Kotak Mahindra Bank Interest Rates Today — August 2026

Best for: borrowers who want a home loan from a large private bank and will trade 0.40 points against the market’s best rate for it.

What it does well

• Narrow gap between the advertised home loan rate and its published ceiling, so the headline number is closer to a real offer. 5 out of 5.

Where it falls short

• Home loan starts 0.40 points above Bank of Baroda, the cheapest lender we track. #8 of 12.
• Personal loan starts 0.51 points above HDFC Bank, the cheapest lender we track. #4 of 8.
• Pays 1.60 points less on a fixed deposit than Suryoday Small Finance Bank, the best payer we track. #7 of 12.

Kotak Mahindra Bank products, rated

We score each product against every other provider we track for it. The same formula runs on every bank on this site, and we publish it in full.

Home loan — 4.3 out of 5

From 7.60%, with a published maximum of 9.50%. Repo-linked (EBLR), processing fee up to 0.5%. The cheapest provider we track for this product is Bank of Baroda at 7.20%, 0.40 percentage points cheaper. The narrow 1.90-point spread between the advertised rate and the ceiling is the reason this product scores as well as it does: the headline number here is closer to what you are likely to be offered than it is at most lenders.

Personal loan — 3.1 out of 5

From 10.50%, with a published maximum of 24.00%, for up to 6 years, processing fee up to 5%. The cheapest provider we track for this product is HDFC Bank at 9.99%, 0.51 percentage points cheaper — and HDFC Bank caps its fee in rupees rather than charging a percentage, which on a large loan is worth more than the half point.

Fixed deposit — 2.9 out of 5

Up to 6.65% for a regular customer and 7.15% for senior citizens, on the 2 to under 3 year band. That ranks #7 of the 12 providers we track. The best-paying provider we track is Suryoday Small Finance Bank at 8.25%, 1.60 percentage points better — a large gap for a deposit, and the reason this is the weakest of the three products.

Rates and fees

Updated 15 Aug 2026 · Kotak Mahindra Bank’s rate cards and published comparisons, across 3 products. Official site: www.kotak.com.

How we rated this bank

We take no money for ratings, and no bank can influence one. Every score above is simple maths on a dated rate table: change the table and the score moves by itself. Three products rated, 32 competitor rates compared, ₹0 paid for this rating. No bank can buy, change or even see a Credsir score before you do, because the formula has no input for it. Read the full method.