Kotak Mahindra Bank announces new home loan interest rate of 6.55 percent – Check details
Kotak Mahindra Bank today announced a new home loan interest rate of 6.55% p.a. This will be valid from 9th November to 10th December, 2021 (both days inclusive).
Kotak Mahindra Bank is offering home buyers one of the lowest interest rates in the market. Earlier in September, the bank had kick-started the festive season by introducing home loan interest rates beginning at 6.50% p.a. It was a limited period festive season offer that ends today (8th November 2021).
In a statement, the bank said that applicants who have received a home loan sanction letter from KMBL by 8th November, 2021 can lock in the earlier rate starting at 6.50% p.a. if the loan is disbursed in the next seven days i.e. by 15th November, 2021.
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