🇮🇳 India 🏦 Kotak Mahindra Bank Last updated2026-05-13
Kotak Mahindra Bank EMI Calculator 2026 rates.
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Quick answer
Kotak Mahindra Bank home loan rate starts at 8.7% (typical 8.85%) as of 2026. A ₹50 lakh loan at 8.85% over 20 years = an EMI of approximately ₹44,505/month.
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LiveEMI Calculator
₹
₹25.00 L
%
Monthly EMI
₹21,696
/month
Total Interest
₹27.07 L
52% of total
Total Payable
₹52.07 L
over 20 years
Principal vs Interest Split
48% principal
52% interest
✨ Live · For home, personal, auto, education loans · Excludes processing fees
📊 Current rates
Kotak Mahindra Bank loan rates (May 2026)
🏠 Home Loan
8.7–9.4%
typical: 8.85% p.a.
💵 Personal Loan
10.99–18%
typical: 11.5% p.a.
🚗 Car Loan
9.5–14%
typical: 9.8% p.a.
💳 Processing Fee
0.5% of loan amount (min ₹3,000, max ₹10,000)
🔁 Prepayment
Zero on floating retail home loans. 2.5% on fixed-rate loans.
🏦 About Kotak Mahindra Bank
Why choose Kotak Mahindra Bank?
Kotak Mahindra Bank, founded as a financial services group by Uday Kotak, has grown into one of India's leading private-sector banks. Strong on premium-segment and SME lending. Home loan book around ₹1 lakh crore.
🎯 Unique angle
Best digital home loan experience after HDFC — Kotak Mobile App and 811 digital banking deliver fast pre-approval. Strong on self-employed segment with non-standard income.
Product highlights
- ✓ Home loan up to ₹5 crore, 30-year tenure
- ✓ 811 digital onboarding with home loan integration
- ✓ Special rates for women borrowers (-5 bps)
- ✓ Step-up EMI for younger borrowers
- ✓ Quick balance transfer with rate-match guarantee
❓ Kotak Mahindra Bank FAQ
Common questions.
Does Kotak offer women-borrower discount?
Yes — Kotak (like SBI, HDFC, and ICICI) offers a 5 basis points discount on home loans for women as the primary or co-applicant borrower. The discount compounds significantly over a 20-year loan.
Is Kotak good for self-employed home loans?
Kotak is one of the better banks for self-employed/business income segment — they accept 2-year ITR + 6-month bank statements (vs 3-year ITR at many other banks). Rate premium for self-employed is typically 25-50 bps over salaried.
Can I get a Kotak home loan against rental income?
Yes. Kotak discounts rental income at 65-75% when assessing serviceability (vs 50-60% at many banks). For investors with multiple rental properties, this materially increases borrowing capacity.
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