Kotak Home News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kotak Takes the Lead - Holds Home Loan Interest Rates at 6.65% p.a. Posted On: 2021-04-12 08:42:04 (Time Zone: Arizona, USA) Kotak Mahindra Bank Ltd (KMBL) today positioned itself as the frontrunner in the home loan market when it announced that home loan borrowers will continue to enjoy its special interest rate of 6.65% p.a. This incredibly low interest rate is applicable across all loan amounts. Both fresh home loan applicants and balance transfer cases are eligible for interest rates beginning at 6.65% p.a. Interest rates are linked to borrowers credit score and the Loan to Value (LTV) ratio. Ambuj Chandna, President - Consumer Assets, Kotak Mahindra Bank said, Buoyed by the convergence of a number of factors, not the least of which was a steep drop in home loan interest rates, the industry has witnessed a healthy growth in home sales in recent months. We expect this trend to continue with consumers keen to purchase and live & work in their own homes. We would like

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