Kotak Personal Loan EMI Calculator
Preset to Kotak's current personal loan emi rate of 10.99%. Change any value to see your own numbers.
- Current rate 10.99%
- Range 10.99–14.99%
- Rank #4 of 8 banks
- Verified 16 July 2026
Kotak Personal Loan EMI Calculator
- Principal₹5,00,000
- Total interest₹1,52,123
- Total payment₹6,52,123
Where your money goes
- Principal ₹5,00,000
- Interest ₹1,52,123
Kotak personal loan interest rates 2026
| Tenure / slab | Rate |
|---|---|
| Salaried, premium employers | 10.99% |
| Salaried, standard employers | 12.25% |
| Self-employed professionals | 13.50% |
| Small-ticket (below ₹2 lakh) | 14.99% |
This Personal Loan calculator is preset to Kotak Mahindra Bank's current 10.99% rate (as of 16 July 2026), so the EMI you see the moment the page loads reflects a real Kotak loan — change the amount or tenure to match yours.
Kotak's personal loan rates run from 10.99% to 14.99% depending on your profile and loan size. Below is Kotak's full rate table, the fees and rules that actually apply, and how Kotak compares with the 8 banks we track — the one thing no bank's own page will show you.
Kotak personal loan — key facts
- Personal loans of up to ₹40,00,000 are offered to eligible salaried applicants.
- Repayment tenure ranges up to 6 years (72 months).
- No collateral or guarantor is required; approval depends on income and credit profile.
- Part-prepayment and foreclosure are permitted after a minimum number of EMIs, subject to charges.
How Kotak compares
Kotak's personal loan rate is below the category median — competitive, but HDFC is cheaper at 10.75%.
Kotak personal loan FAQs
What is Kotak's personal loan interest rate in 2026?
Kotak Mahindra Bank offers personal loan rates from 10.99% to 14.99% (indicative headline 10.99%). The exact rate depends on your credit score, income and loan amount.
What are the fees on a Kotak personal loan?
The processing fee is Up to 3% of the loan amount + GST. Personal loans of up to ₹40,00,000 are offered to eligible salaried applicants.
Can I prepay or foreclose my Kotak personal loan early?
Part-prepayment and foreclosure are permitted after a minimum number of EMIs, subject to charges.
How is the EMI on a Kotak personal loan calculated?
The EMI uses the reducing-balance method — interest is charged only on the outstanding balance, so the interest share of each instalment falls over time. At 10.99% the calculator above shows your monthly EMI; change the amount and tenure to match your loan.