65 Lakh Home Loan Kotak

Kotak Mahindra Bank offers a home loan of Rs. 65 lakhs at an affordable interest rate linked to RBI's repo rate. With minimal documentation requirements and a 50% discount on processing fees for digital applications, Kotak's 65 Lakh home loan is easy to apply for and can be availed for a tenure of up to 25 years. Additionally, the loan is eligible for PMAY subsidy, which makes it even more attractive for first-time homebuyers. The bank also provides an 80% loan-to-value ratio, which means that you can get a significant amount of financing for your dream home.

65 Lakh Home Loan Kotak – Highlights 

65 Lakh home loan emi for 10 years Kotak

For a Home Loan, you can calculate the exact EMI using the  65 Lakh loan emi calculator of Kotak. Here are some general projections of EMI for a 65 Lakh home loan from the Kotak.

65 Lakh home loan emi for 10 years Kotak at 8.70%.

65 Lakh home loan emi for 20 years Kotak 

65 Lakh home loan emi for 20 years Kotak at 8.70%.

65 Lakh Kotak home loan – Fees and Charges 

65 Lakh Kotak home loan – Documents Required 

Salaried Individuals

• 6 months Bank statement/passbook copy & salary/active international account. 
• Age proof (any one)- Passport/Driving license/School leaving certificate/Birth certificate/Voters ID/PAN card
• Last 3 month’s salary slips
• Form 16 of the latest 1 assessment year
• Latest 3 years income tax returns, personal and business, along with computation of income.
• Professional experience
• Repayment track record (RTR)/Proof wherever Applicable
• All Property documents

Self Employed Professionals

• 6 months Bank statement/passbook copy & salary/active international account. 
• Age proof (any one)- Passport/Driving license/School leaving certificate/Birth certificate/Voters ID/PAN card
• Form 16 of the latest 1 assessment year
• Latest 3 years income tax returns, personal and business, along with computation of income.
• Latest 3 years’ profit and loss accounts and balance sheet with schedules duly certified by a chartered accountant.
• Professional experience / Business or Partnership existence proof
• Repayment track record (RTR)/Proof wherever Applicable
• All Property documents
• Degree certificate

Self-employed Non-professional/HUF/LLP/Partnership Firm

• 6 months Bank statement/passbook copy & salary/active international account. 
• Age proof (any one)- Passport/Driving license/School leaving certificate/Birth certificate/Voters ID/PAN card
• Form 16 of the latest 1 assessment year
• Latest 3 years income tax returns, personal and business, along with computation of income.
• Latest 3 years’ profit and loss accounts and balance sheet with schedules duly certified by a chartered accountant.
• Professional experience / Business or Partnership existence proof
• Repayment track record (RTR)
• All Property documents
• Registration Proof with Tax authorities.

NRI

• 6 months Bank statement/passbook copy & salary/active international account. 
• Passport
• Professional experience / Business or Partnership existence proof
• Repayment track record (RTR)
• All Property documents

65 Lakh Kotak home loan – Eligibility Criteria 

The criteria for 65 Lakh home loan eligibility in Kotak are strictly set for each applicant category.

Home Loan Eligibility Criteria for an Individual

Age

• Salaried persons: 18-60 years.
• Self-employed persons: 18-65 years.

Income

• Minimum Income of Rs. 20,000 per month: Delhi, Mumbai, Bangalore, Pune, and Chennai residents.
• Minimum Income of Rs. 15,000 per month: Other cities.

Minimum Qualifications

Bachelor’s Degree: If the applicant works with a private limited company or a partnership firm.

Home Loan Eligibility Criteria for a Partnership Firm/ LLP/ Indian Company

1. The firm/organisation should have existed for at least three years.
2. Net Income

• 2,40,000 per annum for companies/firms/LLPs in Delhi, Mumbai, Bangalore, Pune, and Chennai.
• 1,80,000 per annum for companies/firms/LLPs in other cities.

Home Loan Eligibility Criteria for a Hindu Undivided Family (HUF)

1. The applicant or the co-applicant must be the Karta of the HUF.
2. The HUF should have been in existence for a minimum of three years.
3. IT returns of at least three years.
4. HUF with a Minimum Net Income of:

• 2,40,000 per annum – Delhi, Mumbai, Bangalore, Pune, and Chennai.
• 1,80,000 per annum – Other cities.