Published On: Fri, Aug 28th, 2009

Kotak Mahindra Bank

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Kotak Mahindra Bank
Relaxable conditions ( on a case – to – case basis)

Maximum Age of Building : 30 yrs
Min. Disp Income : Rs 144000
No. of years after establishment of the business : 3 yrs
Annual Sales : Rs 144000
Business was profitable for the last : No yrs

Additional Conditions

No. of guarantors required : 1
Security required : Equitable mortgage
Collateral required : No
Refinance Charge : 2%
Free Personal Accident cover : Provided by company
Free Personal Property Insurance : Not Provided by company
Days taken to process/disburse loan : 15 working days

Other Comments

Other Benefit : Free accident cover

Company Profile
The Kotak Mahindra Group Kotak Mahindra is one of India’s leading financial institutions, offering complete financial solutions that encompass every sphere of life. From Banking, to Stock Broking, to Mutual Funds, to Life Insurance, to Investment Banking, the company caters to the financial needs of individuals and corporates. Kotak has a group net worth of around Rs.1,400 crore and currently employs over 2,500 dedicated employees in its various businesses. With a presence in about 50 locations in India and offices in New York, London, Dubai and Mauritius, the group currently services a customer base of over 5,00,000. The group has international partnerships with Goldman Sachs (one of the world’s largest investment banks and brokerage firms), Ford Credit (one of the world’s largest dedicated automobile financiers) and Old Mutual (a large insurance, banking and asset management conglomerate). Kotak Home Loans offer you simple ways to pay for that house you’ve been saving up for along with the flexibility of tenure, amount and payment options. Upgrading to a more spacious home is easier than ever before and the speed of Kotak Home Finance ensures you move without a hitch. Finally you can own the home you always wanted
Products:
Home loans to both Indian and NRI customers at floating and fixed rate of interest.
· Loans to construct / buy a new home
· Loans for home extension
· Loans against mortgage of property

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  1. RAVINDER says:

    hello sir, we are very much intrested in taking loan against property, but i am not able to find out ur nearest branch . could you help me out.. well my mobile no is 9896253597. iam waiting 4 ur call.. plz give me reply..

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