{"id":670,"date":"2021-07-25T11:52:54","date_gmt":"2021-07-25T11:52:54","guid":{"rendered":"https:\/\/www.loanfasttrack.com\/blog\/?p=670"},"modified":"2022-07-21T09:25:07","modified_gmt":"2022-07-21T09:25:07","slug":"loan-against-property-kotak-mahindra-bank","status":"publish","type":"post","link":"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/loan-against-property-kotak-mahindra-bank\/","title":{"rendered":"Loan Against Property Kotak Mahindra Bank"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i.ytimg.com\/vi\/qa3emXvJ6qQ\/maxresdefault.jpg\" alt=\"Loan Against Property Kotak Mahindra Bank \" \/><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong><em>Kotak Mahindra Bank is an example of the\n  fastest-growing private sector bank in India. Kotak offers the loan against\n  property (LAP) popularly referred to as mortgage loan against the collateral\n  of owned &amp; jointly owned residential, commercial, and industrial property\n  at attractive interest rates starting from 9.25% p.a. with flexible repayment\n  tenures up-to 15 years for meeting the personal &amp; business needs with\n  maximum funding of 65% of the value of the property.<\/em><\/strong><strong><\/strong>\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prominent Features Of Kotak Bank Loan\nAgainst Property <\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Residential, commercial (shops &amp; offices) &amp;\nindustrial properties can be pledged. <\/strong><\/li><li><strong>Loans are available for your personal &amp; business needs.<\/strong><\/li><li><strong>Easy repayment options are available up-to 15 years.<\/strong><\/li><li><strong>Higher loan amounts can be enjoyed at a lower Kotak rate of\ninterest starting from 9.25% p.a.<\/strong><\/li><li><strong>Overdraft and LRD facilities are available.<\/strong><\/li><li><strong>Loans are available up-to 65% of the property value.<\/strong><\/li><li><strong>Customized loan options and schemes are available for\nself-employed borrowers.<\/strong><\/li><li><strong>Quick processing of Kotak Mahindra Bank application.<\/strong><\/li><li><strong>Hassle-free documentation with Kotak Mahindra Bank <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>online apply<\/strong><\/a><strong> option.<\/strong><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Kotak Mahindra Mortgage Loan\nEligibility<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  Eligible\n  Profile\n  <\/td><td>* Salaried   &nbsp;   <br>* Self-Employed   &nbsp;   <br>* Self-Employed Professionals   &nbsp;   <br><u>Firms &amp; Companies<\/u><br>-&gt; Proprietorship Firm<br>-&gt; Partnership Firm<br>-&gt; Private Limited Company            <\/td><\/tr><tr><td>\n  Age\n  <\/td><td><u>For salaried    <\/u><br>18 years &#8211; 60 Years or retirement age <br>whichever is earlier.   &nbsp;   <br><u>For Self-employed &amp; Professionals   <\/u><br>21 years &#8211; 65 years.   <\/td><\/tr><tr><td>\n  Property\n  To Mortgage\n  <\/td><td>* Residential &#8211; self-occupied\/rented\/vacant   &nbsp;   <br>* Commercial &#8211; Shops &amp; Offices   &nbsp;   <br>* Industrial property.    <\/td><\/tr><tr><td>\n  Kotak\n  Loan Against Property Interest Rate\n  <\/td><td>\n  Kotak Mahindra Bank LAP interest rate starts\n  from 9.25% p.a. onwards.\n  <\/td><\/tr><tr><td>\n  Maximum\n  Tenure for Kotak Mortgage Loan\n  <\/td><td>\n  Up-to 15 years.\n  <\/td><\/tr><tr><td>\n  Loan Amount\n  <\/td><td>* Minimum &#8211; Rs.10 Lakhs    &nbsp;   <br>* Maximum &#8211; Rs.5 Crores.   <\/td><\/tr><tr><td>\n  Minimum Income\n  <\/td><td>* Salaried &#8211; Rs.4,80,000\/- p.a.   &nbsp;   <br>* Self-employed &#8211; Rs.1,80,000\/- p.a.   <\/td><\/tr><tr><td>\n  Minimum Business Vintage\n  <\/td><td>\n  3 years.\n  <\/td><\/tr><tr><td>\n  Turnaround Time For Disposal of Loan\n  Application\n  <\/td><td>\n  21 working days on receiving the complete\n  &amp; clear documents.\n  <\/td><\/tr><tr><td>\n  Type Of Loan\n  <\/td><td>* EMI-based term loan.   &nbsp;   <br>* <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>Overdraft loan against property<\/strong><\/a>.    <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-to-value-ratio\/\"><strong>LTV<\/strong><\/a><strong><\/strong>\n  <\/td><td>\n  65% of the property value.\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/cibil-and-its-significance-in-home-loan\/\"><strong>CIBIL\n  Scores<\/strong><\/a><strong><\/strong>\n  <\/td><td>\n  750 &amp; above. \n  <\/td><\/tr><tr><td>\n  Processing Fees\n  <\/td><td>\n  Up-to 1% of the loan amount plus applicable\n  GST. \n  <\/td><\/tr><tr><td>\n  Kotak Bank Information on Pre-Payment\n  Charges\n  <\/td><td>* NIL &#8211; for floating Kotak Mahindra Bank   interest rate loan borrower (the amount used only for personal uses)   &nbsp;   <br>* Others &#8211; 4% on the outstanding amount plus   applicable GST.   <\/td><\/tr><tr><td>\n  Mortgage Schemes\n  <\/td><td>* <a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>Mortgage   loan<\/strong><\/a>   &nbsp;   <br>* <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>Mortgage   loan balance transfer<\/strong><\/a>   <strong>&nbsp;<\/strong>   <br>* <a href=\"https:\/\/www.loanfasttrack.com\/Apply-now.html\"><strong>Mortgage   loan top-up<\/strong><\/a>   &nbsp;   <br>* <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>Mortgage   overdraft loan<\/strong><\/a>   &nbsp;   <br>* Lease rental discounting   <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><strong><em>Note: The above-mentioned Kotak Mahindra Bank Finance charges &amp; Kotak Mahindra mortgage loan interest rates are subject to change without prior notice.