KMBL

Kotak Announces New Home Loan Interest Rate of 6.55%

Retrieved on: 
Monday, November 8, 2021
Reserve Bank, DIFC, Kotak Mahindra Bank, RBI, Public sector banks in India, Commercial bank, KMBL, Treasury, Reserve Bank of India, Policy, Retail banking, Bank, GLOBE, City, James, Hoyer, Newcomer & Smiljanich, P.A., Group, ATM, Animal, Real estate

Earlier in September, KMBL had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a.

Key Points: 
  • Earlier in September, KMBL had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a.
  • Further, applicants who have received a home loan sanction letter from KMBL by 8November, 2021, can lock in the earlier rate starting at 6.50%* p.a.
  • Ambuj Chandna, President - Consumer Assets, Kotak Mahindra Bank, said, "It was just over a year ago that Kotak took the lead in offering consumers the best home loan interest rates, making home purchases more affordable.
  • Features of Kotak Home Loans:
    To apply for a Kotak Home Loan online, please visit Kotak Home Loans .