Kotak Loan Against Property, Interest Rate, Eligibility and EMI Calculator April 2017

 

(Updated on 01.04.17) Kotak Loan Against Property Eligibility Calculator April 2017Loansninsurances.com provides a simple tool to calculate Kotak Mahindra Bank Loan Against Property EMI on the basis of ✓ Loan Amount ✓ Interest Rate ✓ Repayment Options ✓ Processing Charges & more.

Kotak Mahindra Bank offers loan amount ₹ 10 lakhs to ₹ 3 crores or Loans against an existing property you can borrow up to 55% of the cost of the property at  very attractive interest rate @ 12.75% – 15.5%, lowest processing charges with 12 years repayment option, overdraft facility & more.

KOTAK LOAN AGAINST PROPERTY – INSTANT QUOTES ONLINE

Professional Details
Loan Amount
Occupation
Yearly Income
City
Disclaimer: We do not provide Loan Against Property but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks loansninsurances

The eligibility criteria for opting loan against property for self-employed professionals & non-professionals at Kotak Mahindra Bank, applicant age should be in between 21 years to 65 years, annual income should be Rs. 1,44,000 as per the P&L, at least 3 years firm/business operation and firm/company should be making cash profits for the last two years.

The formula for EMI (in arrears) is:
emi-calculator

Where E is EMI, P is Principal Loan Amount, r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 12.75% per annum, then r = 12.75/12/100=0.0106) and n is loan term / tenure / duration in number of months

Kotak Mahindra Bank Loan Against Property EMI Calculator

Kotak Mahindra Bank Loan Against Property EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Peroperty Loan EMI within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

For example a customer applied for property loan ₹ 36,00,000 amount, interest rate given by Kotak Mahindra Bank is 12.75% for 144 months (12 years). Now you should have to check how much emi, interest amount you will pay for your Loan Against Property.

LOAN AMOUNT INTEREST RATE (%) LOAN TENURE EMI INTEREST AMOUNT
₹ 36,00,000.00 12.75% 144 months ₹ 48931 ₹ 34,46,095

Now you should have to figure out yearly basis property loan amount. Follow the given table for complete break up. These values calculated on Feb 01, 2017.

