Kotak Mahindra Bank Home Loan Balance Transfer

Kotak Mahindra Bank Home Loan Balance Transfer (HLBT) Highlights
Interest Rate	7.99% p.a. onwards
Tenure	Up to 20 years, or outstanding tenure of proposed loan

Rates as of 21 August 2025

Kotak Home Loan Balance Transfer Interest Rates

Kotak Mahindra Bank Home Loan Balance Transfer interest rates are the same as the interest rates for Kotak Mahindra Bank Home Loan. The interest rates for Kotak Bank Home loan balance transfer start from 7.99% p.a. onwards depending on the credit profile of the applicant.

Compare Kotak Bank Home Loan Balance Transfer Interest Rates with Other Lenders

Name of Lender	Loans of Up to Rs. 30 Lakh
Bank of India	7.10% p.a. onwards	Check Eligibility
State Bank of India	7.25% p.a. onwards	Check Eligibility
Punjab National Bank	7.20% p.a. onwards	Check Eligibility
Canara Bank	7.15% p.a. onwards	Check Eligibility
HDFC Bank	7.90% p.a. onwards	Check Eligibility
Bajaj Housing Finance	7.40% p.a. onwards	Check Eligibility
ICICI Bank	7.65% p.a. onwards	Check Eligibility
Axis Bank	*8.25% p.a. onwards	Check Eligibility
Federal Bank	*7.90% p.a. onwards	Check Eligibility
Kotak Mahindra Bank	7.70% p.a. onwards	Check Eligibility
IDFC FIRST Bank	8.85% p.a. onwards	Check Eligibility
IDBI Bank	7.35% p.a. onwards	Check Eligibility
RBL Bank	8.20% p.a. onwards	Check Eligibility
Tata Capital Housing Finance	7.75% p.a. onwards	Check Eligibility
PNB Housing Finance	*7.20% p.a. onwards	Check Eligibility
Sammaan Capital (Formerly known as Indiabulls Housing Finance)	8.75% p.a. onwards	Check Eligibility
India Shelter Home Loan	8.43% p.a. onwards	Check Eligibility
L&T Finance Limited	*8.40% p.a. onwards	Check Eligibility
Godrej Housing Finance	7.75% p.a. onwards	Check Eligibility
Home First Finance	8.00% p.a. onwards	Check Eligibility
Easy Home Finance	8.99% p.a. onwards	Check Eligibility
Piramal Capital Housing Finance	*8.25% p.a. onwards	Check Eligibility
Shubham Housing Finance	10.45% p.a. onwards	Check Eligibility
Punjab & Sind Bank	7.30% p.a. onwards	Check Eligibility
Jio Housing Finance	8.20% p.a. onwards	Check Eligibility
HDFC Sales Pvt Ltd	7.90% p.a. onwards	Check Eligibility

Eligibility Criteria for Kotak Mahindra Bank Home Loan Balance Transfer

For Individuals

• Minimum age of the applicant should be 18 years at the time of home loan application.
• Maximum age of the applicant should be 60 years (65 years for self-employed) at the time of loan maturity.
• Minimum monthly income of the applicant should be Rs 15,000 (Rs 20,000 for residents of Delhi, Mumbai, Pune, Bangalore and Chennai) .
• Individuals employed with a private limited company or a partnership firm should have a Bachelor’s degree.
• No minimum qualification is required for applicants employed with Public Limited Company/MNC/Public Sector Undertaking.

For HINDU Undivided Family (HUF)

• Minimum net income- Rs 1.8 lakh p.a. (Rs 2.4 lakh p.a. in Delhi, Mumbai, Bangalore, Chennai and Pune)
• Should have existed for at least 3 years
• Applicant or co-applicant should be Karta of HUF

Documents Required for Kotak Mahindra Bank Home Loan Balance Transfer

For Salaried Individuals:

• ID Proof and Address Proof- PAN/Voter ID/Driving License/Passport
• Income Proof- Bank statements/salary slips/Latest Form 16/ITR
• Signature proof
• Proof of educational qualifications

For Self-employed Individuals:

• ID Proof and Address Proof- PAN/Voter ID/Driving License/Passport
• Income Proof and Banking Details- Current account statement/ITR/Balance sheet and P&L statements attested by CA
• Proof of educational qualifications
• Signature Proof

How to Apply for Kotak Mahindra Bank Home Loan Balance Transfer

Applicants can apply for Kotak Bank Home Loan by either visiting the bank branches or by applying through the ‘Apply Now’ section or ‘Request a call back’ option provided in its website. They can also visit financial marketplaces like Paisabazaar to apply for Kotak Mahindra Bank Home Loan Balance Transfer.