Calculate your Kotak Mahindra Bank bike loan EMI instantly. Current rate starts from 13.50 - 16.50% p.a. with tenure up to 5 years.
| Year | Principal | Interest | Balance |
|---|
Kotak Mahindra Bank offers bike loan starting from 13.50 - 16.50% per annum with a maximum tenure of 5 years. The processing fee is 1% of loan amount. Prepayment policy: Nil after 6 months.
Tenure: 3 years
| Loan Amount | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| ₹50K | ₹1,697 | ₹11,092 | ₹61,092 |
| ₹75K | ₹2,545 | ₹16,620 | ₹91,620 |
| ₹1 Lakh | ₹3,394 | ₹22,184 | ₹1,22,184 |
| ₹1.5 Lakh | ₹5,090 | ₹33,240 | ₹1,83,240 |
| ₹2 Lakh | ₹6,787 | ₹44,332 | ₹2,44,332 |
| ₹2.5 Lakh | ₹8,484 | ₹55,424 | ₹3,05,424 |
| ₹3 Lakh | ₹10,181 | ₹66,516 | ₹3,66,516 |
Kotak Mahindra Bank offers Bike Loan at interest rates starting from 13.50 - 16.50% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.
The EMI for a ₹1.5 Lakh Bike Loan from Kotak Mahindra Bank at 13.5% for 3 years is approximately ₹5,090 per month. Use the calculator above to check EMI for different amounts.
Kotak Mahindra Bank offers Bike Loan up to ₹4 Lakh with a maximum tenure of 5 years, subject to eligibility criteria and income assessment.
The processing fee for Kotak Mahindra Bank Bike Loan is 1% of loan amount. Prepayment charges: Nil after 6 months.
You can apply for Kotak Mahindra Bank Bike Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.