Year Principal Amount (X) Interest Amount (Y) Principal + Interest Amount (X + Y) Outstanding Balance
2016 ₹ 1,23,938 ₹ 4,14,305 ₹ 5,38,243 ₹ 34,76,062
2017 ₹ 1,52,696 ₹ 4,34,479 ₹ 5,87,175 ₹ 33,23,366
2018 ₹ 1,73,343 ₹ 4,13,831 ₹ 5,87,175 ₹ 31,50,023
2019 ₹ 1,96,783 ₹ 3,90,392 ₹ 5,87,175 ₹ 29,53,240
2020 ₹ 2,23,392 ₹ 3,63,782 ₹ 5,87,175 ₹ 27,29,848
2021 ₹ 2,53,599 ₹ 3,33,575 ₹ 5,87,175 ₹ 24,76,248
2022 ₹ 2,87,891 ₹ 2,99,283 ₹ 5,87,175 ₹ 21,88,357
2023 ₹ 3,26,820 ₹ 2,60,354 ₹ 5,87,175 ₹ 18,61,536
2024 ₹ 3,71,013 ₹ 2,16,161 ₹ 5,87,175 ₹ 14,90,523
2025 ₹ 4,21,182 ₹ 1,65,992 ₹ 5,87,175 ₹ 10,69,341
2026 ₹ 4,78,135 ₹ 1,09,040 ₹ 5,87,175 ₹ 5,91,206
2027 ₹ 5,42,789 ₹ 44,386 ₹ 5,87,175 ₹ 48,417
2028 ₹ 48,417 ₹ 514 ₹ 48,931 ₹ 0
LIST OF KOTAK MAHINDRA BANK BRANCHES NEW DELHI
Contact Address IFSC Code MICR Code
Kotak Mahindra Bank Ltd, A 23 ,Yojna Vihar, New Delhi 92 KKBK0000211 110485041
Vishal Enclave Branch- New Delhi Ground Floor, Plot No 8, Block-C, Vishal Enclave, New Delhi-Pin -110027 KKBK0004588 NA
Vasant Kunj Branch-Delhi Ground Floor, Unit No.Gf-8, First Floor, Unit No.F-8, Vasant Square Mall, Plot No., Community Centere, Pocket V, Sector B, Vasant Kunj, Delhi-110070 KKBK0004597 NA
4 Lsc, Sector-C, 6 & 7, Vasant Kunj, New Delhi – 110 070. KKBK0000216 110485053
Sda Market Branch-New Delhi Ground Floor & Basement, Plot No.19- Block C, Community Center, Safdarjung Development Area, New Delhi-110016 KKBK0004556 NA
Rohtak Road – New Delhi, Ground Floor, 65/2, New Rohtak Road Karol Bagh, New Delhi Pin 110005 KKBK0004580 500485255
Prashant Vihar Branch-New Delhi Ground Floor, Plot No.7, Block No. C-3, Prashant Vihar , New Delhi Pin :- 110085 KKBK0004585 NA
Hauz Quzi, Unit No.3372-3382, Chawri Bazar, Delhi – 110 006 KKBK0000213 110485048
Gr Floor & Basement Floor, 4053, Kalkaji Chittranjan Park, New Delhi-110019 KKBK0004593 NA
Ground Floor, Plot Number 2, Block Number F, East Of Kailash, New Delhi-110048 KKBK0004583 NA
LIST OF KOTAK MAHINDRA BANK BRANCHES MUMBAI
Contact Address IFSC Code MICR Code
The National Co-Op Bank Ltd Sanpada Sai Kala, Shop No. 11&12, Plot No. 22 & 23, Bldg A. Sector – 30 Sanpada Navi Mumbai 400 705 KKBK0TNCB07 400409007
E Wing, Latif Park, Mira Bhayandar Road, Mira Road (E),Thane, Maharashtra – 401107. KKBK0000649 400485051
Raj Niketan, Bhandarkar Road, Matunga, Mumbai Maharashtra – 400 019 KKBK0000644 400485049
Shivdham Complex, Dindoshi Onkar C.H.S, Gen. A. K. Vaidya Marg, Dindoshi, Malad (E) Maharashtra – 400 097 KKBK0000646 400485048
Shop No: 2, 3 & 3A, Kismet Building, 81, Nathalal Parikh Marg (Wodehouse Road), Nr. Sassoon Dock, Colaba, Mumbai. Maharashtra – 400 005 KKBK0000648 400485047
Gr. Flr. Khetan Bhavan, 198, Jhamshedji Tata Road, Churchgate, Mumbai Maharashtra – 400 020 KKBK0000647 400485050
Unit No. G003, Ground Floor, Sharda Teraces, Plot No. 65 Sector Ii, Cbd Belapur, Navi Mumbai-400021 KKBK0000660 400485052
LIST OF KOTAK MAHINDRA BANK BRANCHES in CHENNAI
Contact Address IFSC Code MICR Code
Ground Floor, Door No.41/348/1, Valachery Main Road, First Segment, Vijayanar, Velachery, Chennai-600042 KKBK0000473 600485012
Sowcarpet Branch-Chennai First Floor, Door No.280, Old No.377, Mint Street, Sowcarpet, Chennai-600079 KKBK0008478 NA
R K Salai Branch-Chennai, Ground Floor, Door No-96, Dr.Radhakrishnan Salal, Mylapore Chennai-600004 KKBK0008476 600485017
Ground Floor, T S S Manore, Plot No 10, Lakshmi Nagar, Arcot Road, Porur, Chennai 600 116 KKBK0000472 600485010
Nungambakkam Branch-Chennai Ground Floor & Mezzanine, Apeejay House, 39/12, Haddows Road, Nungambakkam, Chennai-600006 KKBK0008471 600485014
Ground Floor, Door No.3, Plot No.3, Rathnapuri Main Road, Koyembedu, Chennai -600 107, Taluka & District – Chennai. KKBK0008477 NA
Kilpauk Branch- Chennai, Ground Floor, & Mezanine Floor, Jade Terrace, Door No.27/1,-A, Balfour Road, Kilpauk-Chennai-600010 KKBK0008474 600485016
Gr And 1St Floor Veena New No 27 1 Old No 13 1 Main Road Raja Annamalaipuram Chennai 600028 KKBK0008481 NA
LIST OF KOTAK MAHINDRA BANK BRANCHES in BANGALORE
Contact Address IFSC Code MICR Code
Kotak Mahindra Bank Limited Ground Floor No.687, MIG, Sector A Yelahanka New Town, New 3rd Stage Extension, Bangalore -560064 KKBK0008034 560485016
Bangalore Tunga Complex 7th Block Jayanagar Branch Pin Code 560082 KKBK0008039 NA
