Home Loans in Chandigarh | Check Interest Rates, Eligibility & Documents

Own Your Home with Kotak Bank Home Loan

Chandigarh is the capital of Punjab and Haryana, making it a city of immense importance for both states. It is also the first planned city of India. If you plan to own a house in Chandigarh, you can get a Home Loan from Kotak Bank.

Applying for a Home Loan with Kotak Bank is a breeze, whether you're salaried or self-employed. You can apply online or at your nearest branch. Our Home Loans come with flexible repayment tenures and an attractive interest rate.

Features & Benefits

Before applying, check out the features and benefits of our Home Loan in Chandigarh:

Competitive Interest Rate: Kotak Bank Home Loans come with a competitive interest rate, starting at 7.70%* per annum, ensuring both affordability and significant savings.
Minimal Documentation: Say goodbye to a bunch of paperwork. Kotak Bank requires only the essential documents for a smooth application process.
User-Friendly Loan Calculator: Utilise our Home Loan EMI Calculator to make informed decisions and effectively plan your finances.
Flexible Repayment Terms: Based on your financial capabilities and future plans, you can choose a repayment tenure of up to 25 years, ensuring comfortable repayments.
Dedicated Relationship Manager: Benefit from personalised guidance and assistance from our dedicated relationship manager, ensuring a smooth journey from application to approval.

Interest Rates

At Kotak Bank, you can get a Home Loan in Chandigarh at a competitive interest rate.

Customer Type	Effective Rate Of Interest
Floating Category (Repo Rate: 6.50%)
For Salaried	7.70%* per annum onwards
For Self-employed	7.70%* per annum onwards

Eligibility Criteria

To be eligible for a Home Loan from Kotak Bank, you must fulfil the following criteria:

Criteria	Self-employed Applicants	Salaried Applicants
Age	Between 18 and 65 years	Between 18 and 60 years
Citizenship	Indian	Indian
Minimum Monthly Income	Rs. 15,000	Rs. 15,000
Work Experience/ Continuity	A minimum of 3 years in business, practice or profession.	2 years of work experience with at least 6 months in the current organisation.

Documents Required

To proceed with the House Loan in Chandigarh, applicants are required to provide the following documents:

Proof of Identity/Age (PAN Card/ Aadhaar Card*/Driving Licence/Voter ID/Passport)
Address Proof (Driving Licence/Aadhaar Card*/Voter ID/Passport)
Income Proof (Pay Slips and Bank Statements)
Signature Proof (PAN Card/Passport)
Last 3 years’ Income Tax Returns (ITR)
Last 3 years’ balance sheet and profit & loss account certified/audited by a Chartered Accountant (in case of self-employed)
All Property Documents

*Not mandatory

Note: In certain cases, additional documents may be required.