Kotak Mahindra Bank announces a new home Loan Interest rate of 6.55% p.a. for a limited period between 9th November to 10th December 2021 (both days inclusive). Earlier in September, Kotak Mahindra Bank had introduced home Loan Interest rates start at 6.5% p.a. as part of its festive season offer (the offer ended on November 8, 2021).

“Further, applicants who have received home loan sanction letter from KMBL by November 8, 2021, can lock the previous rate starting from 6.50% p.a. if the loan is disbursed in the next seven days i.e. by November 15, 2021, Said a press release issued by the bank.

Kotak Mahindra Bank home loan interest rates now start at 6.55% and are applicable for both new home loans and balance transfer. This special rate is available on all loan amounts and is linked to the borrower’s credit profile, the press release said.

Features of Kotak Home Loan as per the bank’s press release:

• Starting at 6.55% p.a. on both new home loan and balance transfer loan
• Attractive rates for both salaried and self-employed customer segments
• Instant in-principle approval with Kotak Digi Home Loan

To apply for Kotak Home Loan online, you can visit the bank’s website. Borrowers can also apply through Kotak’s bank branches across India. Kotak Home Loans are available in over 180 cities and towns in India. Existing Kotak customers can also apply through Kotak Mobile Banking App or Net Banking.