Kotak Mahindra Bank home loan review
Kotak Mahindra Bank's home loan rates, fees, eligibility and prepayment terms — verified as of June 2026. Rates are indicative and repo-linked.
By NexMaxo Editorial Team · Rates verified June 2026· indicative & repo-linked
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Kotak Mahindra Bank home loan at a glance
~8.10%–9.45% p.a. (floating, indicative)
- Processing fee
- Up to 2% of loan + GST
- Max tenure
- Up to 25 years
- Prepayment
- Nil on floating-rate loans to individuals (RBI rule)
- Eligibility
- Salaried 18–60, self-employed 18–65; LTV tiered by loan size
Good to know
- Floating-rate home loans to individuals are penalty-free to prepay (RBI rule) — so you can close early or part-prepay at no charge.
- The starting rate is the best case — it goes to high-credit-score borrowers with a lower loan-to-value. Most applicants are offered a higher rate.
- Rates are repo-linked and change with the RBI repo rate — confirm the current rate, fee and LTV on Kotak Mahindra Bank's official page before applying.
Compare Kotak Mahindra Bank
See all 8 lenders comparedKotak Mahindra Bank home loan — FAQs
Kotak Mahindra Bank's home loan rate is ~8.10%–9.45% p.a. (floating, indicative). Home-loan rates are repo-linked, so they move with the RBI repo rate, and your spread depends on your credit score, loan amount and loan-to-value. The lowest rate goes to the strongest profiles — treat this as indicative and confirm your offer.
Nil on floating-rate loans to individuals (RBI rule). The RBI bars prepayment and foreclosure penalties on floating-rate home loans to individual borrowers, so you can prepay a floating-rate loan early at no charge. Fixed-rate variants may differ — confirm your rate type with the bank.
Up to 2% of loan + GST. The processing fee is a one-time charge (plus any legal and valuation fees) — and lenders often waive or reduce it during festive promotions, so it's worth asking.
Salaried 18–60, self-employed 18–65; LTV tiered by loan size. These are indicative criteria — approval, the rate offered and the loan-to-value depend on the lender's assessment of your profile, income and the property.
This is an informational review, not financial advice or a loan offer. Home-loan rates, fees and limits are indicative, repo-linked and profile-dependent. Confirm current terms on Kotak Mahindra Bank's official page, and borrow only what you can comfortably repay.