Cosmos Home Loan

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

Loan Limit
Up to Rs. 300.00 Lakhs per borrower. (Including Top Up loan for renovation, repairs & decoration.)

Rate of Interest (FLOATING ROI) W.e.f. 05.06.2025
Upto Rs 35.00 Lakhs –
7.95% CIBIL Score Above 800
8.30 % Above 750 to 800
8.65 % Above 700-750
9.20% Below 700 (with DEviation)
Above Rs. 35.00 Lakh to Rs. 70.00 Lakhs-
8.35 % CIBIL Score Above 800
8.70 % Above 750 to 800
9.05 % Above 700-750
9.45 % Below 700 (with deviation only)
Home Loan above Rs. 70.00 Lakhs to
Rs. 300.00 lakhs –
8.85 % CIBIL score Above 800
9.10 % Above 750 to 800
9.35 % Above 700-750
9.85 % Below 700 (with deviation only))

Time of Disbursement
Easy processing of the loan

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. 100 Lakhs : 10000/- + GST
Above Rs. 100 Lakhs to Rs. 300 Lakhs : Rs. 15000/- + GST

( No relaxation in processing fee’s )

Foreclosure Charges

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