Kotak Mahindra Bank Home Loan

Looking for 50 Lakh Home Loan? Check Interest rates, Eligibility, EMI & Apply Now !

• Kotak Mahindra offers home loans up to Rs. 40 Crores.
• Kotak Mahindra Home Loan interest rates start from 7.99% per annum.
• The bank assures minimal documentation and hassle-free loan processing with online application process and in-principle sanction letter.
• For existing customers switching from an Adjustable Interest Rate to a Fixed Rate, the home loan interest rates start from 12% p.a. onwards.
• Kotak Mahindra also offers pre-approved loame loans, home loan balance transfer, top up on home loan, and home loan overdraft facilities.
• The bank charges a minimal processing fee of up to 2% of loan amount plus taxes and any other applicable statutory dues. Women applicants have to pay a flat processing fee of Rs. 5,000.
• No foreclosure or prepayment charges for floating interest rate based home loans.
• Option to apply for Kotak Mahindra home loan top up after successful repayment of 12 EMIs.

Note: Kotak Mahindra Bank is powered by https://www.kotak.com/ and the information mentioned here is provided by Kotak Mahindra.

The current Kotak Mahindra bank home loan interest rates are mentioned below:

*Home Loan interest rates are linked to Repo Rate, which is currently 5.50% 

*Terms & conditions applicable as per lender’s credit policy

Check Best Home Loan Interest Rates starting @7.35% from different banks and NBFCs

Below is the comparison of Kotak Mahindra home loan interest rates with home loan interest rates of other lenders to help you choose the best home loan interest rates:

Additional Info: Also Check Best Banks for Home Loan in India in 2025

Kotak Home Improvement Loan

• Individuals, as well as joint owners, can apply for a house renovation loan
• Loan for home improvement, including & not limited to renovation, extension, and repairs.
• Tenure up to 25 years or retirement age, whichever is earlier.
• Processing fee ranges from 0.25% to 2% of the loan amount. 
• No prepayment charges are levied.

Kotak Home Loan Balance Transfer

• Kotak Mahindra Bank home loan balance transfer reduces the existing interest rate and subsequent EMIs.
• Can be availed with a home loan top-up.
• Easy approval.

NRI Home Loan

• Housing loan scheme for NRIs for the purchase or construction of a residential property in India.
• Maximum tenure of 15 years.
• The maximum LTV limit is up to 80% for NRI Home Loan and up to 60% LTV for Commercial Property NRI Loans.

Additional Info: Looking for How to Pre-close your HDFC Home Loan in India? Check EMI & Apply.

Following are the Kotak Mahindra Bank home loan eligibility criteria for different applicants:

Home loan eligibility criteria for individuals:

• Age: 18 to 60 years for salaried and 18 to 65 years for self-employed 
• Minimum gross monthly income: Rs. 20,000 for Indian residents of Delhi, Mumbai, Bangalore, Pune, Hyderabad & Chennai and Rs. 15,000 for residents of other cities
• Minimum qualification: Bachelor’s degree for Private Limited Company/ Partnership Firm employees & no minimum qualification required for other employees

Home loan eligibility criteria for a Partnership Firm/ LLP/ Indian Company

• The firm/ organisation should have a minimum of 3 years of existence.
• The minimum net income for companies/ firms/ LLPs in Delhi, Mumbai, Bangalore, Pune, Hyderabad and Chennai should be Rs. 2,40,000 p.a.
• The minimum net income for companies/ firms/ LLPs in other cities should be Rs. 1,80,000 p.a.

Home loan eligibility criteria for a Hindu Undivided Family

• The applicant/ co-applicant must be the Karta of the HUF
• The HUF should have a minimum of 3 years of existence
• The HUF should provide their income tax returns for a minimum of 3 years
• The minimum net income should be Rs. 2,40,000 p.a. for the HUFs in Delhi, Mumbai, Bangalore, Pune, Hyderabad & Chennai
• The minimum net income should be Rs. 1,80,000 p.a. for the HUFs in other cities

Following is the list of home loan documents required to apply for the Kotak Mahindra Bank housing loan:

Documents Required for Indian Resident Salaried Individuals, Self-employed Professionals & Self-employed Non-professional/ Company/ HUF/ Partnership Firm/ LLP (Individual or Joint)

• Bank statements: Last 6 months bank statements from domestic (FCNR/NRNR) & salary/active international account. Last 12 months bank statement for SENP
• Age proof: Passport, Driving license, school leaving certificate, birth certificate, voter’s identity card, PAN card (any one)
• Income proof: Last 3 months' salary slips & Form 16 of the latest 1 assessment year (for salaried), latest 3 years income tax returns (personal & business) along with computation of income & latest 3 years profit & loss accounts & balance sheet with schedules (duly certified by a CA) for others
• Business/ service/ profession proof: Professional experience/ business or partnership existence proof
• Repayment proof: Repayment track record proof (wherever applicable)
• Property proof: All property documents
• Other proof: Degree certificate for self-employed professionals & registration proof with tax authorities as applicable to the type of business for others (except salaried)

Documents Required for Non-Resident Indians (Individual or Joint)

• Bank statements: Last 6 months bank statements from domestic (FCNR/NRNR) & salary/active international account. Last 12 months bank statement for SENP
• Age proof: Passport
• Business/ service/ profession proof: Professional experience/ business or partnership existence proof
• Repayment proof: Repayment track record proof (wherever applicable)
• Property proof: All property documents

You can also Check Pan Numbers for Home Loan of All Banks Online

You can use our home loan EMI calculator to calculate your Kotak Mahindra Bank home loan EMI. All you need to do is: 

• Input basic loan details such as loan amount, tenure, and the Kotak Mahindra Bank home loan interest rate today. 
• As you tap on the calculate button, you get an EMI estimate along with an amortisation schedule for your home loan.

Also check 15 Lakh Home Loan EMI Interest Rate 2025

You can conveniently check your Kotak Mahindra Home Loan application status by clicking on the following link: Check your application status

Steps:

• Click on the link.
• Fill following details:
  • Product: Home Loan
  • Identifier: Application Form Number/ Prospect Number/ Lead Number/ CRN/ Mobile Number/ PAN & DOB/ First Name & DOB/ Second Name & DOB
• Choose any one of the identifiers and share it in the next column.

Press submit to track the Kotak Mahindra home loan application status.

You can reach out to Kotak Mahindra Bank home loan customer care by call, email or visiting the branch. The Kotak Home Loan customer care centre can be contacted any time between 9 am to 6 pm from Mondays to Saturdays, except holidays.

Kotak Home Loan toll-free numbers are:

• 1860-266-2666
• 1860-266-0811 (811 related queries)

To call from overseas, use 24X7 customer service.

Abroad helpline number: +91 22 6204 2001 (chargeable)

Toll-free NRI Helpline Numbers - country-wise

Alternatively, you can visit your nearest Kotak Mahindra Bank branch for any queries. You can also write to them via Kotak Mahindra bank website, and they will get back to you on the matter.

You can also check multiple Home Loan Customer Care Number Online