Kotak EMI Calculator 2026
Calculate your monthly EMI for a Kotak Mahindra Bank home, car or personal loan. The interest rate is pre-filled with Kotak's starting rate, and you can change any value. No PAN, no sign-up. Nothing leaves your browser.
Year-by-year repayment schedule
| Year | Principal paid | Interest paid | Balance left |
|---|
Kotak loan interest rates (October 2026)
| Kotak loan | Starting rate (p.a.) | Example loan | EMI |
|---|---|---|---|
| Home loan | From 7.60% | ₹30 lakh, 20 yrs | ₹24,352 |
| Car loan | Check with bank | ₹8 lakh, 5 yrs | ₹16,704 |
| Personal loan | From 9.95% | ₹5 lakh, 5 yrs | ₹10,611 |
How Kotak calculates your EMI
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments. For example, a ₹30 lakh Kotak home loan at 7.60% for 20 years has an EMI of about ₹24,352. Early EMIs are mostly interest, and the principal part grows every month.
About Kotak Mahindra Bank
Kotak Mahindra Bank is a private sector bank headquartered in Mumbai. Private banks often process loans quickly and price them by credit profile, so a strong CIBIL score can win you a noticeably lower rate.
Before you apply, see the Kotak CIBIL score requirement, check how much loan you may be eligible for and make sure your total EMIs fit your income with the FOIR calculator.
Frequently asked questions
What is the EMI on a ₹30 lakh home loan from Kotak?
At 7.60% (Kotak Mahindra Bank's published starting rate) for 20 years, the EMI is about ₹24,352 a month. You would pay about ₹28,44,376 in interest over the loan.
What is the EMI on a ₹5 lakh Kotak personal loan?
At 9.95% for 5 years, the EMI is about ₹10,611 a month and the total interest is about ₹1,36,674.
Does my CIBIL score change my Kotak interest rate?
Yes. Kotak Mahindra Bank gives its lowest rates to borrowers with strong credit scores, usually 750 or above. On a ₹30 lakh, 20-year home loan, just 1% more interest raises the EMI from about ₹24,352 to ₹26,225.
Is this the official Kotak EMI calculator?
No. CibilScores.com is independent and not linked to Kotak Mahindra Bank. The EMI formula is the same one banks use, but your final rate, fees and EMI come from the bank's sanction letter.