Current Kotak Home Loan Interest Rate 2026
Kotak Mahindra Bank home loan rates start at 8.75% p.a. Compare Kotak against other major lenders to find the best deal for your profile.
| Bank | Interest Rate (p.a.) | Max Tenure |
|---|---|---|
| HDFC Bank | 8.15% onwards | 30 years |
| SBI | 8.25% onwards | 30 years |
| Axis Bank | 8.35% onwards | 30 years |
| ICICI Bank | 8.50% onwards | 30 years |
| Kotak Mahindra ★ | 8.75% onwards | 20 years |
Updated May 2026. Rates are indicative — contact your lender for personalised offers.
Kotak Home Loan Features and Eligibility
Kotak Mahindra Bank offers home loans for purchase, construction, and renovation of residential properties. Key features include a fully digital application process, fast in-principle approvals, and a balance transfer facility at competitive rates. Kotak is particularly strong on premium property financing and offers dedicated relationship managers for high-value loans. Eligible applicants include salaried employees (age 18–60), self-employed professionals (age 18–65), and NRIs. A minimum CIBIL score of 700 is typically required, with better rates for scores above 750. Kotak also offers a unique home loan overdraft facility for borrowers who want flexibility in managing their loan prepayments.
How to Apply for a Kotak Home Loan
Apply online through the Kotak Mahindra Bank website or the Kotak mobile banking app. You can complete the entire application digitally — from document upload to in-principle approval — without visiting a branch. Keep ready your KYC documents (Aadhaar, PAN), last 3 months' salary slips (or 2 years' ITR for self-employed), last 6 months' bank statements, and property documents. For premium loans, Kotak assigns a dedicated relationship manager to guide you through the process.