Kotak Bank Unveils Hybrid Home Loan, Borrowers Can Lock Rates For 65 Months
New Delhi: Kotak Mahindra Bank has launched a hybrid home loan that allows borrowers to lock their interest rate for up to 65 months, offering greater certainty over monthly repayments during the initial years of home ownership. The product allows customers to select a fixed-rate period of 39, 52 or 65 months. During this period, both the interest rate and equated monthly instalment (EMI) will…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
