Kotak Mahindra Bank combines strong digital banking (Kotak 811) with competitive personal and gold loan products. Existing customers get top-ups without re-documentation.
Indicative Kotak Mahindra Bank interest rates (August 2026)
| Loan Type | Indicative Rate (onwards) |
|---|---|
| Home Loan | ~8.95% p.a. |
| Personal Loan | ~10.75% p.a. |
| Car Loan | ~9.2% p.a. |
| Education Loan | ~9.4% p.a. |
| Gold Loan | ~8.5% p.a. |
| Business Loan | ~12.75% p.a. |
| LAP Loan | ~10.5% p.a. |
Eligibility (typical)
Salaried: 21–60, minimum income varies by city. Self-employed: 2 years ITR preferred. CIBIL 750+ for the best personal loan rates.
Application process
Apply via Kotak app/website → upload documents + video KYC → verification + sanction → e-sign → disbursal (1–3 days).
Tips before you apply
Kotak 811 users get fast eligibility checks. Check foreclosure charges before prepaying a personal loan. Gold loan disbursal takes hours, and renewals are easy.
Frequently Asked Questions
A> Up to 5–6 years depending on the product. Existing customers can also get top-up personal loans without re-documentation.
A> Yes — used car loans up to 6–7 years old (indicative) with a higher rate than new cars.
A> Yes — disbursal within hours against jewellery valuation, with easy renewal.
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