Kotak Mahindra Bank Limited Silver Jubilee Park Road Branch- Bangalore, Ground Floor, First Floor, Second Floor, No.50, Silver Jubilee Park Road, Bangalore-560042 KKBK0008038 560485020
Bangalore Tunga Complex 7th Block Jayanagar Branch Pin Code 560082 KKBK0008039 NA
Mysore Silk Cloth Merchant Co Op Bank Ltd Bangalore Branch ‘No: 730, 14Th Main, 1St Stage, Near Kumaraswamy Layout Police Station, Bangalore- 560078 KKBK0MSCMB2 NA
Mysore Silk Cloth Merchant Co Op Bank Ltd Bangalore Branch ‘1/1, Sanjeeva Naik Lane, Avenue Road Cross, Bangalore- 560002 KKBK0MSCMB1 NA
Kotak Mahindra Bank Limited Rajarajeshwari Medical Collage & Hospital, Moogambigai Charitable & Educational Trust, Survey No. 202, Kambipura Village, Kengeri Hobli, Coming Within Kumbalgodu Panchayat, Mysore Road, Bangalore – 560074 KKBK0008037 560485019
Shop No 58 & 59 Sree Bhavani Housing Co T Block Banashankari Kathriguppe Bangalore – 560085 KKBK0000427 560485007
Ground Floor, 837/1, Binnamangla, 1St Stage, Indiranagar, 100 Ft Road, Bangalore, Karnataka – 560 038 KKBK0000431 560485012
Heera Paradise 487 9Th Main Rd , 4Th Block Jaynagar , Bangalore – 560 011 KKBK0000421 560485005
I.T.Park, Unit – G 40 & 41 Lower Gr. Flr-Retail Mall Area Extn.Sadarnagala/Pattandur Agrahara Whitefield Road Bangalore – 560 066 KKBK0000418 560485003
Ground Floor, Sarjapura Main Road, Koramangala 1st Block, Jakkasandra, Bangalore – 560 034 KKBK0000430 560485011
The Pinnacle, Ground Floor, No 8 5th Block Koramangala Bangalore Karnataka 560 076 KKBK0000424 560485004
Ground Floor Fortuna Square Site No 41 And 42 Sahakara Nagar Bangalore 560092 KKBK0008045 NA
Kotak Mahindra Bank Ltd.10/7 , Umiya Landmark Lavelle Road Next To Chancery Hotel Bangalore Karnataka – 560 001 KKBK0000422 560485002
LIST OF KOTAK MAHINDRA BANK BRANCHES in HYDERABAD
Contact Address IFSC Code MICR Code
Plot No : 273, Mig -1, H.No : 24-15-273,KPHB Colony, Kukatpalli, Hyderabad. Pin Code – 500072 KKBK0VCBL01 500485257
D.No : 2-2-275, Nagole X Road, Behind Bpcl, Petrol Bunk, Nagole, Hyderabad,Pin – 500068 KKBK0VCBL02 500485257
H.No : 11-9-8,Abhiteja , Rb Castle, Ground Floor 4 & 5, Nagole Road,Lakshmi Nagar Colony, Kothapet,Hyderabad, Pin – 500 035 KKBK0RRUB01 500485261
The Mahanagar Co Operative Urban Bank Limited Sanjeev Reddy Nagar 248/3Rt Sanjeev Reddy Nagar X Roads 500038 KKBK0MCUB03 500485254
Mehdipatnam 10-3-13 Famous Plaza Humayaun Nagar, Opp Humayun Nagar Police Station Mehdipatnam 500028 KKBK0MCUB02 500485254
The Mahanagar Co Operative Urban Bank Limited Kachiguda 3-1-299 Nimboliadda Kachiguda 500027 KKBK0MCUB01 500485254
D.No : 17-1-383/104/ A-6, Vinay Nagar Colony, Santosh Nagar X Roads, Saidabad, Hyderabad. A.P. Pin Code : 500 059 KKBK0DCUB01 500485253
6-3-124/A, Opp. Hpcl Petrol Pump Fatehnagar X Roads Balanagar Hyderabad 500037 KKBK0ACUB02 NA
Gr Floor, Shreeja Classic, Plot No. 51. H No. 1-6-51/E/1, Anupuram Main Rd ( As Roa Nagar), Kapra Village & Circle, Ghmc, Hyderabad-500038 KKBK0000565 500485011
D.No : 5-26, First Floor,Near Dilsukhnagar Bus Depot,Main Road, Dilsukhnagar, Hyderabad. Pin – 500 060 KKBK0CCUB01 500143259
Ground Floor Corporation No 5 2 134 Rashtrapathi Road Kingsway Secunderabad Hyderabad 500003 KKBK0007529 NA
Jagruti Cooperative Urban Bank Ltd Sainikpuri 38-10/3, Vayupuri, Sainikpuri Post, Secunderabad -500094 KKBK0JCUB01 500485258
Ground Floor, Door No. 16-10-1/S/46, Plot No 46, Sai Krupa Market, Mahaboob Mansion, Malakpet – 500036 KKBK0007446 NA
Navabharat Co-Operative Urban Bank Ltd A S Rao Nagar Lig A 12, Dr A S Rao Nagar, Hyderabad. A.P. Pin – 500062 KKBK0NCUB01 500485259
Navabharat Co-Operative Urban Bank Ltdbalaji Nagarnavabharat Coop Bank,Sai Baba Arch Road,Balaji Nagar,Jahawar Nagar Post,Secunderabad. Pin – 500087 KKBK0NCUB02 500485259
Rajadhani Co Operative Urban Bank Ltd Begum Bazar H. No. 15-8-216 & 217, Sri Ram Complex, Doodkhana, Begum Bazar, Hyderabad-500012 KKBK0RCUB02 500143260
Rajadhani Co Operative Urban Bank Ltd Main Branch, Barkatpura H. No. 3-4-1005/2/1, Indrani Complex, Barkatpura, Hyderabad-500027 KKBK0RCUB01 500143260

 

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Kotak Loan Against Property, Kotak LAP Interest Rate
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