<\/em><\/strong><\/pre>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-eligibility\/\"><strong>Click to read more on loan against property eligibility<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Kotak Mahindra Bank Loans Schemes For\nLoan Against Property<\/strong><\/h2>\n\n\n\n<p>Customized loan against home in India, loans against commercial &amp; industrial property, LRD, <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>LAP transfers<\/strong><\/a>, &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-top-up-loan\/\"><strong>top-up<\/strong><\/a>, etc. are offered at competitive rates to fulfill the various needs of its customers. Details of these popular loan schemes of Kotak Bank with its features are given below:&nbsp; <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Kotak Bank Loan Against\nProperty<\/strong><\/li><\/ol>\n\n\n\n<p>It is a term loan available for eligible borrowers to\nfulfill their business &amp; personal financial needs at an affordable Kotak\nMahindra loan against property interest rates. The loans can be easily repaid\nin equated monthly installments.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>LAP loan current rate of Kotak Mahindra Bank starts from 9.25% p.a.<\/li><li>The maximum loan tenure offered is up-to 15 years.<\/li><li>Kotak Bank mortgage loan interest rate is variable interest rate.<\/li><li>Highest <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/fixed-obligation-to-income-ratio\/\"><strong>FOIR<\/strong><\/a> considered for self-employed customers.<\/li><li>Higher loan eligibility amounting to 150% of the net monthly income subject to the maximum loan amount of Rs.5 Crores.<\/li><li>Processing fees applicable is up-to 1% on the loan amount plus applicable GST.<br><br>Also, read the best<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-mortgage-loan-in-india\/\"><strong> banks for mortgage loans in India<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p>2. <strong>Kotak Bank Loan Against Property Overdraft Loan<\/strong><\/p>\n\n\n\n<p>Overdraft facility is available only to self-employed\nborrowers who are manufacturers, retailers, traders, service providers, etc. to\nmeet their working capital requirement. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Interest is paid only on the\nutilized loan amount.<\/li><li>Low Kotak Bank interest rates\nfor LAP overdraft facilities starting from 9.50% p.a. Onwards.<\/li><li>One-time sanction of the OD\nlimit for original tenure.<\/li><li>No need to renew the OD every\nyear.<\/li><li>The maximum loan tenure\noffered is up-to 10 years.<\/li><li>A dropline overdraft facility\nis available. The limit gets reduced every year by 20% &amp; 10% of the loan\namount for loan tenures of 5 years and 10 years respectively.<\/li><li>Over 1 year the limit can be\nreset to actual tenure based on the new eligibility of the borrower. <\/li><li>Processing fees applicable is\nup-to 1% on the loan amount plus applicable GST.<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>Read more on mortgage overdraft loans<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>3. Kotak Bank Loan Against Property Balance Transfer<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>Mortgage loan transfers<\/strong><\/a> with Kotak Bank are available for\neligible borrowers at discounted rates as well as processing fees with an\noption to reset the loan tenure to the maximum. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Kotak Bank loan against property\ninterest rate for transfer starts from 9.25% p.a.<\/li><li>Option to avail a dropline\noverdraft facility for takeover loans.<\/li><li>Mortgage refinancing is also\navailable with a top-up facility. Also, read on <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/home-loan-refinancing-in-india-things-to-know-before-applying-for-refinancing\/\"><strong>home loan refinancing<\/strong><\/a>. <\/li><li>Longer repayment tenures of\nup-to 20 years.<\/li><li>Special offers to borrowers\nhaving good CIBIL scores and repayment records. (Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-how-your-home-loan-inquiry-impacts-your-cibil-scores\/\"><strong>how your multiple loan inquiries impact your CIBIL score<\/strong><\/a>)<\/li><li>Refinancing is available for\nmortgage overdraft facilities, LRD loans &amp; simple term loans mortgages.<\/li><\/ul>\n\n\n\n<p>Also, click to read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-how-to-deal-with-the-increasing-interest-rates-of-housing-loans\/\"><strong>how to deal with the increasing interest rates of housing loans.<\/strong><\/a><\/p>\n\n\n\n<p><strong>4. Kotak Bank Loan Against Property Top-Up<\/strong><\/p>\n\n\n\n<p>Kotak top-up loans are available for existing\nborrowers only with a good repayment history for 6 months &#8211; 12 months. New\nborrowers can also <a href=\"https:\/\/www.loanfasttrack.com\/Apply-now.html\"><strong>apply for\na top-up loan<\/strong><\/a> with Kotak Bank with their <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>mortgage loan switch to Kotak Bank<\/strong><\/a>.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Top-up loans are offered at\nKotak Bank LAP rate of interest.<\/li><li>Kotak Mahindra Bank interest\nrates for top-up loans start from 9.25% p.a. onwards.<\/li><li>Top-up can be applied after 6\nmonths of loan disbursement. <\/li><li>Processing fee of up-to 1% on\nthe <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/icici-bank-home-loan-top-up\/\"><strong>top-up loan<\/strong><\/a> amount.<\/li><li>The maximum top-up amount is\nsubject to the market value of the property and the income eligibility of the\nborrower.<\/li><li>The maximum amount availed is\n65% of the property market value subject to the maximum mortgage loan limit of\nRs.5 Crores.<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-top-up-loan\/\"><strong>Read more on mortgage top-up loans<\/strong><\/a><\/p>\n\n\n\n<p><strong>5. Kotak Bank Lease Rental Discounting (LRD) Loans<\/strong><\/p>\n\n\n\n<p>It is a term loan provided to the borrower who earns a\nrental income from his rented out commercial property, which is leased to a\nreputed company. The borrower can either pledge his leased out commercial\nproperty or any other property in his ownership.&nbsp; <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>LRD loans are available for\nboth salaried &amp; self-employed customers.<\/li><li>The maximum funding for LRD\nis up-to 8 times of the net monthly rentals received, subject to the lease\nexpiry clause in the LRD agreement.