Skip to content
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
The Medium News

The Medium News

  • Home
  • India
    • National
    • Regional News
  • Business
  • Education
  • LifeStyle
    • Fashion & Beauty
    • Food
    • Health & Fitness
    • Travel
  • Tech
    • Apps News
    • Gadgets
  • Automobiles
  • Sports
  • Entertainment
  • More
    • Agriculture
    • astrology
    • Environment
    • Finance/Money
    • Religion
    • Science
    • Social Work
    • Wow Personality
    • Press Release
  • Toggle search form

Kotak Reduces Home Loan Interest Rates to 6.75%

Posted on November 5, 2020 By The Medium News No Comments on Kotak Reduces Home Loan Interest Rates to 6.75%

Kotak Mahindra Bank Ltd (Kotak) today announced that it has reduced its Home Loan interest rates by a further 15 basis points(bps) to 6.75%* p.a. with effect from 1st November 2020. Kotak home loan and balance transfer loans now start at 6.75%* p.a., which is one of the lowest rates in the home loan market.

The new normal has changed the functioning of the entire ecosystem. Interest rates at a 15-year low, developers significantly reducing residential property prices and having a ready inventory of ready-to-move-in homes and lower stamp duty. All these factors when taken together make home buying at this point of time extremely attractive.

Shanti Ekambaram, Group President – Consumer Banking, Kotak Mahindra Bank said, “Keeping the consumer’s interest in mind and to make home purchases more affordable, Kotak’s  home loan interest rates are now available starting at 6.75% p.a. This is an excellent opportunity for both – new customers who are looking to buy a home as well as existing home loan borrowers who can transfer their outstanding home loan account balance to Kotak and use this opportunity to reduce their existing EMIs.”

“In the current environment, people realise the importance of having their own home. In addition, there is a rising demand for larger homes as families work and study from home. With steady economic recovery, attractive interest rates and property deals on offer, this is the right time to buy the home that one has been dreaming of,” added Shanti.

Features of Kotak Home Loans:

  • Starting at 6.75%* p.a. on Home Loans and Balance Transfer Loans
  • Attractive rates for both the salaried and self-employed customer segments
  • Quick online sanction in less than 48 hours with Kotak Digi Home Loans and easy documentation

To apply for a Kotak Home Loan online, consumers can visit the website at Kotak Home Loans. Consumers can also apply through Kotak’s bank branches across India. Existing Kotak customers can also apply through the Kotak mobile banking app or net banking.

For details on Kotak home loan rates, click here.

Kotak Home Loans are linked to an external benchmark i.e. RBI’s policy repo rate.

 *Terms & Conditions apply

Finance/Money

Post navigation

Previous Post: Creates a new shopping experience: The Infinique Mall is all set to define enhanced digital shopping experiences for the modern customer
Next Post: COVID-19 Pandemic: A New Ray of Hope for The Jewelry Segment?

More Related Articles

KGIL Fintech Solutions Pvt. Ltd. Launches SwipeLoan Making Digital Lending Easy Accessible For All Finance/Money
Vantage’s Copy Trading, Professional Trading, Vantage, cutting-edge trading app, Vantage’s Copy Trading Makes Professional Trading Strategies Accessible to All Finance/Money
Fueling the Dreams of India’s MSMEs: RupeeBoss MSME Loans Finance/Money
Payment Aggregator Paysharp Private Limited gets ISO 27001 certification Finance/Money
Leveraging Technology for Manufacturing & Pharma Industry Growth: The Vision of Subodh Bajpai, India’s Funding Guru Finance/Money
Univest collaborates with Pratik Gandhi to conquer retail investor challenges Finance/Money

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Agriculture
  • Apps News
  • astrology
  • Automobiles
  • Business
  • Education
  • Entertainment
  • Environment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • LifeStyle
  • National
  • Photography
  • Politics
  • Press Release
  • Regional News
  • Religion
  • Science
  • Social Work
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World
  • Wow Personality

Recent Posts

  • Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
  • Lotus Derma Botanics Enters the Skincare Arena
  • Smart Geek Visas Turns Immigration Dreams into Global Success Stories
  • INSD Vasai: A Bold New Chapter for Design Education in Palghar District
  • Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

Ace Entrepreneur actor artificial intelligence author Bangalore Bengaluru Blockchain technology business Content Creator COVID-19 Cryptocurrency Delhi digital marketing Dr. Sandeep Marwah Dubai education entrepreneur Fairplay Gujarat Gurugram health Hyderabad IIT Delhi Indian Institute of Technology influencer Influencerquipo Kingston Technology K Raheja Corp Homes Lotus Herbals memory products and technology solutions Mumbai Music Industry Nidarshana Gowani Noida photography producer Pune real estate Sakra World Hospital Shan Se Entertainment Shantanu Bhamare Social Activist Social media Surat TTK Prestige

Copyright © 2025 The Medium News.

Powered by PressBook Blog WordPress theme