OTP-verified soft check · won’t affect your credit score · DPDP-consented
Move the sliders to see monthly EMI, total interest, and total cost of this loan.
Your actual rate depends on your credit profile, income, and employer category.
Monthly EMI
Total interest
Total payment
Processing fee (3%)
Total cost of this loan
✨ interest + processing fee
✓ Best for
Kotak 811 / salary customers who want digital pre-approved disbursal — competitive 10.99% start vs HDFC/ICICI prime tier.
⚠ Not ideal for
Cost-sensitive borrowers — Kotak processing fee runs higher than HDFC/Axis for similar profiles.
For a ₹5 L loan over 3 yrs at 10.99% — your best-case scenario.
You repay ₹6,04,212 for ₹5,00,000 borrowed.
Customize amount, tenure & rate in the EMI calculator above ↑
This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).
Private bank known for the 811 digital ecosystem. Home loans from 7.70% (online no-fee), personal from 10.99%, car loans 7.35–14.00%.
Visit Kotak Mahindra Bank websiteSee how Kotak Mahindra Bankcompares on rate, fees & eligibility.
Axis Bank
Min salary: ₹15K · CIBIL: 750+ · Salaried · Self-employed · Professional
HDFC Bank
Min salary: ₹25K · CIBIL: 720+ · Salaried · Self-employed · Professional
IDFC FIRST Bank
Min salary: ₹20K · CIBIL: 700+ · Salaried · Self-employed · Professional
IndusInd Bank
Min salary: ₹25K · CIBIL: 700+ · Salaried · Self-employed
Secure your family
Term life insurance pays off your loans and supports your family if anything happens to you — premiums start from ₹5,000/year.
📖 Guides about personal loans
🔧 Useful tools