<\/li><li>LRD is offered to commercial\n(shops &amp; offices) as well as industrial (warehouse, workshop, factory,\netc.) properties leased for 1-year with renewable clauses in the LRD agreement.<\/li><li>LRD EMIs are restricted to\n90% of the net monthly rentals.<\/li><li>Kotak Mahindra Bank loan\nagainst property interest rates for LRD starts from 9.50% p.a.<\/li><li>The maximum tenure offered is\nup-to 10 years subject to the balance lease term.<\/li><li>The minimum loan amount is\nRs.10 lakhs &amp; the maximum is Rs.5 crore.<\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>LRD loan transfers<\/strong><\/a> are available at attractive interest\nrates. <\/li><\/ul>\n\n\n\n<p><strong>Read more on LRD loans.<\/strong><\/p>\n\n\n\n<p><strong>6. Kotak Bank Commercial Property Loan<\/strong><\/p>\n\n\n\n<p>Commercial property loans with Kotak Bank are\navailable for the purchase of ready-to-move &amp; under-construction commercial\nproperty at the lowest interest rates in the industry for longer repayment\ntenures. (<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/mportant-loan-facts\/\"><strong>Keep these important things in mind if you are purchasing\nan under-construction property<\/strong><\/a>)<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Available only for ready-to-move and under-construction commercial property with more than 80% of completion status. <\/li><li>Kotak Mahindra interest rates for commercial property start as low as 9.25% p.a.<\/li><li>Processing charges will be 1% on the loan amount plus applicable GST.<\/li><li>LTV is 40%-50% on the value of a commercial property.<\/li><li>Quick &amp; hassle-free processing<\/li><li>Commercial property can be refinanced at low-interest rates and processing fees.<\/li><li>Minimum documentation is required. Click the links to get a complete list of documentation. <br>&gt; For Salaried-<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/commercial-loan-list-of-documents-for-salaried-customers-builder-case\/\"><strong>builder case<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/commercial-loan-list-of-documents-for-salaried-customers-resale-case\/\"><strong>resale case<\/strong><\/a><br>&gt; Self-Employed &#8211; partnership firm-<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/list-of-documents-for-commercial-loan-for-self-employed-partnership-firm-builder-case\/\"><strong>builder case<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/list-of-documents-for-commercial-loan-for-self-employed-partnership-firm-resale-case\/\"><strong>resale case<\/strong><\/a>, private limited company-<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/list-of-documents-for-commercial-loan-for-self-employed-private-limited-company-builder-case\/\"><strong>builder case<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/commercial-loan-list-of-documents-for-self-employed-private-limited-company-resale-purchase\/\"><strong>resale case<\/strong><\/a>, proprietorship firm-<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/list-of-documents-for-commercial-loan-for-self-employed-proprietorship-firm-builder-case\/\"><strong>builder case<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/list-of-documents-for-commercial-loan-for-self-employed-proprietorship-firm-resale-case\/\"><strong>resale case<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/commercial-property-loan-with-icici-bank-by-loanfasttrack\/\"><strong>commercial property loans with ICICI Bank<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>List Of Other Kotak Mahindra Bank\nCharges<\/strong><\/h2>\n\n\n\n<p><strong>(GST is applicable on all charges)<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  Documentation Charges\n  <\/td><td>\n  Rs.10,000\/-\n  <\/td><\/tr><tr><td>\n  Stamp Duty Charge\n  <\/td><td>\n  0.30% of the loan amount.\n  <\/td><\/tr><tr><td>\n  CERSAI Charge\n  <\/td><td>\n  Rs.50\/- for loans up-to 5 Lakhs &amp;\n  Rs.100\/- for loans above 5 Lakhs.\n  <\/td><\/tr><tr><td>\n  Prepayment\/ Foreclosure Charges\n  <\/td><td>* Nil &#8211; Micro &amp; small enterprises &amp;   floating rate term loans for individuals for personal purposes.   &nbsp;   <br>* 4% on the outstanding amount &#8211; for the part   prepayment in excess of 25% of the loan amount.   &nbsp;   <br>* 4% of the foreclosure amount plus amounts   prepaid during the last 12 months &#8211; for full prepayment of the loans.   <\/td><\/tr><tr><td>\n  Commitment Fee for Non-Compliance to\n  Sanction Terms\n  <\/td><td>\n  2% of the loan amount.\n  <\/td><\/tr><tr><td>\n  Account Statement &amp; Interest Certificate\n  Charges\n  <\/td><td>\n  Free once in a financial year. Thereafter\n  Rs.250\/- per instance.\n  <\/td><\/tr><tr><td>\n  Switch Fee\n  <\/td><td>* Switch to lower Kotak mortgage loan interest   rate &#8211; 0.25% of the outstanding loan amount.   &nbsp;  <br><br>* Switch to Benchmark Index &amp; reduce the   floating Kotak LAP rate &#8211; 0.4% of the outstanding loan amount.   <\/td><\/tr><tr><td>\n  Account Swap Charges\n  <\/td><td>\n  Rs.500\/- per instance\n  <\/td><\/tr><tr><td>\n  Duplicate <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/noc-for-home-loan-closure\/\"><strong>NOC<\/strong><\/a> Charges\n  <\/td><td>\n  Rs.500\/- per instance\n  <\/td><\/tr><tr><td>\n  Document Retrieval Charge\n  <\/td><td>\n  Rs.500\/- per instance\n  <\/td><\/tr><tr><td>\n  Cheque Dishonor Charges\n  <\/td><td>\n  Rs.750\/- per instance (inclusive of GST)\n  <\/td><\/tr><tr><td>\n  Penal Interest Rate of Kotak Bank\n  <\/td><td>\n  2% p.m. on the overdue installments.\n  <\/td><\/tr><tr><td>\n  Penal Interest Rate Kotak Bank for Overdraw\n  of OD\n  <\/td><td>\n  3% p.m. on the overdrawn amount.\n  <\/td><\/tr><tr><td>\n  Collection Charges\n  <\/td><td>\n  30% of the cheque\/ instrument dishonor\n  charges plus substitute interest.\n  <\/td><\/tr><tr><td>\n  Mortgage Overdraft Renewal Charges\n  <\/td><td>\n  0.25% of the OD limit.\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><strong><em>Note: The above-mentioned charges are subject to change without prior notice.