structure. A lot of hard work, creativity, design and planning are required in building your home. This could be a different roller coaster ride if you plan to buy a ready-made house. Deciding on the location, arranging the finance, and finally moving into the house needs meticulous planning and foresight. When you take a home loan to buy a house, you need to carefully analyze your options, and opt for a tenure that helps you pay for your house comfortably.

  • An album of memories

When you live in a house for a long time, you create many memories in that space. It could be the place where you started your family or achieved life’s milestones. Moreover, you also pass on your house to the next generation. It is more your blessing than an asset that they inherit. Your home is the place you want to come back to after a long day. It is also the first place you miss when you have been out for a long time.

Why Should You Opt for a Kotak Mahindra Bank Home Loan?

  • Quick approval and disbursal

With us, you need not face any hassle in getting loan approval. Once you fulfill the home loan eligibility, you can fill the application form and get approval instantly. With our swift disbursal system, you can get the loan amount in your bank account within a few hours.

  • Doorstep facility

While you have started planning to buy your dream home, you would have a hundred things to plan and decide. We understand the value of your time and assure you that you need not visit us multiple times to get your housing loan. Our representative will come to your door to explain the process and help you submit all the documents required for home loan. They will also assist you in completing the loan formalities. Moreover, you can also apply for home loans online from the comfort of your house.

Your house is much more than an asset, and we know how important it is for you to buy your dream home. Once you finalize the property, you are just a few steps away from making it your ‘home sweet home'. You can fulfill your dream sooner than you could imagine. So, apply for home loan today with us at Kotak Mahindra Bank.

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Disclaimer: This Article is for information purpose only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank make no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.