Kotak Mahindra Bank Home Loan interest rates · November 2026
Your home loan at Kotak.
Choose a scheme. Understand the rate. Explore your repayment.
What would I pay each month?
See scheme conditions Scheme selected for illustration. Check eligibility with the bank.
About you
Kotak's published home loan rates are the same whatever your credit score, income, gender or employer, so there's nothing to ask. Where you land inside a scheme's range is up to the bank.
At 7.60%, you repay ₹97.41 lakh: ₹50 lakh borrowed and ₹47.41 lakh interest.
In the first 11 years, most of each EMI is interest. From year 12, most of it repays the loan.
Every 0.25% off the rate saves about ₹764 a month. Worth asking for.
Range estimate, not your approved offer. Excludes fees. Assumes the rate stays unchanged.
Scheme conditions & source
Understand this scheme
- Published rate
- 7.60% onwards p.a.
- Rate type
- Floating
- Pricing published as
- Not stated
- Benchmark
- –
- Who it's for
- For Salaried & For Self-employed
What still needs confirming
- Your eligible rate and the scheme's conditions
- Processing fees and other charges
- How often the rate resets, and to what
Effective date not stated · checked 15 Nov 2026
Compare Kotak's home loan schemes
Kotak publishes one home loan scheme we can read.
| Scheme | Published rate | EMI range* | Choose |
|---|---|---|---|
| Kotak home loan | 7.60% onwards | From ₹40,586 | Selected |
*₹50 lakh over 20 years, before fees. Scheme names follow the bank's published wording.
How Kotak compares
Each bank's lowest published rate, and what the same loan would cost a month there. Before charges.
Kotak home loan: questions borrowers ask
What is the Kotak home loan interest rate?
As of 15 Nov 2026, Kotak Mahindra Bank publishes home loan rates of 7.60% onwards a year (floating). The lowest, 7.60%, is for: For Salaried & For Self-employed. The rate you are offered depends on your credit score, income and the loan amount.
What is the EMI on a ₹50 lakh home loan from Kotak?
At Kotak's lowest published rate of 7.60%, a ₹50 lakh home loan over 20 years costs about ₹40,586 a month, or ₹47,40,627 in interest over the loan. Charges and insurance are extra.
Is Kotak cheaper than other banks for a home loan?
Of the 8 banks we read for home loans, Kotak's lowest published rate (7.60%) ranks number 6; the lowest is 7.25% at Central. Compare the charges as well as the rate.
Does RateScan get paid by Kotak?
No. We take no referral fees, show no ads and don't take loan applications. Every figure is read from the bank's own page, which is linked from every scheme.
How we collect loan rates
From the bank's own pages. Every figure is read from the lending-rate page the bank publishes, and links back to it. Benchmarks are re-read every day.
A published rate is not an offer. Banks set your rate from your credit score, income, the loan amount and the property or vehicle. We show the range the bank publishes; "7.60% onwards" means the bank gave no top figure.
Benchmark plus spread. A floating loan's rate is the bank's benchmark (its repo-linked rate, or MCLR for older loans) plus a spread fixed when you borrow. When the benchmark moves, your rate moves with it at the next reset.
The EMI is worked out on a reducing balance with monthly instalments: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where r is the yearly rate ÷ 12 and n the number of months. It leaves out processing charges and insurance.
No referral fees. We don't take loan applications or get paid by lenders, so the order is the order.
Independent. No referral fees. Official sources.
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