<\/em><\/strong><\/pre>\n\n\n\n<p>Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/how-to-apply-for-home-loan-with-bad-cibil-score-by-loanfasttrack\/\"><strong>how to apply for a loan with a bad CIBIL Score<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Documentation For Mortgage Loan In Kotak Mahindra Bank<\/strong><\/h2>\n\n\n\n<p class=\"has-text-align-center has-pale-pink-background-color has-background\"><strong>KYC<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"> Pan Card, Aadhar Card &amp; Photograph <\/p>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color\"><strong>Income Documents<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  For Salaried\n  <\/td><td>* 4 months salary slips.<br>* 2 years form 16 \\<br>* 6 months bank account statement.         <\/td><\/tr><tr><td>\n  For Self-Employed \n  <\/td><td>* 2 years ITR with Computation of Income,   Saral Copy, Balance Sheet, P&amp;L Account, Capital Account \u2013 CA certified   with membership no. and UDIN No.<br>* 12 months bank account statement.<br>* Business profile.<br>* Business proofs.            <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color\"><strong>Property Papers<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Prior Chain of Agreement.<\/li><li>OC\/CC + approved plans. <\/li><li>Index 2.<\/li><li>Share Certificate.<\/li><li>Society Registration Copy.<\/li><li>Property tax.<\/li><li>Property maintenance bill.  <\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center has-vivid-red-color has-text-color\"><strong>Other Important Documents<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Additional\n  Documents Required For Mortgage Loan Transfer<\/strong>\n  <\/td><td>* LOD (list of documents).<br>* Outstanding letter.<br>* 12 months repayment track record.         <\/td><\/tr><tr><td>\n  <strong>Additional\n  Documents Required For LRD<\/strong>\n  <\/td><td>* Registered Valid lease agreement.<br>* 6 months bank account statement where the rent is received.       <\/td><\/tr><tr><td>\n  <strong>Other\n  Documents<\/strong>\n  <\/td><td>* Duly signed Kotak Bank application form.<br>* Processing fee cheque.<br>* Any other document as required by the bank.         <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For complete Kotak Mahindra Bank information on documentation kindly refer to the following links:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/mortgage-loan-list-of-documents-for-salaried-customers\/\"><strong>Salaried<\/strong><\/a><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/nri-list-of-documents-for-applying-mortgage-loan\/\"><strong>NRI<\/strong><\/a> <\/li><li>Self-employed &#8211; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-proprietorship-firm\/\"><strong>Proprietorship Firm<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-partnership-firm\/\"><strong>Partnership Firm<\/strong><\/a>, &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/mortgage-loan-list-of-documents-for-self-employed-private-ltd-firm\/\"><strong>Private Ltd. Company<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<p>Also, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/nri-loan-against-property-in-india\/\"><strong>NRI loan against property In India<\/strong><\/a>. &nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Important Highlights To Remember<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>The business\/organization\nmust be a profit-making unit for the last 2 years.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>The property that is to be\nmortgaged must have a clear and marketable title.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Minimum graduate degree\nrequired for the salaried loan applicants working in a private limited company\nor partnership firm. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>ESCROW account opening is\nmandatory for LRD loans.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Prepayment Conditions applicable are as follows<br>&gt; 6 months lock-in period on pre &amp; part payment after EMI commencement for the borrowers other than &#8211; (i) Floating interest rate loan borrowers who have borrowed the funds for personal use &amp; (ii) Micro &amp; small enterprises.<br><br>&gt; After 6 months minimum of Rs.25,000\/- &amp; a maximum of 25% of the mortgage loan amount can be prepaid with Nil charges every 6 months.<br><br>&gt; A minimum difference of 6 months is required between any two prepayments.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>If the overdraft limit\nutilized is less than 50% of the quarterly drawing power, a charge of 0.25%\nwill be levied on the difference between the actual amount utilized and the OD\nthreshold for utilization i.e., 50%. <\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Gram-Panchayat properties are\nnot considered as collateral. Click to find out why, read <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/why-is-it-difficult-to-get-a-loan-on-grampanchayat-property\/\"><strong>Why is it difficult to get a loan on gram-panchayat\nproperty?<\/strong><\/a><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Tax rebates can be availed on\nKotak Mahindra loan against property provided the basic requirements are\nfulfilled. <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/mortgage-loan\/what-are-the-income-tax-benefits-on-mortgage-loan\/\"><strong>Click to get the complete information<\/strong><\/a>. <\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/home-loan-comparison-chart-of-leading-banks\/\"><strong>Compare Kotak Bank LAP Loans With Top Lenders<\/strong><\/a><\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Parameter<\/strong>\n  <\/td><td>\n  <strong>Kotak Bank<\/strong>\n  <\/td><td>\n  <strong>ICICI Bank <\/strong>\n  <\/td><td>\n  <strong>HDFC Bank<\/strong>\n  <\/td><td>\n  <strong>Axis Bank<\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>Interest\n  Rate<\/strong>\n  <\/td><td>\n  9.25% p.a. onwards\n  <\/td><td>\n  7.70% p.a. &#8211; 9.75% p.a. \n  <\/td><td>\n  7.50% p.a. &#8211; 10.95% p.a.\n  <\/td><td>\n  10.50% p.a. &#8211; 11.25% p.a.