Check Loan Against Property Interest Rates, Fees & Charges - Kotak Mahindra Bank

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What are the charges I need to pay to foreclose my loan against property?

For foreclosing the loan, there are foreclosure charges levied which are subjected to bank’s policy.

What us an Overdraft facility?

An Overdraft facility is a facility linked to your current account wherein you can utilize the limit 

as per your requirement and service interest on the utilized limit. The limit is dropped on yearly basis.

Do I need to get my OD renewed on a yearly basis?

No, you do not need to renew the OD on yearly basis.

How is my Rate computed?

Your rate is linked to 6 Month MCLR and the same is subject to change from time to time.

Loan Against Property

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