Kotak offers home loan at 6.75% which is quite an attractive deal when compared to other NBFCs and banks. In addition to home loan, Kotak also offers balance transfer and top-up loan. You can avail home loan transfer if you want to reduce your interest rate and lower your payments or to reduce your home loan term to pay off your loan faster or to use the equity in your house to get money for any of your needs. You can take a top-up over the existing loan to get the much needed cash to fulfill your needs.
Home Loan Eligibility depends on following factors.
- Monthly or annual income
- Source of Income
- Savings and credit history
- Work Experience
- Number of dependents
- Probability of individual continuing in same occupation
- Income proof and banking details
- Age proof and address proof
- Identity proof and Signature Proof
- Proof of educational qualifications
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