\n  <\/td><\/tr><tr><td>\n  <strong>Tenure<\/strong>\n  <\/td><td>\n  Up-to 15 years.\n  <\/td><td>\n  Up-to 20 years.\n  <\/td><td>\n  Up-to 15 years.\n  <\/td><td>\n  Up-to 20 years.\n  <\/td><\/tr><tr><td>\n  <strong>Processing\n  Fees<\/strong>\n  <\/td><td>\n  Up-to 1% of the loan amount + applicable\n  GST.\n  <\/td><td>\n  Up-to 1% of the loan amount + applicable\n  GST.\n  <\/td><td>\n  Up-to 1% of the loan amount + applicable\n  GST.\n  <\/td><td>\n  Up-to 1% of the loan amount + applicable\n  GST.\n  <\/td><\/tr><tr><td>\n  <strong>Foreclosure\n  Charges<\/strong>\n  <\/td><td>\n  Up-to 4% on the balance loan amount +\n  applicable GST.\n  <\/td><td>\n  Up-to 4% on the balance loan amount +\n  applicable GST.\n  <\/td><td>\n  Up-to 2.5% on the balance loan amount +\n  applicable GST.\n  <\/td><td>\n  Up-to 3% on the balance loan amount +\n  applicable GST.\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>Overdraft\n  Facility<\/strong><\/a><strong><\/strong>\n  <\/td><td>\n  Yes\n  <\/td><td>\n  Yes\n  <\/td><td>\n  Yes \n  <\/td><td>\n  Yes\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-to-value-ratio\/\"><strong>LTV<\/strong><\/a><strong><\/strong>\n  <\/td><td>\n  65%\n  <\/td><td>\n  70%\n  <\/td><td>\n  65%\n  <\/td><td>\n  55%\n  <\/td><\/tr><tr><td>\n  <strong>Maximum\n  Loan Amount<\/strong>\n  <\/td><td>\n  Up-to Rs.5 Crores\n  <\/td><td>\n  Up-to Rs.10 Crores.\n  <\/td><td>\n  Up-to Rs.25 Crores.\n  <\/td><td>\n  Up-to Rs.5 Crores\n  <\/td><\/tr><tr><td>\n  &nbsp;\n  <\/td><td>\n  &nbsp;\n  <\/td><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/icici-bank-loan-against-property-lap\/\"><strong>Click\n  for more details<\/strong><\/a>.\n  <\/td><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/hdfc-bank-loan-against-property\/\"><strong>Click\n  for more details<\/strong><\/a>.\n  <\/td><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/lap-loan-against-property-in-axis-bank\/\"><strong>Click\n  for more details<\/strong><\/a>.\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/home-loan-comparison-chart-of-leading-banks\/\"><strong>Click to compare the rates of other leading banks<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQ<\/strong><\/h2>\n\n\n\n<p><strong>Q. How much is the Kotak Mahindra\nBank mortgage loan interest rates 2021?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> Mortgage loan interest rates in\nKotak Mahindra Bank start from 9.25% p.a. onwards.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Kotak Mahindra Bank Loan Schemes<\/strong>\n  <\/td><td>\n  <strong>Applicable Rate of Interest p.a.<\/strong>\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>Mortgage\n  Loan<\/strong><\/a>\n  <\/td><td>\n  9.25% onwards\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>Mortgage\n  Loan Balance Transfer<\/strong><\/a>\n  <\/td><td>\n  9.25% onwards\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/Apply-now.html\"><strong>Mortgage Loan Top-up<\/strong><\/a>\n  <\/td><td>\n  9.25% onwards\n  <\/td><\/tr><tr><td>\n  <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>Mortgage\n  Overdraft Loan<\/strong><\/a>\n  <\/td><td>\n  9.50% onwards\n  <\/td><\/tr><tr><td>\n  Lease Rental\n  Discounting\n  <\/td><td>\n  9.50% onwards\n  <\/td><\/tr><tr><td>\n  Commercial\n  Property Loan\n  <\/td><td>\n  9.25% onwards\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><strong><em>Note: The interest rates are subject to change without prior notice.<\/em><\/strong><\/pre>\n\n\n\n<p><strong>Q.&nbsp;\nI am an NRI working in Saudi. Can I avail myself of a mortgage loan\nagainst land India?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> Kotak Mahindra Bank NRI mortgage\nloans are not available. Kotak Bank does not provide a plot loan for NRI in\nIndia.<\/p>\n\n\n\n<p>Also,\nread &#8211; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/everything-you-must-know-before-purchasing-a-land-availing-the-land-loans\/\"><strong>Everything you must know before purchasing a land &amp;\navailing the land loans<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/difference-between-home-loan-land-loan\/\"><strong>difference between home loan &amp; land loans<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. Topping up mortgage, is it\npossible?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> It is possible to top-up your\nmortgage with Kotak Bank through Loan Against Property <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/top-up-loans-loanfasttrack\/\"><strong>Top-Up Loans<\/strong><\/a> &amp; <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>Loan Against property Balance Transfer Loans<\/strong><\/a>.<\/p>\n\n\n\n<p><strong>Q. I am an IT tech working in Mumbai\nfor 4 years. I own a house in Bangalore of Rs.60 Lakhs. Can I apply for a\nmortgage loan from Mumbai or do I have to apply for a mortgage loan in\nBangalore? <\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>For quick, better &amp; faster\nservices it is recommended to apply for a loan against property in Bangalore.<\/p>\n\n\n\n<p><strong>Q. Is there any difference in the\nmortgage loan interest rates in Chennai &amp; loan against property interest\nrates in Delhi?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> Kotak Mahindra Bank has uniform\ninterest rates irrespective of the locations\/ cities.<\/p>\n\n\n\n<p><strong>&nbsp;Q. How much is the overdraft limit against\nproperty interest rate?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>Kotak\u2019s overdraft loan against\nproperty interest rates starts from 9.50% p.a. onwards <\/p>\n\n\n\n<p><strong>Q. Will I will be charged a penalty\nfor delayed payment of my EMI?<\/strong><\/p>\n\n\n\n<p><strong>Ans: <\/strong>Yes, you will be charged with a\npenalty for the EMI bounce as per the charges schedule. <\/p>\n\n\n\n<p><strong>Q. Is Kotak Mahindra Bank account\nopening mandatory for a mortgage loan disbursement?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> Kotak Mahindra account opening is\nimportant since the LAP <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/what-is-home-loan-emi\/\"><strong>EMIs<\/strong><\/a> will be served through these accounts.