Kotak Mahindra Home Loan EMI Calculator
Calculate EMI for Kotak Mahindra Bank home loan with current rates.
8.25% – 9.1% p.a.
0.5%
Monthly EMI
₹42,603.28
Total Payment
₹1.02 Cr
Total Interest
₹52.25 L
Principal
48.9%
Interest
51.1%
Total EMIs
240
Loan closes
Jul 2046
Break-even
N/A
Interest : Principal
51.1% : 48.9%
Outstanding balance at any month
About Kotak Mahindra Home Loan EMI Calculator
Kotak Mahindra Bank offers home loans with competitive rates, particularly for high credit score borrowers. Their home loan product links to the repo rate (RLLR-based), ensuring faster transmission of RBI rate cuts. Kotak is especially strong in metro markets like Mumbai, Delhi, and Bengaluru.
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Kotak Home Loan EMI by loan amount
Monthly EMI and total interest at 8.25% for 20 years — the typical rate and tenure for a Kotak home loan. Change any value in the calculator above to match your own loan.
| Loan amount | Monthly EMI | Total interest |
|---|---|---|
| ₹5 L | ₹4,260 | ₹5.22 L |
| ₹10 L | ₹8,521 | ₹10.45 L |
| ₹20 L | ₹17,041 | ₹20.9 L |
| ₹30 L | ₹25,562 | ₹31.35 L |
| ₹50 L (default) | ₹42,603 | ₹52.25 L |
| ₹1 Cr | ₹85,207 | ₹1.04 Cr |
₹50 L Kotak Home Loan EMI by tenure
| Tenure | Monthly EMI | Total interest |
|---|---|---|
| 10 years | ₹61,326 | ₹23.59 L |
| 15 years | ₹48,507 | ₹37.31 L |
| 20 years (default) | ₹42,603 | ₹52.25 L |
| 25 years | ₹39,423 | ₹68.27 L |
| 30 years | ₹37,563 | ₹85.23 L |
Stretching a ₹50 L Kotak home loan from 10 to 30 years lowers the EMI by ₹23,763/month but adds ₹61.64 L in extra interest. Pick the shortest tenure your budget comfortably allows.
How Kotak compares on home loan rates
Kotak's starting home loan rate of 8.25% is below the average among the major banks we track (the sector average is 8.28%, and HDFC currently starts lowest at 7.9%). On a ₹50 L loan for 20 years, the gap to the cheapest lender works out to roughly ₹1,092/month, or about ₹2.62 L over the full tenure.
| Bank | From rate | EMI (20yr) | Processing fee |
|---|---|---|---|
| State Bank of India | 8.25% | ₹42,603 | ₹10,000 + GST |
| HDFC Bank | 7.9% | ₹41,511 | 0.5% (min ₹3,000) |
| ICICI Bank | 8.5% | ₹43,391 | 0.5% |
| Kotak Mahindra Bank (this page) | 8.25% | ₹42,603 | 0.5% |
| Axis Bank | 8.5% | ₹43,391 | 1% (min ₹10,000) |
Starting rates for salaried borrowers with a 750+ CIBIL score, as of 2026-07-14. EMI shown for a ₹50 L loan over 20 years. Actual rates depend on your profile — always confirm on the bank's website.
Frequently Asked Questions
What is the EMI on a ₹50 L Kotak home loan at 8.25%?▾
At 8.25% for 20 years, the EMI on a ₹50 L Kotak home loan is about ₹42,603 per month. Over the full term you repay ₹1.02 Cr — ₹50 L of principal plus ₹52.25 L of interest, which is 104% of what you borrow. Adjust the amount, rate, and tenure above for your exact figures.
Is Kotak's home loan rate competitive?▾
Kotak's starting rate of 8.25% is below the average among the major banks we track — HDFC currently starts lower at 7.9%. On a ₹50 L loan for 20 years, that gap is roughly ₹1,092/month, or about ₹2.62 L over the full tenure — so it is always worth comparing lenders before you lock in.
What is the current Kotak home loan rate?▾
Kotak home loans start at 8.25% p.a. for eligible salaried borrowers, going up to 9.1%.
Does Kotak offer home loans for self-employed?▾
Yes - Kotak offers separate home loan products for self-employed individuals. ITR-based assessment is used, and rates may be slightly higher than for salaried employees.
What is Kotak's minimum home loan amount?▾
Kotak generally finances home loans starting from ₹5 lakh, with no published maximum cap (subject to repayment capacity and property value).
Can I switch from another bank to Kotak?▾
Yes - Kotak offers balance transfer on home loans from other banks at competitive rates. The process requires a property appraisal and income document verification.
What is the Kotak home loan processing fee?▾
Kotak charges 0.5% of the loan amount as processing fee, with occasional promotional waivers. Always confirm current fees on the Kotak Bank website before applying.