10 Lakh Home Loan Kotak Bank

Kotak Home Loan, offered by Kotak Mahindra Bank, aids in purchasing a home with minimal documentation, flexible tenure (5 to 30 years), and options for fixed or floating interest rates. For a Kotak Home Loan of 10 Lakh at a floating rate of 8.70% p.a. over 20 years, the EMI stands at Rs. 8,823. Additional benefits include balance transfers, top-up loans, part prepayments, and varied repayment modes like ECS or online transfers. Applicants can track their loan status and repayment history via the bank's online portal or mobile app.

Kotak Bank Home Loan of 10 Lakhs – Highlights

Here is a quick snapshot of the basic highlights for the Kotak Home Loan of 10 Lakhs

Kotak Home Loan of 10 Lakhs EMI for 10 Years

here’s a table summarising the EMI breakup for a Kotak Home Loan of 10 Lakhs over 10 years at an interest rate of 8.70%:

Kotak Home Loan of 10 Lakhs EMI for 20 Years

here’s a table summarising the EMI breakup for a Kotak Home Loan of 10 Lakhs over 20 years at an interest rate of 8.70%:

Kotak Home Loan of 10 Lakhs – Fees and Charges

Customers applying for the Kotak Home Loan of 10 Lakhs must also know the following fees and charges. 

Kotak Home Loan of 10 Lakhs – Documents Required 

Here are the documents required for a Kotak home loan of 25 Lakhs. For documentation, provide proof of identity (Passport, PAN Card, Voter ID, or Driving License) and residence (Utility Bill, Leave and License Agreement, or Passport). Income proof requires bank statements, salary slips, and Form-16, including signature and educational qualification proofs.

Kotak Home Loan of 10 Lakhs – Eligibility Criteria

Customers applying for a 10 Lakh Kotak Home Loan must adhere to the following eligibility parameters.