• Kosamattam Finance Loan Against Property

    Kosamattam Finance is a non-banking finance corporation (NBFC) which offers various financial products including the option to avail a loan against property.

    You can avail a loan in order to fulfil your personal needs by providing property as a security. You can avail a loan against property at attractive rates of interest and flexible repayment tenure.

    Highlights of Kosamattam Finance

    • Wide range of acceptable collateral and securities
    • Maximum loan to property value
    • You can have a blend of short term and long-term loans to help you customise your most preferred mode of repayment of loan
    • Maximum loan repayment period of 5 years

    Loan Advantages

    • 100% transparency
    • Lowest processing fee
    • No administrative or hidden cost
    • You can avail loan from any of the company’s vast network of branches
    • You have the option of prematurely closing your loan at any given point in time
    • Interest accounted in diminishing balance system
    • Minimum processing time


    1. How will Kosamattam Finance take into account the loan amount I will be eligible for?
    2. The lender will take into account your repayment capacity by reviewing your age, occupation, income qualification, based on which they will decide the loan amount you will be eligible for.

    3. Who can be co-applicant of the loan?
    4. Your spouse can be your co-applicant. All co-owner of the property can be the co-applicant but not necessary that all the co-applicant should be the co-owner of the property.

    5. What is the processing fee charged on my loan amount?
    6. Processing fee will be 1.5% of the loan amount plus GST.

    7. How will the rate of interest be calculated?
    8. The rate of interest will be calculated on daily reducing balance.

    9. How do I repay the loan?
    10. You can repay the loan as EMIs. You can visit the official website of Kosamattam Finance and pay the EMI by clicking on ‘online payment’. You can then enter the details of your log in credentials and pay through your preferred mode of payment.

    11. Can I repay the loan ahead of the schedule?
    12. Yes, you can repay the loan ahead of the schedule. You won’t be charged any prepayment or foreclosure fee.

    13. Is it necessary for my property to be insured?
    14. Yes, you will have to ensure that the property which you will provide as a collateral is insured for fire or any similar hazard.

    15. Can third-party property be taken as a collateral security?
    16. Yes, third-party property can be taken as a collateral security provided its owner is either your parents, spouse, sibling, children, or your in-laws.


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