Kotak Mahindra Bank
Private bank · Kotak Home Improvement Loan · Best rate currently: 10.75%
Interest rate
10.75% – 13.50%
Tenure
3 – 15 years
Max loan
₹25.0 lakh
Processing fee
₹1,500 + 1.00%
Prepayment penalty
2.00%
Min credit score
720
About this loan
[PLACEHOLDER] Kotak Mahindra Bank explicitly markets RWH installation as an eligible use of its Home Improvement Loan. Rates and terms reflect public disclosures; verify on the bank's portal before applying.
Documents required
- PAN
- Aadhaar
- Address proof
- Income proof
- Bank statements (6 mo)
- Property documents
- Renovation quotation
Application steps
- 1Apply on Kotak portal
- 2Documents online or at branch
- 3Branch verifies
- 4Sanction
- 5Disbursement
EMI illustration
For a loan of ₹2,00,000 at 10.75% over 5 years, your EMI would be approximately:
₹4,324/month
Illustrative only. Final EMI depends on credit score, approved rate, and exact tenure. Verify on the bank's portal.
Disclaimer
RainbowHome is not a regulated lender. We surface rates and terms published by the lender; we do not collect KYC documents, do not process applications, and earn no spread on the loan. The "Apply" button below opens the lender's own page. Rates and terms shown are public information; verify on the bank's portal before applying.