Kotak Bank Personal Loan EMI Calculator (2026) – Free Online Tool
📈 Kotak Bank Rate: 10.99% – 24% p.a. (2026)
Kotak Bank Personal Loan EMI Calculator
Loan Amount ₹5,00,000
Interest Rate (% p.a.) 10.99%
Loan Tenure (Years) 5 Years
Your Monthly EMI
Calculating…
Principal Amount–
Total Interest Payable–
Total Amount Payable–
Enter loan details and click Calculate EMI.
Principal vs Interest Breakdown
Principal
Interest
EMI Breakdown Table – Year-wise Amortization Schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Closing Balance | P vs I Split |
|---|
How to Use Kotak Bank EMI Calculator
The Kotak Bank Personal Loan EMI Calculator helps you calculate your exact monthly EMI instantly. Enter 3 values and get results in seconds:
- Enter your Loan Amount (₹50,000 to ₹40,00,000)
- Set the Interest Rate — Kotak Bank offers 10.99% – 24% p.a.
- Choose Loan Tenure — 1 to 5 years
- Click Calculate EMI — get instant results with chart
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
P = Principal Loan Amount | R = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100) | N = Tenure in Months
Kotak Bank Personal Loan Interest Rates 2026
Kotak Bank offers personal loan interest rates from 10.99% – 24% p.a. in 2026. Rates depend on your credit score and income:
| Credit Score | Interest Rate (p.a.) | Max Loan Amount | Max Tenure |
|---|---|---|---|
| 750+ | 10.99% – 13% | ₹35 Lakhs | 5 Years |
| 700–749 | 13% – 17% | ₹20 Lakhs | 5 Years |
| 650–699 | 17% – 21% | ₹10 Lakhs | 3 Years |
| Below 650 | 21% – 24% | ₹5 Lakhs | 2 Years |
*Rates are indicative. Contact Kotak Bank for exact rates applicable to your profile.
Kotak Bank Personal Loan EMI Examples (2026)
Ready EMI calculations for common loan amounts at Kotak Bank:
| Loan Amount | Interest Rate | Tenure | Monthly EMI | Total Interest |
|---|---|---|---|---|
| ₹1,00,000 | 10.99% | 2 years | ₹4,658 | ₹11,792 |
| ₹2,00,000 | 10.99% | 3 years | ₹6,538 | ₹35,368 |
| ₹5,00,000 | 10.99% | 5 years | ₹10,871 | ₹1,52,260 |
| ₹10,00,000 | 13% | 5 years | ₹22,753 | ₹3,65,180 |
| ₹20,00,000 | 15% | 5 years | ₹47,580 | ₹8,54,800 |
Kotak Bank Personal Loan Eligibility Criteria
For Salaried Employees
- Age: 21 to 60 years
- Minimum salary: ₹15,000/month
- Employment: Minimum 1 year
- Credit score: 700+ preferred
- Documents: Salary slips, bank statements, PAN, Aadhaar
For Self-Employed
- Age: 21 to 65 years
- Business vintage: Min 2 years
- ITR: Last 2 years required
- Credit score: 720+ preferred
- Documents: ITR, P&L statement, bank statements
Frequently Asked Questions – Kotak Bank Personal Loan EMI
What is Kotak Bank personal loan interest rate in 2026?
Kotak Bank personal loan interest rate ranges from 10.99% to 24% per annum in 2026.
What is maximum loan for Kotak personal loan?
Kotak Bank offers personal loans up to ₹35 lakhs for eligible customers.
How fast is Kotak Bank personal loan approval?
Kotak Bank offers quick approval within 24-48 hours for eligible customers.
What is Kotak Bank personal loan processing fee?
Kotak Bank charges a processing fee of up to 2.5% of loan amount plus applicable GST.
Can NRI apply for Kotak personal loan?
Kotak Bank personal loans are available for resident Indians only.