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Kotak Mahindra Bank ₹1 crore Home Loan EMI for 20 Years
At the advertised starting rate of 7.6%, the EMI is about ₹81,172 a month, with total interest of about ₹94,81,253.
Source: Kotak Mahindra Bank official page, checked on November 2026 (2026-11-01).
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.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 7.6% (starting) | ₹81,172 | ₹94,81,253 | ₹1,94,81,253 |
| 8.1% | ₹84,267 | ₹1,02,24,184 | ₹2,02,24,184 |
| 8.6% | ₹87,416 | ₹1,09,79,906 | ₹2,09,79,906 |
| 9.1% | ₹90,617 | ₹1,17,48,016 | ₹2,17,48,016 |
| 9.6% | ₹93,867 | ₹1,25,28,104 | ₹2,25,28,104 |
Year-by-year repayment schedule at 7.6%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹2,21,679 | ₹7,52,384 | ₹9,74,063 | ₹97,78,321 |
| Year 2 | ₹2,39,126 | ₹7,34,937 | ₹9,74,063 | ₹95,39,195 |
| Year 3 | ₹2,57,946 | ₹7,16,117 | ₹9,74,063 | ₹92,81,249 |
| Year 4 | ₹2,78,247 | ₹6,95,815 | ₹9,74,063 | ₹90,03,002 |
| Year 5 | ₹3,00,147 | ₹6,73,916 | ₹9,74,063 | ₹87,02,855 |
| Year 6 | ₹3,23,769 | ₹6,50,293 | ₹9,74,063 | ₹83,79,086 |
| Year 7 | ₹3,49,251 | ₹6,24,811 | ₹9,74,063 | ₹80,29,835 |
| Year 8 | ₹3,76,739 | ₹5,97,324 | ₹9,74,063 | ₹76,53,096 |
| Year 9 | ₹4,06,390 | ₹5,67,673 | ₹9,74,063 | ₹72,46,706 |
| Year 10 | ₹4,38,374 | ₹5,35,688 | ₹9,74,063 | ₹68,08,332 |
| Year 11 | ₹4,72,876 | ₹5,01,187 | ₹9,74,063 | ₹63,35,456 |
| Year 12 | ₹5,10,093 | ₹4,63,969 | ₹9,74,063 | ₹58,25,363 |
| Year 13 | ₹5,50,240 | ₹4,23,823 | ₹9,74,063 | ₹52,75,123 |
| Year 14 | ₹5,93,546 | ₹3,80,517 | ₹9,74,063 | ₹46,81,577 |
| Year 15 | ₹6,40,260 | ₹3,33,803 | ₹9,74,063 | ₹40,41,317 |
| Year 16 | ₹6,90,651 | ₹2,83,411 | ₹9,74,063 | ₹33,50,666 |
| Year 17 | ₹7,45,008 | ₹2,29,054 | ₹9,74,063 | ₹26,05,658 |
| Year 18 | ₹8,03,643 | ₹1,70,419 | ₹9,74,063 | ₹18,02,015 |
| Year 19 | ₹8,66,893 | ₹1,07,169 | ₹9,74,063 | ₹9,35,121 |
| Year 20 | ₹9,35,121 | ₹38,941 | ₹9,74,063 | ₹0 |
Frequently asked questions
What is the EMI for a ₹1 crore Kotak Mahindra Bank home loan for 20 years?
At Kotak Mahindra Bank's starting rate of 7.6% the EMI is about ₹81,172 a month. If your offered rate is 8.6% it would be about ₹87,416.
How much total interest will I pay?
At 7.6% the total interest over 20 years is about ₹94,81,253, so you repay about ₹1,94,81,253 in all.