Check your Kotak Mahindra Bank personal loan eligibility. Rate: 10.99 - 24.00% p.a. Max amount: ₹40 L.
Kotak Mahindra Bank offers personal loan at an interest rate of 10.99 - 24.00% p.a. with a maximum tenure of 5 years. The maximum loan amount is ₹40 L with a minimum monthly income requirement of ₹20,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹1 Lakh | ₹3,273 | ₹17,828 | ₹7,274/mo |
| ₹2 Lakh | ₹6,547 | ₹35,692 | ₹14,549/mo |
| ₹3 Lakh | ₹9,820 | ₹53,520 | ₹21,823/mo |
| ₹4 Lakh | ₹13,094 | ₹71,384 | ₹29,098/mo |
| ₹5 Lakh | ₹16,367 | ₹89,212 | ₹36,372/mo |
| ₹7 Lakh | ₹22,914 | ₹1,24,904 | ₹50,920/mo |
| ₹10 Lakh | ₹32,734 | ₹1,78,424 | ₹72,743/mo |
| ₹15 Lakh | ₹49,101 | ₹2,67,636 | ₹1,09,114/mo |
Kotak Mahindra Bank Personal Loan interest rate ranges from 10.99 - 24.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Kotak Mahindra Bank offers a maximum personal loan of ₹40 L with a tenure of up to 5 years.
The processing fee for Kotak Mahindra Bank Personal Loan is Up to 2.50%.
Kotak Mahindra Bank Personal Loan prepayment policy: 4% of outstanding.
The minimum monthly income required is ₹20,000. Use the calculator above to check your exact eligibility based on your income.