Check your Kotak Mahindra Bank bike loan eligibility. Rate: 13.50 - 16.50% p.a. Max amount: ₹4 L.
Kotak Mahindra Bank offers bike loan at an interest rate of 13.50 - 16.50% p.a. with a maximum tenure of 5 years. The maximum loan amount is ₹4 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹50K | ₹1,697 | ₹11,092 | ₹3,086/mo |
| ₹75K | ₹2,545 | ₹16,620 | ₹4,628/mo |
| ₹1 Lakh | ₹3,394 | ₹22,184 | ₹6,171/mo |
| ₹1.5 Lakh | ₹5,090 | ₹33,240 | ₹9,255/mo |
| ₹2 Lakh | ₹6,787 | ₹44,332 | ₹12,340/mo |
| ₹2.5 Lakh | ₹8,484 | ₹55,424 | ₹15,426/mo |
| ₹3 Lakh | ₹10,181 | ₹66,516 | ₹18,511/mo |
Kotak Mahindra Bank Bike Loan interest rate ranges from 13.50 - 16.50% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Kotak Mahindra Bank offers a maximum bike loan of ₹4 L with a tenure of up to 5 years.
The processing fee for Kotak Mahindra Bank Bike Loan is 1% of loan amount.
Kotak Mahindra Bank Bike Loan prepayment policy: Nil after 6 months.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.