Loan Amount

Kotak Mahindra Bank offers a range of home loan schemes catering to diverse needs, providing loan amounts of up to Rs. 10 Crores, thus accommodating individuals from various segments of society.
Interest Rate

Kotak Mahindra Bank Home Loan ensures affordability with competitive interest rates starting from 8.7%, thereby making EMIs manageable for all.
Prepayment/Foreclosure Charges

Kotak Mahindra Bank Home Loan allows prepayment or foreclosure without incurring any additional charges.
Processing Fees

The processing fee for Kotak Mahindra Bank Home Loan begins at 0.5%, depending on eligibility and the chosen home loan.
Application Process

Applying for an Kotak Mahindra Bank Home Loan is convenient, whether through a visit to the nearest branch or via online application from the comfort of one's home.
Flexible Tenure

Kotak Mahindra Bank Home Loan offers a maximum repayment tenure of up to 30 years with flexibility to choose a tenure according to repayment capability.
Balance Transfer Facility

Kotak Mahindra Bank allows its customers to transfer their existing home loan to another bank or NBFC without any prepayment charges, enabling customers to access better rates and benefits.
Minimum Documentation

Kotak Mahindra Bank simplifies the home loan process and expedites disbursal by requiring minimal documentation from customers.

Home Loan EMI Calculator

₹ Loan Amount

Loan Tenure error

5 yrs
10 yrs
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25 yrs
30 yrs

Interest Rate % (p.a.) error

Calculate Your EMI

You are Eligible for EMI Amount

₹ 39,388

Principal Amount

₹65,00,000

Interest Amount

₹29,53,299

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Tax Benefits on Kotak Mahindra Bank Home Loan

Deductions available on principal (Section 80C) and interest repayments (Section 24(b)). One can claim up to Rs 1.50 lakhs tax exemption on principal repayment (Section 80C). It offers interest deduction of up to Rs 2 lakhs annually under (Section 24(b)). Additional benefits for first-time homebuyers (Section 80EEA) and joint loan applicants.Types of deductions include principal amount and interest payments. Factors like loan amount, property type, co-ownership status, and usage influence tax benefits.

How to Apply for Kotak Mahindra Bank Home Loan

You can apply for Kotak Mahindra Bank home loan online on Magicbricks by following the given steps:

Step 1

Visit https://www.magicbricks.com/homeloan/home

Step 2

Fill all the required fields and click on Apply Now

Step 3

Enter your personal and home loan-related details to proceed further

Step 4

A few eligible loan options will appear. Compare and apply for a home loan that suits your requirements

Apply Now

Have any queries? We'd love to hear from you.

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0120-6866600

Mail us

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Disclaimer: The information available on this site has been gathered from publicly available sources and is accurate to the best of our knowledge. However, please be aware that the rates and other offers may vary based on your profile and may be subject to change without notice. Therefore, we advise you to verify the information before applying for any loan through this website. Magicbricks accepts no liability for any loss arising from the use of the information on this website. Refer T&C for the detail.
(T&C link: https://property.magicbricks.com/terms/terms.html)

**This service is available in select cities only.

*These calculators are only for illustrative purposes. These figures may or may not be applicable to your particular situation. Magicbricks will not be responsible for any loss or liability arising from the use of these calculators.