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Private BankPersonal loan

Kotak Mahindra Bank personal loan interest rate

What the bank advertises against the most it can charge. The gap is much wider than on a home loan.

The rate

Advertised rateMaximum rateTermsProcessing fee
10.50%24.00%Up to 6 yearsUp to 5%

Data as of 15 Aug 2026Source: Lender rate cards and published comparisons, August 2026Pending issuer verification

Kotak Mahindra Bank advertises from 10.50% and can charge up to 24.00% for this product — a range of 13.50%. Where you land is set by your credit score, your down payment and your income type, not by bargaining.

How it compares

4th cheapest of the 8 providers we track, 0.51% above HDFC Bank at 9.99%.

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