Loan Details

Interest Rate

8.35% onwards

Processing Fee

Up to 1.00%





Up to 12 years

  • Eligibility Factors
  • Documents Required
  • Loan Verification Process
  • Rate of Interest
Kotak Bank Loan Against Property
  • Age: 18 to 65 years
  • Credit score: 650 or above
  • Employment Type: Salaried or Self-employed
  • Income: INR 1.8 Lakhs annually for self-employed and INR 40,000 monthly for
  • Work Experience: 3 years business should be operational with consistent
    profits of 2 years And for salaried: if you are working in a private
    company you should have a graduate degree.


All the applicants are required to submit the below-listed documents with Kotak Bank -

  • Filled up Kotak Bank loan against property application form
  • Recent Photographs
  • ITR of previous 2 years
  • Proof of Identity Proof
  • Proof of Residency
  • Proof of Signature Authenticity

Self-employed candidates are required to submit the documents listed below along with the ones mentioned above –

  • Proof of business establishment
  • Address proof of Business
  • Income Tax Returns
  • Proof of Business continuity of the past 3 years
  • Copy of bank statement of the past 180 days
  • Proof of earnings of the last 6 months

Salaried applicants are required to submit a copy of the following documents besides along with the ones mentioned above -

  • Last 6 months of bank statement showing your income or salary details
  • Copy of salary slip of the past 180 days
  • Copy of all relevant documents showing ownership of property that is to be mortgaged
  • Previous 2 years Form 16
  • Employer’s ID
  • Proof of work experience

Identity Proof (for all borrowers)

  • Driving License
  • Aadhar Card
  • Valid Passport
  • PAN Card
  • Voter ID

Proof of Residential Address (for all borrowers)

  • Utility Bill
  • Receipt of Property Tax
  • Approved Building Plan
  • Valid Passport
  • Voter ID
  • Registered Rent Agreement

Birth Date Proof (for all borrowers)

  • Driving License
  • Valid Passport
  • Voter ID
  • Aadhar Card

Property documents (for all borrowers)

  • Registered Sale Deed
  • Lease Deed
  • Conveyance
  • Past Sale Deeds
  • Receipt of House Tax Return
  • Building Plan approved by Municipal Corporation

The loan verification proceeds in the following stages:

  1. Fill the Kotak Bank loan against property application form and upload it on the official website or wherever required. Submit copies of all the relevant documents required for application verification. It can be quickly done by signing up on
  2. One of our customer care representatives will get back to you within 24 hours and schedule visits for collecting document copies (in case you chose offline submission of documents).
  3. The concerned officials at Citibank verify the documents and the details there. They may visit the property if necessary.
  4. Once your application for loan against property is approved, the loan amount will be disbursed to your account, and you will get a copy of the duly signed loan agreement containing details of loan interest, tenure, loan amount, charges, and penalties.

Kotak Bank offers Loan Against Property at an interest rate from 9.60% onwards.