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Kotak Mahindra Bank Fees and Charges (2026) — The Full List

The processing fee as published, plus the 18% GST charged on top of it.

Credsir Editorial Team · MBA · 14 years in fintech
Updated 17 Sep 2026

Kotak Mahindra Bank publishes a single headline charge on its personal loan — the processing fee. What you actually pay is that fee plus 18% GST, and a short list of charges the bank quotes separately at sanction.

Fees

Charge As published
Processing fee Up to 5% of loan amount + taxes

Updated 17 Sep 2026 · Lender rate pages, checked individually

Where a fee is quoted exclusive of tax, add 18% GST to get what you actually pay. Legal and technical valuation charges, CERSAI registration and any bundled insurance sit outside the processing fee and are quoted separately at sanction. Prepaying or closing the loan early carries its own schedule — the pattern across lenders is set out in loan foreclosure and charges.

A processing fee of up to 5% is a large number on a personal loan, because personal loans are small and short. On a ₹5 lakh loan a 5% fee is ₹25,000 before GST, which can outweigh a rate advantage of half a percent. Work out the total cost, not the monthly one, with the EMI calculator and the fee added back in.

How it compares

Kotak Mahindra Bank is the joint 7th cheapest of the 8 providers we track, 1.00% above HDFC Bank at 9.99%. That ranking is on the advertised rate, not on the fee. The full table is at personal loan interest rates.

Other private banks

Bank Advertised personal loan rate
Axis Bank 9.99%
HDFC Bank 9.99%
ICICI Bank 9.99%
IDFC First Bank 9.99%

Updated 17 Sep 2026 · Lender rate pages, checked individually

The rate, the eligibility rules and the rest of the product sit on the Kotak Mahindra Bank personal loan page.

Terms change without notice. Confirm the current figures with Kotak Mahindra Bank before you act.

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