Kotak Mahindra Bank Home Loan in Indore

About Kotak Mahindra Bank Home Loan in Indore

Kotak Mahindra Bank is a nationalized private sector bank. It has numerous branches spread across the country. Through the network of its branches, the bank aims at fulfilling all the banking and financial needs of its customers. The wide variety of products drafted by the bank involves home loan as well. The detailed information about the product is given in the following sections.

Kotak Mahindra Bank Home Loan in Indore at a Glance

Interest Rate 8.70% onwards
Loan amountUp to 90% of the property
TenureUp to 20 years
Processing feeNil
Pre- payment chargesAs per bank’s norms

Eligibility Criteria

The Kotak Mahindra Bank provides home loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. Check the eligibility now:

Individuals either solely or jointly can apply for the home loan if they fall in the age bracket and earn a considerable income as per bank norm.

Documentation Required

In order to avail the benefit of a car loan, the individual needs to submit the following documents:

  • Duly filled Application form
  • Photograph
  • Proof of identity (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
  • Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/
  • Property tax receipt/ Passport/ Voters ID card)
  • Proof of Income – Original Salary Certificate from employer, TDS certificate on
  • Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt., Acknowledged copies of three years I.T. returns/ Assessment Orders, Photocopies of challans evidencing payment of Advance Income Tax
  • Proof of business address for non-salaried individuals
  • Statement of Bank Account/ Pass Book for last six months
  • Signature identification from present bankers
  • Personal Assets and Liabilities statement

To know more read Home Loan Indore

Address of Kotak Mahindra Bank Branches in Indore

The branch address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Indore are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Annapurna Road3-B, Bhawanipur Colony, Annapurna Road, Indore. Pin code - 452 009, Indore - 452009, Madhya PradeshKKBK0005941NON-MICR18602662666
Indore7/1, K.K. Bapna Arceda, Dr. Roshan Singh Bhandari Marg, Savrkar Circle, Narayan Kothi, Indore, Indore - 452001, Madhya PradeshKKBK0005933NON-MICR
Indore - Cloth Market85 - Rang Mahal, Sir Seth Hukum Chand Marg, Cloth Market, Itwariya Bazar, Indore - Cloth Market, Indore - 452002, Madhya PradeshKKBK0005942NON-MICR
Jawahar MargNo. 82, Jawahar Marg, Plot No.628, Scheme No.3, Traffic Route No.2, Indore-452007 (Madhya Pradesh), Jawahar Marg, Indore, Indore - 452007, Madhya PradeshKKBK0005937NON-MICR
M.G. Road580, M.G.Road, Indore, Indore - 452001, Madhya PradeshKKBK0000751452485002(0731) 4297500, (0731) 4297504
PaldaThe Finance Hub, Mundla Nayata, Nemwar Road, Palda, Indore - 452020, Madhya PradeshKKBK0005932NON-MICR
Sapna Sangeeta914/Scheme No.44, Khatiwala Tank, Sapna Sangeeta, Indore, Madhya Pradesh - 452001, Indore - 452001, Madhya Pradesh ---NON-MICR
Vijay NagarMetro Tower, Near Vijay Nagar Square, A B Road, Indore - 452010, Madhya PradeshKKBK0005915NON-MICR

  • Home Loan Interest Rates February 2024
    Axis Bank8.75% - 9.15%
    Bank of Baroda8.50% - 10.60%
    Citibank8.75% - 9.15%
    HDFC8.50% - 9.40%
    ICICI Bank9.00% - 9.85%
    Indiabulls Housing Finance Limited8.65%
    Kotak Bank8.70%
    LIC Housing8.50% - 10.50%
    Piramal Capital & Housing Finance10.50%
    PNB Housing Finance8.50% - 10.95%
    Reliance Home Finance8.75% - 14.00%
    State Bank of India/SBI9.10% - 9.65%
    Tata Capital8.95% - 12.00%