Home › Personal Loan › Kotak Mahindra Bank › ₹10 lakh for 5 years
Kotak Mahindra Bank ₹10 lakh Personal Loan EMI for 5 Years
At the advertised starting rate of 10.99%, the EMI is about ₹21,737 a month, with total interest of about ₹3,04,246.
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 |
|---|---|---|---|
| 10.99% (starting) | ₹21,737 | ₹3,04,246 | ₹13,04,246 |
| 11.49% | ₹21,988 | ₹3,19,255 | ₹13,19,255 |
| 11.99% | ₹22,239 | ₹3,34,364 | ₹13,34,364 |
| 12.49% | ₹22,493 | ₹3,49,571 | ₹13,49,571 |
| 12.99% | ₹22,748 | ₹3,64,877 | ₹13,64,877 |
Year-by-year repayment schedule at 10.99%
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 | ₹1,58,790 | ₹1,02,060 | ₹2,60,849 | ₹8,41,210 |
| Year 2 | ₹1,77,147 | ₹83,702 | ₹2,60,849 | ₹6,64,063 |
| Year 3 | ₹1,97,627 | ₹63,223 | ₹2,60,849 | ₹4,66,437 |
| Year 4 | ₹2,20,474 | ₹40,375 | ₹2,60,849 | ₹2,45,963 |
| Year 5 | ₹2,45,963 | ₹14,887 | ₹2,60,849 | ₹0 |
Frequently asked questions
What is the EMI for a ₹10 lakh Kotak Mahindra Bank personal loan for 5 years?
At Kotak Mahindra Bank's starting rate of 10.99% the EMI is about ₹21,737 a month. If your offered rate is 11.99% it would be about ₹22,239.
How much total interest will I pay?
At 10.99% the total interest over 5 years is about ₹3,04,246, so you repay about ₹13,04,246 in all.