Attractive Features of Cosmos Home Loan
Fast Processing
Easy processing of the loan
ROI
Interest levied on daily reducing balance.

Loan sweet loan!

Roti. Check. Kapda. Check. Makaan. Also check…. Make your dream easy with Cosmos Home Loan. Cosmos offers a repayment period of 20 years for the purchase of flat, row houses or even to construct your dream home. Attractive ROI and loan margins and loan charges makes this scheme by far the best bet at realizing your dream home.

Owning a home is an achievement of a lifetime. You will only really buy it once, and it has to be absolutely perfect; anything less just won’t do.

At Cosmos Bank, we understand exactly how much it means to have your own home.

The Cosmos Home Loan Scheme is designed just so you can get that perfect home you always wanted, at a price that you can afford; all with minimum amount of fuss and maximum comfort.

Loan Highlights
  • ROI % p.a. - Floating (Existing)
    Upto Rs 35.00 Lakh –
    7.80% CIBIL Score Above 800
    8.15 % CIBIL Score Above 750 to 800
    8.50 % CIBIL Score Above 700 to 750
    9.05% CIBIL Score Below 700 (with Deviation only)
    Above Rs. 35.00 Lakh to Rs. 70.00 Lakh-
    8.20 % CIBIL Score Above 800
    8.55 % CIBIL Score Above 750 to 800
    8.90 % CIBIL Score Above 700 to 750
    9.30 % CIBIL Score Below 700 (with deviation only)
    Above Rs. 70.00 Lakh to Rs. 1.40 Crore –
    8.10 % CIBIL Score Above 800
    8.35 % CIBIL Score 750 to 800
    8.60 % CIBIL Score 700 to 750
    9.00 % CIBIL Score Below 700
    Above Rs. 1.40 Crore to Rs. 3.00 Crore –
    8.10 % CIBIL Score Above 800
    8.35 % CIBIL Score 750 to 800
    8.60 % CIBIL Score 700 to 750
    9.00 % CIBIL Score Below 700
  • Loan Limit
    Up to Rs. 3.00 Crore per borrower. (Including Top Up loan for renovation, repairs & decoration.)
  • Time of Disbursement
    Easy processing of the loan
  • ROI % p.a. - Fixed (New)
    Upto Rs 35.00 Lakh –
    8.80% CIBIL Score Above 800
    9.15 % CIBIL Score Above 750 to 800
    9.50 % CIBIL Score Above 700 to 750
    10.05% CIBIL Score Below 700 (with Deviation only)
    Above Rs. 35.00 Lakh to Rs. 70.00 Lakh-
    9.20 % CIBIL Score Above 800
    9.55 % CIBIL Score Above 750 to 800
    9.90 % CIBIL Score Above 700 to 750
    10.30 % CIBIL Score Below 700 (with deviation only)
    Above Rs. 70.00 Lakh to Rs. 1.40 Crore –
    9.10 % CIBIL Score Above 800
    9.35 % CIBIL Score 750 to 800
    9.60 % CIBIL Score 700 to 750
    10.00 % CIBIL Score Below 700
    Above Rs. 1.40 Crore to Rs. 3.00 Crore –
    9.10 % CIBIL Score Above 800
    9.35 % CIBIL Score 750 to 800
    9.60 % CIBIL Score 700 to 750
    10.00 % CIBIL Score Below 700
  • Repayment Period
    Repayment period for Home Loan will be 20 years. In case of takeover, unexpired period or 20 yrs; whichever is less.
  • Prepayment Charges
    Nil
Process Charges
  • Up to Rs. 50 Lakh : Rs. 5000/- + GST
  • Above Rs. 50 Lakh to Rs. 1.00 Crore : 10000/- + GST
  • Above Rs. 1.00 Crore to Rs. 3.00 Crore : Rs. 15000/- + GST
    • ( No relaxation in processing fees )
Foreclosure Charges
  • Nil
Eligibility
  • Please contact the branch for information
Facility
  • Registered mortgage of house property
  • Comprehensive Insurance cover of the flat/property as per bank’s policy.
Documents Required
  • Latest Photograph, Photo Identity Proof, Residence proof of the Applicant and Guarantors/li>
  • In case of salaried person, salary slips for last 3 months and bank statement for last 6 months.
  • ITR for 3 years In case of businessman, last 2 years profit & loss, ITR copies of last 3 years, balance sheet and bank statement of business account for last 6 months.Legal Documents required for creating mortgage.
Loan Margin
  • Up to Rs. 100.00 Lakh
    Purchase of New Flat - Loan can be extended up to 90% on Agreement Value + Stamp duty + Registration charges.
    For purchase of Resale Flat -Loan can be extended up to 85% of the Agreement Value + Stamp duty + Registration charges.OR Valuation whichever is less.
    For takeover from other bank (for remaining repayment period only) - Loan can be extended up to 85% of Agreement Value + Stamp duty + Registration charges.OR O/s balance + Undisbursed portion with other bank whichever is less.
  • Above Rs.100 Lakhs Up to Rs. 300.00 Lakh
    For New flat - Loan can be extended up to 80% on Agreement Value + Stamp duty + Registration charges.
    For Resale - 80% of the Agreement Value + Stamp duty + Registration charges. OR Valuation whichever is less.
    For Takeover (for remaining repayment period only) - 80% of Agreement Value + Stamp duty + Registration charges. OR O/s balance O/s balance + Undisbursed portion with other bank whichever is less.

Get In Touch

Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Cosmos Bank

Enquire Now
Ideal for people
  • For purchase of Flat
  • Row Houses
  • Construction of Houses
Good to Know
  • Guarantors: Two guarantors acceptable to the Bank will have to be provided. All title documents required.
  • Form: Form Available at Branches

*Terms and Conditions Apply