Home › Home Loan › Kotak Mahindra Bank › ₹75 lakh for 15 years
Kotak Mahindra Bank ₹75 lakh Home Loan EMI for 15 Years
At the advertised starting rate of 7.6%, the EMI is about ₹69,953 a month, with total interest of about ₹50,91,505.
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) | ₹69,953 | ₹50,91,505 | ₹1,25,91,505 |
| 8.1% | ₹72,108 | ₹54,79,359 | ₹1,29,79,359 |
| 8.6% | ₹74,296 | ₹58,73,236 | ₹1,33,73,236 |
| 9.1% | ₹76,517 | ₹62,73,024 | ₹1,37,73,024 |
| 9.6% | ₹78,770 | ₹66,78,608 | ₹1,41,78,608 |
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 | ₹2,79,020 | ₹5,60,414 | ₹8,39,434 | ₹72,20,980 |
| Year 2 | ₹3,00,980 | ₹5,38,454 | ₹8,39,434 | ₹69,20,000 |
| Year 3 | ₹3,24,668 | ₹5,14,765 | ₹8,39,434 | ₹65,95,332 |
| Year 4 | ₹3,50,221 | ₹4,89,213 | ₹8,39,434 | ₹62,45,111 |
| Year 5 | ₹3,77,785 | ₹4,61,649 | ₹8,39,434 | ₹58,67,326 |
| Year 6 | ₹4,07,518 | ₹4,31,916 | ₹8,39,434 | ₹54,59,808 |
| Year 7 | ₹4,39,591 | ₹3,99,842 | ₹8,39,434 | ₹50,20,217 |
| Year 8 | ₹4,74,189 | ₹3,65,245 | ₹8,39,434 | ₹45,46,028 |
| Year 9 | ₹5,11,509 | ₹3,27,924 | ₹8,39,434 | ₹40,34,519 |
| Year 10 | ₹5,51,767 | ₹2,87,666 | ₹8,39,434 | ₹34,82,751 |
| Year 11 | ₹5,95,194 | ₹2,44,240 | ₹8,39,434 | ₹28,87,558 |
| Year 12 | ₹6,42,038 | ₹1,97,396 | ₹8,39,434 | ₹22,45,520 |
| Year 13 | ₹6,92,569 | ₹1,46,865 | ₹8,39,434 | ₹15,52,951 |
| Year 14 | ₹7,47,077 | ₹92,357 | ₹8,39,434 | ₹8,05,875 |
| Year 15 | ₹8,05,875 | ₹33,559 | ₹8,39,434 | ₹0 |
Frequently asked questions
What is the EMI for a ₹75 lakh Kotak Mahindra Bank home loan for 15 years?
At Kotak Mahindra Bank's starting rate of 7.6% the EMI is about ₹69,953 a month. If your offered rate is 8.6% it would be about ₹74,296.
How much total interest will I pay?
At 7.6% the total interest over 15 years is about ₹50,91,505, so you repay about ₹1,25,91,505 in all.