Apply for Kotak Mahindra Loan Against Property

Hassle-free Process | Required Minimum Documentation | Safe and Secure | Doorstep Service

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20

Years Of Experience

About Kotak Mahindra Loan Against Property

Kotak Mahindra offers a secured Loan Against Property, providing financial support for various needs such as Wedding Expenditures, Medical Emergencies, Higher Education, Home Renovation, and Business Expansion.

LoanMoney, an authorized direct selling agent, can assist you in obtaining a Loan Against Property from various National, Multinational, and Non-Banking Financial Companies. As a registered and authorized Direct Selling Agent, LoanMoney provides reliable and trusted financial solutions tailored to your needs. Enjoy the benefits of a loan with minimal documentation, low-interest rates for an extended tenure, a swift approval process, nominal processing fees, and a range of flexible repayment options. Apply for a Kotak Mahindra Loan Against Property and avail of all these benefits.

Features of Kotak Mahindra Loan Against Property

    Your property can help you fulfil your personal and business needs. Apply for loan against property with Kotak bank at attractive interest rates. Avail it today and unlock the potential of your property.

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Details of Kotak Mahindra Loan Against Property

  • Interest Rate

  • Eligibility Criteria

  • Documents Required

  • General Information

Interest Rate

Fee Amount to be Paid
Rate of Interest 7 % Onwards
Loan Processing Charges 0.50% to 0.75%
Cheque Bounce Charges NA
Cheque/ Instrument Swap charges NA
Prepayment/ Foreclosure Charges NA
Default Interest Rate NA
Duplicate Statement Issuance Charges NA
Duplicate Amortization Schedule Charges NA
Duplicate Interest Certificate NA
S(Provisional/ Actual) issuance Charges NA
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Kotak Mahindra Loan Against Property Eligibility Criteria

Age(Min-Max) 21 To 60 Years 21 To 65 Years 21 To 65 Years Minimum Income Min. 6,00,000/- Per Annum Min. 2,50,000/- Per Annum Min. 2,50,000/- Per Annum Co-applicant Yes Yes Yes Loan Tenure 5 To 15 Years 5 To 15 Years 5 To 15 Years Maximum Loan Amount Max. 10 Crore Max. 25 Crore Max. 25 Crore Employment/Business Continuity Min. 3 Year Min. 3 Year Min. 3 Year CIBIL Score Min. 600+ Min. 600+ Min. 600+
Particulars Salaried Self Employed Professional
Kotak Mahindra Documents Required

    Documents Required for Salaried Employees

  • Duly filled Application Form with Photograph
  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree
  • Latest Salary- slips for 3 months
  • Form 16 for last 2 years
  • Last 6 months Bank Statements(salary account)

    • Documents Required for Sel-Employed/Professional

  • Duly filled Application Form with Photograph
  • Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
  • Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
  • Education Qualifications – Latest Degree (for professionals), Certificate & Proof of business existence along with Business Profile
  • Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
  • Last 12 months Bank Account Statements (self & business).
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Kotak Mahindra General Information

Salaried Self Employed Professional
Age 21 To 60 Years 21 To 65 Years 21 To 65 Years
Loan Amount 10 Lakh To 5 Crore 10 Lakh To 25 Crore 10 Lakh To 25 Crore
Tenure 5 To 15 Years 5 To 15 Years 5 To 15 Years
Rate of Interest / APR [Annual Percentage Rate] 7 % Onwards 7 % Onwards 7 % Onwards
Features Loan Eligibility Up to 200% Of Income Loan Eligibility Up to 200% Of Income Loan Eligibility Up to 200% Of Income
Processing Fees 0.50% to 0.75% 0.50% to 0.75% 0.50% to 0.75%
Special NA NA NA
Documentation KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents. KYC/Financial(2 Years) & Property Documents.
Eligibility

For Salaried Employee:

  • Minimum annual income should be Rs. 6 Lakhs as per the P&L.
  • Minimum 21 years of age.
  • Maximum 60 years of age at the time of loan maturity.
  • Minimum Experience: 1 Year Current Company
 For Self-Employed Non-Professionals:

  • Minimum annual income should be Rs. 1.44 Lakhs as per the P&L.
  • Minimum 21 years of age.
  • Maximum 65 years of age at the time of loan maturity.
  • Firm/company should have been in operation for the last 3 years.
  • Firm/company should be making cash profits for the last two years.
 For Self-Employed Professionals:

  • Minimum annual income should be Rs. 1.44 Lakhs as per the P&L.
  • Minimum 21 years of age.
  • Maximum 65 years of age at the time of loan maturity.
  • Firm/company should have been in operation for the last 3 years.
  • Firm/company should be making cash profits for the last two years

Quick Enquiry for Kotak Mahindra Personal Loan

Share your contact details and talk with our experts to get an instant decision on your loan.

Check Your Eligibility

How much do you need?

EMI Calculator

Check Your Cibil Score

Purpose for Taking Kotak Mahindra Loan Against Property

Wedding Expenditure

Make your wedding day more memorable by adding some extra facilities

Medical Emergencies

Fulfill your medical expenses like hospitalization bills, surgeries, and many other treatments.

Higher Education

Reduces the strain on your family savings and eliminates the need to liquidate your investments in fixed deposits.

Clients words

What our clients say

We pride ourselves on providing transparent and quality service to our clients, but you don’t just have to take our word for it. Read what our clients have to say about us.

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Job Varghese

Client

I am totally satisfied by loan money and the way it services its customers.... especially I thank and appreciate Ms. Somya as she is a great resource to the organization. She has been constantly assisting me from start till the end and has been a very prompt and sensible officer as she could offer the relevant deal for me.

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Vishwajeet Nanaware

Client

LoanMoney is really good in providing loan services. Particularly Chanchal, my loan assistant has great skills to communicate with her clients and understand their needs. She processed my personal loan on time. The rate of interest offered was lower than the others. it was overall a good experience with 100% satisfaction.

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Avlokit Kaushik

Client

This is my second time in have taken a loan from LoanMoney. Kavita has helped me a lot..very cooperative very helpful very fast. Thanku again.

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Noida - 201305, India

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