How can I get a Private mortgage in 3 seconds?
All you have to do is test your eligibility for a preapproved mortgage by clicking right here,
choose the mortgage quantity, tenure and settle for the phrases and situations of the mortgage and the mortgage quantity might be credited in your Kotak Checking account in 3 seconds. This provide is for preselected Kotak Financial institution clients and is a restricted interval provide.
What’s the process for private mortgage half prepayment?
We don’t provide a component prepayment facility in your private mortgage account.
Is it doable to alter my private mortgage Installment date? Are there any expenses relevant?
Sure, it’s doable to alter the Installment date. The dates can be found between fifth and tenth of each month.
Altering of EMI date will entice rescheduling expenses and PDC Swap expenses* per occasion plus relevant service tax. You would want to supply a written request mentioning the rationale for the EMI date change and ship the rescheduling expenses to us 7 working days pre/7 working days put up the EMI date.
When can I swap my PDC’s and what are the costs?
PDC’s must be swapped not less than 7 working days pre/7 working days put up the Installment date.
What do I must do, in case I wish to go for an ECS mode for making my Installment funds as an alternative of PDC?
You’ll want to do the followings:
- You would want to signal an ECS Mandate kind.
- One safety cheque to be drawn in favor of ‘Kotak Mahindra Financial institution’. This cheque must be undated and clean, and on the backside, it wants to say ‘No more than the mortgage quantity’.
- Six safety cheques to be drawn in favor of ‘Kotak Mahindra Financial institution ‘.This cheque must be undated and clean, and on the backside, it wants to say ‘No more than 3 times the EMI quantity’
- PDC swap expenses* might be relevant at Rs. 500/- per occasion plus relevant service tax.