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Kotak Mahindra Bank

⚡ Instant Apply

Private Sector Bank

🏛 RBI Licensed Bank

Kotak Mahindra Bank runs a fully paperless application, with instant pre-approved offers for existing customers.

10.99%–24%
Interest Rate
per annum
₹35.0L
Max Loan
available
24 hours
Disbursal
after approval
Up to 2.5%
Processing Fee
of loan amt
82% approval rate · Karthik from Chennai applied 9 min ago
4.2 (2,847 reviews)

Kotak Mahindra Bank

10.99% p.a.·EMI ₹24,840/mo
No CIBIL impact · Takes 2 min

Key Features

100% digital process
Pre-approved instant offers
No prepayment charges after 12 months
Jifi app tracking

Eligibility Criteria

Age 21–58 years
Min salary ₹25,000/month
CIBIL score 700+
2 years employment

CIBIL Impact Estimator

Inquiry type:1 Hard Inquiry

Applying with Kotak Mahindra Bank will trigger a credit pull. Your CIBIL score may dip by 3–7 points temporarily.

Estimated score after inquiry
~750 (current)~743–747 (after inquiry)

✅ Scores typically recover in 3–6 months after first EMI is paid. Multiple applications in 30 days may have cumulative impact.

Protect Your Loan

Optional

Loan Shield covers ₹6.0L in case of job loss, disability, or critical illness. Your family stays protected.

Job loss cover for 6 EMIsCritical illness protectionDisability waiverNo medical check-up

Ready to apply?

100% free · No hidden charges · No CIBIL impact

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Kotak Mahindra Bank

Private Sector Bank

10.99%

from p.a.

Your Monthly EMI

24,840

for ₹5.0L over 24 months

₹96,165

Total Interest

Up to 2.5%

Processing Fee

24 hours

Disbursal

82%

Approval Rate

🔥Karthik from Chennai applied 9 min ago
No impact on your CIBIL score
256-bit SSL · Data never shared
RBI registered lender

EMI Breakdown

Loan Amount₹5.0L
Tenure24 months
Interest Rate (avg)17.5% p.a.
Principal
₹5,00,000
Total Interest
₹96,165
Total Payable5,96,165
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