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Home › Education Loan › Kotak Mahindra Bank

Kotak Mahindra Bank Education Loan Interest Rate November 2026

Updated 2 November 2026Rates from official bank websitesHow we check rates

Kotak Mahindra Bank advertises education loan rates starting from 11% per annum. For ₹20 lakh over 10 years that is an EMI of about ₹27,550 a month.

Starting rate11%per annum
EMI per month₹27,550₹20 lakh, 10 years
Total interest₹13,06,000over the full term
Max tenuren/aas stated by the bank

Kotak education loan rates and charges

Starting interest rate11% per annum
Applies toRange 11% to 17%
Processing feeNot stated on the page we checked
PrepaymentNot stated on the page we checked
Maximum tenureNot stated on the page we checked

Source: Kotak Mahindra Bank official page, checked 2 November 2026.

These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.

Kotak education loan EMI calculator

Prepayment options (optional): pay extra to finish sooner

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Compare Kotak Mahindra Bank with other banks

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Frequently asked questions

What is the Kotak Mahindra Bank education loan interest rate?

Kotak Mahindra Bank's website advertises education loan rates starting from 11% per annum (checked 2026-11-02). The rate you get depends on your credit score, income and loan amount.

What is the EMI on a ₹20 lakh education loan from Kotak Mahindra Bank?

At the starting rate of 11% over 10 years the EMI is about ₹27,550 a month, with total interest of about ₹13,06,000. A higher personal rate would raise this.

What is the processing fee for a Kotak Mahindra Bank education loan?

The Kotak Mahindra Bank page we checked did not state a processing fee. Please confirm it with the bank's fee schedule before applying.

Does Kotak Mahindra Bank charge prepayment charges on a education loan?

The page we checked did not state prepayment terms. Please confirm with the bank.

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