Check your Kotak Mahindra Bank education loan eligibility. Rate: 10.00 - 16.00% p.a. Max amount: ₹50 L.
Kotak Mahindra Bank offers education loan at an interest rate of 10.00 - 16.00% p.a. with a maximum tenure of 10 years. The maximum loan amount is ₹50 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹5 Lakh | ₹8,301 | ₹1,97,284 | ₹16,602/mo |
| ₹7 Lakh | ₹11,621 | ₹2,76,164 | ₹23,242/mo |
| ₹10 Lakh | ₹16,601 | ₹3,94,484 | ₹33,202/mo |
| ₹15 Lakh | ₹24,902 | ₹5,91,768 | ₹49,804/mo |
| ₹20 Lakh | ₹33,202 | ₹7,88,968 | ₹66,404/mo |
| ₹25 Lakh | ₹41,503 | ₹9,86,252 | ₹83,006/mo |
| ₹30 Lakh | ₹49,804 | ₹11,83,536 | ₹99,608/mo |
| ₹40 Lakh | ₹66,405 | ₹15,78,020 | ₹1,32,810/mo |
Kotak Mahindra Bank Education Loan interest rate ranges from 10.00 - 16.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Kotak Mahindra Bank offers a maximum education loan of ₹50 L with a tenure of up to 10 years.
The processing fee for Kotak Mahindra Bank Education Loan is Up to 2% + GST.
Kotak Mahindra Bank Education Loan prepayment policy: Nil.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.