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Kotak Mahindra Bank ₹5 lakh Personal Loan EMI for 5 Years
At the advertised starting rate of 10.99%, the EMI is about ₹10,869 a month, with total interest of about ₹1,52,123.
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) | ₹10,869 | ₹1,52,123 | ₹6,52,123 |
| 11.49% | ₹10,994 | ₹1,59,628 | ₹6,59,628 |
| 11.99% | ₹11,120 | ₹1,67,182 | ₹6,67,182 |
| 12.49% | ₹11,246 | ₹1,74,786 | ₹6,74,786 |
| 12.99% | ₹11,374 | ₹1,82,439 | ₹6,82,439 |
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 | ₹79,395 | ₹51,030 | ₹1,30,425 | ₹4,20,605 |
| Year 2 | ₹88,574 | ₹41,851 | ₹1,30,425 | ₹3,32,032 |
| Year 3 | ₹98,813 | ₹31,611 | ₹1,30,425 | ₹2,33,218 |
| Year 4 | ₹1,10,237 | ₹20,188 | ₹1,30,425 | ₹1,22,981 |
| Year 5 | ₹1,22,981 | ₹7,443 | ₹1,30,425 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 lakh Kotak Mahindra Bank personal loan for 5 years?
At Kotak Mahindra Bank's starting rate of 10.99% the EMI is about ₹10,869 a month. If your offered rate is 11.99% it would be about ₹11,120.
How much total interest will I pay?
At 10.99% the total interest over 5 years is about ₹1,52,123, so you repay about ₹6,52,123 in all.