&nbsp; Kotak Mahindra Bank current account is\nmandatory if you are availing of the <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/know-all-about-mortgage-overdraft-o-d\/\"><strong>LAP overdraft facility<\/strong><\/a>. <\/p>\n\n\n\n<p><strong>Q. How to apply for Kotak Bank Loan\nAgainst Property?<\/strong><\/p>\n\n\n\n<p><strong>Ans:<\/strong> You can apply for Kotak LAP loans\noffline by visiting the branch or online by visiting the bank portal as well as\nthe Kotak bank app.<\/p>\n\n\n\n<p>Also,\nread the benefits of applying for <a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/online-vs-offline-home-loan\/\"><strong>online &amp; offline loans<\/strong><\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/loan-against-property-at-lowest-interest-rate-with-loanfasttrack\/\"><strong>Read for more FAQs<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Kotak Mahindra Bank Branches In\nMumbai, Thane &amp; Navi-Mumbai<\/strong><\/h2>\n\n\n\n<p class=\"has-text-align-center has-pale-pink-background-color has-background\"><strong>Kotak Mahindra Bank All Branches In Mumbai<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>Kotak Mahindra Bank Andheri West J\n  P Road<\/strong>\n  (Andheri\n  Manish Garden CHS Ltd; Manish Nagar, JP Road, Mumbai &#8211; 400 053)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Andheri East\n  Sher E Punjab<\/strong>\n  (141,\n  Sher E Punjab CHS Ltd., Off Mahakali Road, Mumbai &#8211; 400093)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Borivali West<\/strong>\n  (Aditya\n  Towers, Chandavarkar Road, Mumbai &#8211; 400 092)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Bhandarkar Road\n  Matunga<\/strong>\n  (Raj\n  Niketan, Bhandarkar Road, Matunga, Mumbai &#8211; 400019)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank Chembur<\/strong>\n  (Basant\n  Vihar Commercial Complex CHS, Dr.C. Gidwani Marg, Near Basant Cinema, Mumbai\n  &#8211; 400074)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Dahisar East<\/strong>\n  (Ram\n  Kumar, Gulmohar&#8221; &#8220;B&#8221; Wing, Ramkunwar Thakur Marg, Dahisar\n  East, Mumbai &#8211; 400068)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Goregaon West<\/strong>\n  (Shop\n  Nos. 3 &amp; 4, Poonam Heights, Udyog Nagar, S.V. Road, Mumbai &#8211; 400062)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Goregaon East<\/strong>\n  (Mastermind\n  1, Unit 235, Adarsh Nagar, Mayur Nagar, Royal Palms, Aarey Colony, Mumba &#8211;\n  400065)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Bank Ghatkopar East<\/strong>\n  (31\n  M.G. Road, Bedeshwar Building, Next To TBZ Showroom, Mumbai &#8211; 400 077)\n  <\/td><td>\n  <strong>Kotak\n  Bank Kandivali West<\/strong>\n  (Unit No. 2, Basement \/ Ground \/ 1St Floor,\n  Heena Gaurav Heights, Building No.2, S V Road, Mumbai &#8211; 400 067)\n  <\/td><td>\n  <strong>Kotak Bank Kalina<\/strong>\n  (159,\n  Ground Floor, Vinay Bhavya Complex, Samsung Building, Kalina, 400098)\n  <\/td><td>\n  <strong>Kotak\n  Bank Lower Parel <\/strong>\n  (Shop No.1, Aum Saheel Tower, Kashinath Dhuru Compound, Opp. Kamala\n  Mills, S.B. Marg, Mumbai &#8211; 400013)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank Mulund West<\/strong>\n  (Marathon\n  Max, Opp RTO, Junction Of LBS Marg And Mulund-Goregaon Link Road, Mumbai &#8211;\n  400 080)\n  <\/td><td>\n  <strong>Kotak Bank Mira Road East<\/strong>\n  (E\n  Wing, Latif Park, Mira Bhayandar Road, Mira Road (East) &#8211; 401107)\n  <\/td><td>\n  <strong>Kotak\n  Mahindra Branch Nariman Point<\/strong>\n  (5 C\/ Ii, Mittal Court,224, Nariman Point,\n  Mumbai &#8211; 400 021)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Santacruz West<\/strong>\n  (Sainara\n  Building, Linking Road, Santacruz (West), 400054)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Bank Sion West<\/strong> \n  (Kotak\n  Mahindra Bank Ltd, Kum Kum CHS ltd, Jain Society, Off Eastern Express\n  Highway, Behind Dominos, Mumbai &#8211; 400022)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Tilak Nagar<\/strong>\n  (24,\n  Sainath Mandir Chowk, Chembur West, Tilak Nagar, Kurla, Mumbai &#8211; 400089)\n  <\/td><td>\n  <strong>Kotak\n  Bank Vasai Manikpur <\/strong>\n  (Ground Floor, Marygreg, Main Road,\n  Manikpur, Vasai (West), Thane &#8211; 401 202)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Vile Parle East<\/strong>\n  (Plot\n  No.5, Gladdiola Building, Hanuman Road, Mumbai &#8211; 400057)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank Branches In Thane, Kalyan, Navi-Mumbai<\/strong>\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank Airoli<\/strong>\n  (Shop\n  No. 3, Sector 6, Manas Co-Op Society, Airoli, Navi Mumbai &#8211; 400708)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Belapur<\/strong>\n  (Sharda\n  Terraces, Plot No 65, Sec &#8211; 11, CBD Belapur, Navi Mumbai &#8211; 400 614)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Kalamboli<\/strong>\n  (Shop\n  No. 9, Shree Apartment, Sector 1 Rd, Sector 1E, Kalamboli, Panvel, Navi\n  Mumbai &#8211; 410218)\n  <\/td><td>\n  <strong>Kotak\n  Bank Kalyan West<\/strong>\n  (Kamla Tower, Rambaug Lane No .1, Santoshi\n  Mata Mandir Road, Thane &#8211; 421301)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak Mahindra Bank Kharghar<\/strong>\n  (Vaibhav\n  CHS Ltd, 28, Sector 11, Kharghar, Navi Mumbai &#8211; 410210)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Koparkhairane<\/strong>\n  (\n  Shop No 2, 3, 4, 5, Channel Tower, Plot No. 75, Sector 18, Kopar Khairane Rd,\n  Navi Mumbai &#8211; 400709)\n  <\/td><td>\n  <strong>Kotak Mahindra Bank Nerul East<\/strong>\n  (Shop\n  25 To 27, Krishnakamal CHS Ltd., Sector 21, Nerul (East) &#8211; 400706)\n  <\/td><td>\n  <strong>Kotak Bank Vashi Palm Beach Road<\/strong>\n  (47\/48,\n  Kotak Mahindra Bank Ltd, Arenja Corner Premises Chs ltd, Palm Beach Road,\n  Sector 17, Vashi &#8211; 400703)\n  <\/td><\/tr><tr><td>\n  <strong>Kotak\n  Bank Thane Hiranandani Meadows<\/strong>\n  (Block No.4 Emerald Plaza, Ground Floor,\n  