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Give your home an upgrade without having to worry about the expenses. Opt for a house renovation loan. Kotak Mahindra Bank’s Home Improvement Loans have these features and benefits:
Avail of home repair loans up to 90 % of your requirement.
Get flexible repayment tenures, with a maximum of 25 years. Your retirement age and profile are important determining factors.
Individuals as well as joint owners can apply for a house renovation loan.
Apply for a home renovation loan from Kotak Mahindra Bank, today!
When borrowers apply for home repair loans, the lending bank checks various factors to analyse their repayment capacity. To avail of a home renovation loan from Kotak Mahindra Bank, these eligibility criteria are taken into consideration:
A home renovation loan eligibility calculator can help you find out the house renovation loan amount that you can avail of. So, check your eligibility and apply for a house renovation loan from Kotak Mahindra Bank.
The home renovation loan interest rate determines your monthly installment amount. Kotak Mahindra Bank charges a home renovation loan interest rate depending upon your nature of employment.
Your interest rate depends on your eligibility. So, make sure to check your house renovation loan eligibility before applying for a home renovation loan. Kotak Mahindra Bank has simple eligibility criteria for all our borrowers.
In order to avail of home improvement loans, borrowers have to submit a few documents. The lending bank then makes the decision regarding the disbursement of the house renovation loan based on these documents. For a home renovation loan from Kotak Mahindra Bank, you need to submit:
If all your documents are clear, your home renovation loan application will be processed and a bank executive will soon contact you.
Oftentimes, the process of getting home improvement loans becomes complex. But with Kotak Mahindra Bank, you need not worry about getting trapped in the intricacies of the application process, as it is convenient and hassle-free. Just follow these simple steps:
Apply for a Kotak Mahindra Bank House Renovation Loan now!
Learn all about Home Loan
A home renovation loan helps you to fund the expenses to upgrade your home. Whether it is renovation or repair work, a home renovation loan can take care of your financial needs when redoing your house or simply fill the gap in your funding. Kotak Mahindra Bank provides great deals on home improvement loans.