Kotak Mahindra Bank Home Loan Balance Transfer

Home Home Loan Balance Transfer Kotak Mahindra Bank Home Loan Balance Transfer

About Kotak Mahindra Bank

Kotak Mahindra Bank is India's one the leading private sector bank. The bank offers an extensive range of financial products and services. The bank has a chain of a business subsidiary that includes Kotak Securities Ltd., Kotak Mahindra General Insurance Company Ltd., Kotak Mahindra Capital Company, Kotak Mahindra Prime Ltd, Kotak International Business, etc. 

About Kotak Mahindra Bank Home Loan Balance Transfer

About Kotak Mahindra Bank Home Loan Balance Transfer

Kotak Mahindra Bank offers Home Loan Balance Transfer at a competitive rate of interest. If you are paying high interest on your home loan then you can transfer the outstanding loan amount to Kotak Mahindra Bank.

Features and Benefits of Kotak Mahindra Bank HLBT

  • Kotak Mahindra Bank offers Home Loan Balance Transfer at low rate of interest starting at 60%. A low rate of interest can help you save the cost of interest.
  • All the future payments of EMI will be made to Kotak Mahindra Bank after the Home Loan transfer.
  • Top up facility can also be availed on the current loan and fulfil your immediate cash requirements.
  • The overall process of obtaining a home loan is simplified with Kotak Mahindra Bank. The bank facilitates the EMI customisation that helps you to pay EMI conveniently.
  • With Kotak Mahindra Bank you can customise the loan tenure.
  • Kotak Mahindra Bank charges a minimal processing fee that ranges from 0.25% to 0.50% of the loan amount.

Apply for a HLBT

 

Eligibility Criteria for Kotak Mahindra Bank HLBT

Factors affecting Kotak Mahindra Bank HLBT are mentioned below:

  • Monthly or annual income of the applicant
  • Source of income
  • Age (early 20s or 30s) and qualification of the applicant
  • Number of dependents
  • Relevant number of work experience
  • Credit history and credit score

Documents Required for Kotak Mahindra Bank HLBT

Along with the foreclosure letter of a home loan from the existing bank and filled application form, the other documents required for HLBT is mentioned below:

Type of Document 
Income Proof (Anyone)
  • Salary slips
  • Form 16
  • Income Tax Return
  • Audit reports certified by CA
  • Latest Bank Statements
Age Proof (Anyone)
  • Aadhar Card
  • PAN Card
  • Valid Passport
  • Birth Certificate
  • Voter's ID Card
Identity Proof (Anyone)
  • Aadhar Card
  • PAN Card
  • Valid Passport
  • Birth Certificate
  • Voter's ID Card
Residence Proof (Anyone)
  • Rent Agreement
  • Ration Card
  • Latest Utility Bill

  • Interest Rate 8.40% - %
  • Loan Amount 20L - 50Cr
  • Processing Fee 0.25% - 0.5%
  • Tenure25 Years

  • Quick Apply

BEST HOME LOAN BALANCE TRANSFER OFFERS FROM OTHER BANKS

EMI CALCULATOR

EMI Calculator

EMI Calculator

Loan EMI

Total Interest Payable

Total of Payments
(Principal + Interest)