Hiranandani Meadows, Near Vasant Vihar, Thane &#8211; 400 610)\n  <\/td><td>\n  <strong>&nbsp;<\/strong>\n  <\/td><td>\n  <strong>&nbsp;<\/strong>\n  <\/td><td>\n  <strong>&nbsp;<\/strong>\n  <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>By, <\/p>\n\n\n\n<p>Loanfasttrack<\/p>\n\n\n\n<p><a href=\"http:\/\/www.loanfasttrack.com\"><strong>Loanfasttrack<\/strong><\/a> is a Mumbai-based loan provider\ncompany since 2015 offering loan services in Mumbai on&#8211; <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>housing loan in\nMumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>mortgage loan in\nMumbai<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>personal loan in\nMumbai<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\">,<\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan.html\"><strong>unsecured business loans<\/strong><\/a>,<strong> <\/strong><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan transfer<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>top-up loans<\/strong><\/a>, <a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>loan transfers<\/strong><\/a> and apply for a <a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"><strong>business loan in\nMumbai<\/strong><\/a>. Loanfasttrack is a direct sales associate with leading banks namely,\nICICI Bank, HDFC Ltd, Canara Bank, Citi Bank, Piramal Housing Finance, etc. <\/p>\n\n\n\n<p><strong>Contact Loanfasttrack:<\/strong><strong> <\/strong><\/p>\n\n\n\n<p><strong>Website &#8211;<\/strong><strong> <\/strong><a href=\"http:\/\/www.loanfasttrack.com\"><strong><em>www.loanfasttrack.com<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Email &#8211; <\/strong><a href=\"mailto:info@loanfasttrack.com\"><strong><em>info@loanfasttrack.com<\/em><\/strong><\/a><strong><\/strong><\/p>\n\n\n\n<p><strong>Tel &#8211;<\/strong><strong> <\/strong><strong><em>9321020476<\/em><\/strong><\/p>\n\n\n\n<p>Loanfasttrack\nspecialized services include providing:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The<a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>best bank for home\n<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/best-banks-for-housing-loan-in-india\/\"><strong>loans<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/loan-against-property.html\"><strong>Best Banks For Mortgage Loan In India<\/strong><\/a><strong>.<\/strong><\/li><li>Assured low-interest rates\nfor<a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/mortgage-loan\/apply-online-now.html\"><strong>loan against\nproperty in Mumbai<\/strong><\/a>.<\/li><li>Lowest<a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>home loan rates in\nMumbai<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>Instant loan in\nMumbai<\/strong><\/a><strong> <\/strong>&amp;<a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>home loan in Mumbai<\/strong><\/a><a href=\"https:\/\/www.loanfasttrack.com\/home-loan\/apply-online-now.html\"><strong>.<\/strong><\/a><\/li><li>Instant <a href=\"https:\/\/www.loanfasttrack.com\/personal-loan\/apply-online-now.html\"><strong>personal loan in Mumbai<\/strong><\/a> &amp;<a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/business-loan\/apply-online-now.html\"><strong>business loan in\nMumbai<\/strong><\/a><\/li><li>Low-cost<a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"> <\/a><a href=\"https:\/\/www.loanfasttrack.com\/balance-transfers.html\"><strong>home loan balance transfer<\/strong><\/a>.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Additional\nRead<\/strong><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/home-loan\/axis-bank-home-loan\/\"><strong>Axis\nBank Home Loan<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/how-to-apply-online-for-home-loan-mortgage-loan-loan-transfers-by-loanfasttrack\/\"><strong>How\nTo Apply Online For Home Loan, Mortgage Loan &amp; Loan Transfers<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/processing-of-home-loan-mortgage-loan\/\"><strong>Step-By-Step\nGuide Of Internal Processing Of Home Loan &amp; Mortgage Loan<\/strong><\/a><strong>.<\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/difference-between-personal-loan-loan-against-property\/\"><strong>Difference\nBetween Personal Loan &amp; Loan Against Property<\/strong><\/a><strong>.<\/strong><strong><\/strong><\/li><li><a href=\"https:\/\/www.loanfasttrack.com\/blog\/blog\/finance\/icici-bank-mortgage-loan-for-nri-in-india\/\"><strong>ICICI Bank mortgage loan for NRI in India<\/strong><\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Kotak Mahindra Bank is an example of the fastest-growing private sector bank in India. Kotak offers the loan against property (LAP) popularly referred to as mortgage loan against the collateral of owned &amp; jointly owned residential, commercial, and industrial property at attractive interest rates starting from 9.25% p.a. with flexible repayment tenures up-to 15 years &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,57,329,4],"tags":[757,776,816,608,857,246,244,245,249,248,243,760,815,828,829,814,315,780,278,810,830,831,759,756,614,786,802,789,800,794,804,855,854,797,851,798,852,784,861,785,796,782,853,783,860,858,792,806,859,788,107,790,799,791,803,539,793,856,801,807,787,754,419,51,264,818,775,827,843,10,642,821,811,108,106,105,808,826,825,845,835,824,833,832,823,752,778,561,396,397,313,758,314,328,604,766,774,773,559,847,839,822,779,812,848,740,842,795,768,769,770,820,805,809,838,844,834,841,850,846,836,837,849,813,640,771,767,261,69,763,764,571,755,765,777,772,762,761,286,817,840,819],"class_list":["post-670","post","type-post","status-publish","format-standard","hentry","category-finance","category-home-loan","category-lease-rental-discounting","category-mortgage-loan","tag-30-year-mortgage-rates","tag-50-lakhs-loan-eligibility","tag-apply-for-a-mortgage-loan-in-india","tag-apply-for-mortgage-loan-online","tag-axis-bank-loan-against-property","tag-best-bank-for-loan-against-property-in-mumbai","tag-best-bank-for-mortgage-loan-in-india","tag-best-bank-for-mortgage-loan-in-mumbai","tag-best-loan-against-property-interest-rates","