Kotak Mahindra Bank Personal Loan, interest rate and EMI Calculator April 2017


(Updated on 01.04.17) Kotak Mahindra Personal Loan EMI Calculator April 2017Get Instant Quick & Easy Approval on Kotak Mahindra Bank Personal Loan. Use this simple tool to calculate ✓ Eligibility ✓ Monthly EMI ✓ Loan Amount ✓ ROI ✓ Principal Amount ✓ Total Interest at Loansninsurances.com.

**Other Income Drives Net Profit Beat**


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Loan Amount
Yearly Income
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Kotak Mahindra Bank Personal Loan

Kotak Mahindra Bank offers personal loan from ₹ 50,000/- to ₹ 15 lakhs with attractive interest rate @ 11.5% (Special Festive Offer), loan processing fees up to 2% of the loan amount+ service tax with repayment options, bank doorstep service & more.

Kotak Mahindra Personal Loan one of the most popular personal loans can be availed at attractive interest rates, and no security or collateral is required to avail a personal loan. Kotak bank provides personal loan for every customer’s needs and has doorstep service with fast approval on loans. Kotak Mahindra Personal Loan Eligibility Calculator is the perfect tool to know your eligibility and to opt out your best personal loan. Avail Kotak Bank’s personal loans in Mumbai, Bangalore (Bengaluru), New Delhi (Delhi), Chennai, Kolkata, Hyderabad, Pune, Ahmedabad, Noida, Gurgaon, Faridabad, Ghaziabad, Jaipur, Chandigarh and Kochi

Kotak Mahindra Bank provides you Home Loans equipped with highly customized facilities and services for a smooth and pleasurable home-buying experience.

Hike in Other Income of Kotak Mahindra Bank

Kotak Mahindra Bank’s other income increased by 47% year-on-year in the March quarter and was chiefly responsible for its net profit being higher than what analysis had estimated. Other income got a boost from fees and commissions. Recoveries from distressed assets also contributed to the increase.

Net interest income of the Kotak Mahindra bank rose by 16% and its loan book by 15%. Retail disbursals comprising loans to home buyers, small businesses, personal loans and loan against property grew by 5% over a year ago.

Net interest margin of Kotak Mahindra Bank expanded to 4.6% year-on-year helped by higher low-cost deposits.

The stock of Kotak Mahindra bank ended with a gain of 1.5%, even as the benchmark Sensex was down 0.34%. Shares of Kotak Mahindra bank trade at a rich multiple of 5.26 times expected book value for the current fiscal year.

Kotak Mahindra Bank Personal Loan Interest Rate

Interest Rate 11.5% to 24%
Processing fee range Upto 2% of the loan amount+ service tax + statutory levies
Loan Amount Rs. 50,000/- to Rs. 15 lakhs
Tenure 12 months to 60 months

Kotak Mahindra Bank Personal Loan EMI Calculator

Kotak Mahindra Bank Personal Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan EMI within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

How to get a branch?

Kotak Bank has an extensive network of branches in all most all tier I and tier II cities. A consumer in a quest for a personal loan may personally visit anyone of its branch.

Personal loan can be termed as a loan to meet any situation. Be it a wedding occasion, buying of white goods, medical emergency and holidays, a personal loan may be invested as initial booking amount for property. Kotak Bank personal loan is available for salaried people at a competitive rate of interest.

Incorporated in 1985, Kotak Mahindra Bank has placed itself as one of the leading financial institutions in offering a range of personal banking products.

In addition to this, other necessary conditions that are required for a personal loan are:

✓ Applicant should be in the age group of 21 to 58 years.

✓ Minimum in hand monthly salary of Rs. 25000/-

✓ One should be Graduate.

✓ An applicant should have a resident telephone.

✓ One should be living in the same city since one year.

✓ He should have work experience of two years.

✓ One latest photograph of an applicant.

✓ Identity proof.

✓ Signature proof.

✓ Income proof (pay slip of last 3 months and Form 16).

✓ Bank account statement for last six months.

✓ Residence proof.

Kotak Mahindra Bank Personal Loan Prepayments:

  • Lock in period for 12 months.

  • After 12 months, 5% foreclosure charges + service tax on principal outstanding


User searches for Kotak Customer Care up +900% in past week – 31.12.2016
User searches for Kotak Mahindra up +120% in past week – 31.01.2017
User searches for Kotak Mahindra Bank Personal Loan up +70% in past week – 21.02.2017
User searches for Kotak Personal Loan Interest Rate up +40% in past week – 15.03.2017
User searches for Kotak Personal Loan Status up +90% in past week – 31.03.2017