Kotak Mahindra Bank has blazoned new home loan interest rate of6.55 per cent. This new interest rate will be valid from November 9 to December 10, the lender said in a statement onMonday.In September, as part of its gleeful season immolations, Kotak Mahindra Bank had blazoned home loan rates starting at6.50 per cent. This gleeful offer ends moment, November 8. Home loan aspirants who have entered a home loan permission letter from Kotak Mahindra Bank by November 8 can lock in the earlier rates starting at6.50 per cent if the loan is expended in the coming seven days, i.e. by November 15.
From hereafter, Kotak Mahindra Bank’s new home loan interest rates starting at6.55 per cent will come into effect. These rates will be applicable for both fresh home loans and balance transfers. These special rate are available across all loans quantities and is linked to a borrower’s credit profile, the banksaid.The bank is offering the new interest rates to both salaried and tone- employed client parts. Aspirants can also mileage of moment in-principle permission with Kotak Digi Home Loans.
To apply for a Kotak Home Loan online, aspirants need to visit Kotak Home Loans. Consumers can also apply through Kotak’s bank branches acrossIndia.Kotak Home Loans are available across over 180 metropolises and municipalities in India. Being Kotak guests can also apply through the Kotak mobile banking app or net banking, the bank said in its statement. “ Most lately, our special 60- day gleeful season offer has been deeply appreciated by home buyers and we’ve seen veritably strong demand instigation – both in fresh cases and balance transfers. We are, hence, pleased to extend the good times for borrowers with a new home loan rate of6.55 per cent,” said Ambuj Chandna, President-Consumer Means, Kotak Mahindra Bank.