tag-best-mortgage-loan-interest-rates","tag-best-mortgage-rates","tag-best-refinance-rates","tag-can-i-apply-for-mortgage-with-multiple-lenders","tag-can-loan-against-property-be-converted-to-home-loan","tag-can-nri-take-loan-against-property","tag-can-you-have-two-mortgage-applications-at-the-same-time","tag-current-mortgage-loan-interest-rates","tag-eligibility-for-first-time-home-buyer","tag-foreclosure-charges-on-lap","tag-how-is-ltv-calculated","tag-how-much-cibil-score-required-for-loan-against-property","tag-how-much-loan-can-i-get-against-my-property","tag-interest-rate-current","tag-interest-rates-comparison","tag-joint-loan-eligibility","tag-kotak-bank-interest-rate","tag-kotak-bank-lap-rate-of-interest","tag-kotak-bank-loan-against-property","tag-kotak-bank-loan-against-property-interest-rate","tag-kotak-bank-mortgage-loan","tag-kotak-bank-mortgage-loan-interest-rate","tag-kotak-commercial-loan","tag-kotak-commercial-property-loan-interest-rate","tag-kotak-lap-interest-rate","tag-kotak-lap-loan-rate","tag-kotak-lap-rate","tag-kotak-loan-against-property-customer-care","tag-kotak-loan-against-property-interest-rate","tag-kotak-mahindra-bank-commercial-property-loan-interest-rate","tag-kotak-mahindra-bank-interest-rate","tag-kotak-mahindra-bank-lap-interest-rate","tag-kotak-mahindra-bank-loan-against-property","tag-kotak-mahindra-bank-loan-against-property-documents-required","tag-kotak-mahindra-bank-loan-against-property-interest-rates","tag-kotak-mahindra-bank-loan-against-property-rate-of-interest","tag-kotak-mahindra-bank-loan-interest-rate","tag-kotak-mahindra-bank-mortgage-loan","tag-kotak-mahindra-bank-mortgage-loan-interest-rate","tag-kotak-mahindra-bank-mortgage-loan-interest-rates-2022","tag-kotak-mahindra-bank-online-apply","tag-kotak-mahindra-bank-property-loan","tag-kotak-mahindra-loan-against-property","tag-kotak-mahindra-loan-against-property-interest-rate","tag-kotak-mahindra-mortgage-loan","tag-kotak-mahindra-mortgage-loan-interest-rate","tag-kotak-mahindra-top-up-loan","tag-kotak-mortgage-loan","tag-kotak-mortgage-loan-calculator","tag-kotak-mortgage-loan-interest-rate","tag-kotak-offers","tag-kotak-rate-of-interest-for-mortgage-loan","tag-lap-rates-india","tag-lease-rental-discounting-kotak-mahindra-bank","tag-loan-against-property-at-lowest-interest-rate","tag-loan-against-property-balance-transfer","tag-loan-against-property-documents-required-pdf","tag-loan-against-property-eligibility-criteria","tag-loan-against-property-for-construction","tag-loan-against-property-in-gram-panchayat-area","tag-loan-against-property-in-mumbai","tag-loan-against-property-income-tax-benefit","tag-loan-against-property-interest-rates-all-banks","tag-loan-against-property-interest-rates-comparison","tag-loan-against-property-kotak","tag-loan-against-property-kotak-mahindra","tag-loan-against-property-kotak-mahindra-bank","tag-loan-against-property-kotakl-mahindra-bank","tag-loan-against-property-minimum-interest-rates","tag-loan-against-property-nationalised-bank","tag-loan-against-property-presanction","tag-loan-against-property-processing-time","tag-loan-against-property-questions","tag-loan-against-property-tax-rebate","tag-loan-against-property-under-80c","tag-loan-against-property-vs-education-loan","tag-loan-against-property-without-income-proof-in-mumbai","tag-loan-eligibility-for-salaried-person","tag-lowest-interest-rate-mortgage","tag-lowest-lap-loan-interest-rates","tag-lowest-lap-loan-rate-of-interest","tag-lowest-mortgage-loan-interest-rate","tag-lowest-mortgage-loan-rates","tag-lowest-mortgage-rates","tag-lowest-rate-for-mortgage-loan","tag-minimum-cibil-score-for-loan-against-property","tag-mortgage-closing-fees","tag-mortgage-interest-deduction-second-home","tag-mortgage-interest-deduction-taxes","tag-mortgage-interest-rates-in-india","tag-mortgage-loan-100-percent-financing","tag-mortgage-loan-680-credit-score","tag-mortgage-loan-against-vacant-land","tag-mortgage-loan-amount-eligibility","tag-mortgage-loan-comparison","tag-mortgage-loan-emi","tag-mortgage-loan-emi-calculator","tag-mortgage-loan-how-much-can-i-borrow","tag-mortgage-loan-in-kotak-mahindra-bank","tag-mortgage-loan-income-tax-benefits","tag-mortgage-loan-income-tax-exemption","tag-mortgage-loan-interest-deduction-limit","tag-mortgage-loan-interest-rates-in-all-banks","tag-mortgage-loan-interest-rates-in-kotak-mahindra-bank","tag-mortgage-loan-kotak-mahindra","tag-mortgage-loan-nationalised-banks","tag-mortgage-loan-presanction","tag-mortgage-loan-processing-time","tag-mortgage-loan-tax-benefit-india","tag-mortgage-loan-terms-and-conditions","tag-mortgage-loan-vs-personal-loan","tag-mortgage-loan-vs-reverse-mortgage-loan","tag-mortgage-loan-with-400-credit-score","tag-mortgage-loan-with-bad-credit","tag-mortgage-loan-with-low-cibil-score","tag-mortgage-loan-with-low-cibil-scores","tag-mortgage-principal-tax-deduction","tag-mortgage-processing-fee","tag-mortgage-processing-fees","tag-noc-no-objection-certificate-for-home-loan-closure","tag-overdraft-against-property-interest-rate","tag-overdraft-facility-against-property","tag-overdraft-loan-eligibility","tag-rate-of-interest-for-lap-in-india","tag-refinancing-home-loan-in-india","tag-self-employed-loan-eligibility","tag-tax-deduction-on-interest","tag-top-up-loan-against-property","tag-top-up-mortgage-for-home-improvements","tag-top-up-mortgage-loan","tag-what-is-lap-loan","tag-who-offers-interest-only-mortgage-loans","tag-zero-processing-fee-home-loan"],"_links":{"self":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/comments?post=670"}],"version-history":[{"count":3,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/670\/revisions"}],"predecessor-version":[{"id":754,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/posts\/670\/revisions\/754"}],"wp:attachment":[{"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/media?parent=670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/categories?post=670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.loanfasttrack.com\/blog\/wp-json\/wp\/v2\/tags?post=670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}