Private bank
Kotak Mahindra Bank
A private bank known for its home loan pricing, loan against property programmes and vehicle finance arm.
Best for: Salaried home buyers and self-employed borrowers with property.
Apply with pre-screening
We check your profile against Kotak's policy and others on the panel before any application.
Typical strengths
- Sharp home loan pricing for strong profiles
- Loan against property programmes for self-employed
- Established car finance business
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by Kotak Mahindra Bank under its credit policy.
Products
What we arrange with Kotak
- Personal Loan
- Home Loan
- Business Loan
- Loan Against Property
- Car Loan
- Working Capital - OD / CC
- Home Loan Balance Transfer
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Home Loan
Home loans from ₹5 lakh to ₹10 crore at floating rates from about 7.35% p.a., with up to 90% funding and tenures up to 30 years, across banks and housing finance companies.
- Rate from
- 7.35% p.a.
- Up to
- ₹10 Cr
Business Loan
Unsecured business loans from ₹2 lakh to ₹1 crore for proprietors, partnerships and companies, at rates from about 14% p.a., with tenures up to 5 years and minimal collateral requirements.
- Rate from
- 14.00% p.a.
- Up to
- ₹1 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Our read
Where Kotak fits
Kotak tends to price home loans keenly for borrowers whose profile is unambiguous: clean bureau record, documented income, straightforward property. Where a file is clean, this is often among the sharper quotes on the panel. Where it is not, the bank is generally less flexible than a housing finance company, and we will say so rather than waste your time.
Its loan against property programmes are the more interesting part of the franchise for self-employed borrowers. A property-backed file here can support a larger amount than an unsecured route would, and the assessment gives real weight to the asset rather than resting entirely on declared income.
Worth knowing
- Flexibility on non-standard income or unusual property is limited compared with a specialist housing finance company.
- A loan against property means the asset is at risk, so the lower rate against an unsecured loan is not free.
Our assessment, not a statement of Kotak Mahindra Bank’s policy. Terms are set by the lender and can change.
Questions
Kotak: common questions
Is Kotak good for a self-employed borrower?
For a loan against property, often yes, because the asset carries part of the assessment. For an unsecured loan with informal income, a specialist NBFC is usually the better route and we will point you there.
What makes a file clean enough for the sharpest pricing?
A strong bureau score with no recent defaults, income you can document properly, and a property with clear title in a standard location. We tell you which of these you are missing before we apply.
How much can I raise against my property?
It depends on the valuation and on your ability to service the loan, both of which the lender assesses. We give you a realistic range up front rather than an optimistic one.
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Is Kotak the right lender for you?
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