Kotak Mahindra Bank Home Loan
Kotak Mahindra Home Loan with a narrow rate band (8.70% floor) and doorstep documentation service.
At 7.7%, Kotak Mahindra Bank has one of the lowest starting rates of the 20 lenders we track for home loans.
Documents required
- PAN Card
- Aadhaar Card
- Income proof
- Property documents
- Agreement to sell
- Builder NOC
As published by Kotak Mahindra Bank. Your branch may ask for more.
Best for: Borrowers who want to apply online rather than at a branch.
Eligibility
The upper age limit is set so the loan closes by retirement.
Loan terms
- Tight rate band (8.70% floor)
- Doorstep documentation
- Balance-transfer with top-up
Fees & charges
Tax: principal up to ₹1.5L under 80C and interest up to ₹2L under 24(b) per year for a self-occupied home (subject to conditions). Confirm with a tax adviser.
FAQ
Most home loans are floating (EBLR/repo-linked). Floating-rate loans to individuals carry no foreclosure charge, so you can prepay freely — usually the better choice unless you specifically need rate certainty.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.
More from Kotak Mahindra Bank
- New Car LoanRate7.35 – 14%Feeup to 2.5%Max tenure7 yr
- Gold LoanRate9 – 20%FeeVariesMax tenure3 yr
- Loan Against PropertyRate9.35 – 10.5%FeeVariesMax tenure20 yr