Why get your home loan from Cosmos Co-operative Bank?
Legacy and local trust Cosmos Bank has been around since 1906,
which makes it one of India's oldest co-operative banks. They are all about helping the
community financially and have a strong presence in cities and smaller towns.
Flexible options : Whether you are buying your first simple home
or investing in something fancier, Cosmos has options for people who are employed,
self-employed, professionals, and business owners.
Reasonable Rates: They have clear interest rates that depend on
your credit, so you know you are getting a fair deal without surprises.
Quick and personalized service: They keep minimum paperwork,
superior local advisors, and focus on great customer support, which all adds up to a smooth loan
process.
Apply Online with TyTil : You can easily
compare and apply for Cosmos Cooperative Bank home loans online through
TyTil , which saves you time and effort.
Cosmos Co-operative Bank Home Loan Products
Standard Home Loan : Get money to buy a new or old flat, house,
row house, or even build a new place.
Home Building Loans: Build your dream home on land you already
own with home building loans.
Cosmo Gram Gruh Yojana: In this yojna, the Home loan helps you
buy or build in rural areas.
Balance Transfer and top up : Move your current home loan to us
for better rates, and get some extra cash too.
Home Improvement/Expansion : Loans for fixing up your home, doing upgrades, or
adding on some space.
Cosmos Co-operative Bank Home Loan Interest Rates
| Loan Amount |
CIBIL Score |
Interest Rate (p.a.) |
| Up to ₹35 lakh |
Above 800 |
7.95% |
| 750–800 |
8.30% |
| 700–750 |
8.65% |
| Below 700 |
9.20% |
| ₹35–70 lakh |
Above 800 |
8.35% |
| 750–800 |
8.70% |
| 700–750 |
9.05% |
| Below 700 |
9.45% |
| ₹70 lakh–₹1.4 crore |
Above 800 |
8.85% |
| 750–800 |
9.10% |
| 700–750 |
9.35% |
| Below 700 |
9.85% |
Processing Fees and Eligibility Criteria :
Processing Fee - The processing fee is around 0.5–1% of the loan,
plus GST. There's a minimum and maximum amount, so keep that in mind. If you borrow up to ₹10
lakh, expect a 1% fee. Anything over that, and it drops to 0.5%.
Who Can Apply:
Age: The age must be between 21 and 65 (and pay it all back
before you turn 65).
Income : You need a stable job (if you're salaried) or be
self-employed.
Credit Score : The credit score aims for 700 or higher. If you
hit 800+, you will probably get a better deal.
Loan-to-Value Ratio (LTV) : You can borrow up to 90% of what the
property is worth if the loan is under ₹30 lakh. It drops to 80% for loans up to ₹75 lakh, and
75% if you are borrowing more than that.
Guarantors : You will need at least two people to vouch for you.
These can be family or friends, but they need to be financially stable.
Co-applicants : Adding any co-applicant, such as a spouse or
family member, can help you qualify for a bigger loan.
Required Documents for Cosmos Co-operative Bank Home Loan
To apply, you will need:
A filled-out and signed application form, plus passport photos.
ID and proof :For the proof, we need your PAN Card, Aadhaar,
Passport, Voter ID, or driver's license.
Address proof : A utility bill, Aadhaar, Passport, or bank
statement will do.
Age proof : You require PAN, Passport, or a birth certificate to
work here.
Income Proof -
If you are salaried: Send your last 3–6 months of salary slips,
Form 16, and 6 months of bank statements.
If you are self-employed : Give us your ITR for 3 years, profit
and loss statement, balance sheet, proof of your business's registration or that it's still
running, and 6 months of bank statements for Cosmos Bank home loan for self-employed.
Property documents : The sale agreement, title deed, approved
plan, valuation, latest tax receipts, and a Grampanchayat NOC if needed.
Photos : Of applicant, of co-applicant, and any guarantors.
A check to cover the processing fee :The amount depends on how
much you're borrowing.
Guarantor's papers : They need to provide similar ID, address,
and income proof as you.