Calculate your Kotak Mahindra Bank education loan EMI instantly. Current rate starts from 10.00 - 16.00% p.a. with tenure up to 10 years.
| Year | Principal | Interest | Balance |
|---|
Kotak Mahindra Bank offers education loan starting from 10.00 - 16.00% per annum with a maximum tenure of 10 years. The processing fee is Up to 2% + GST. Prepayment policy: Nil.
Tenure: 7 years
| Loan Amount | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| ₹5 Lakh | ₹8,301 | ₹1,97,284 | ₹6,97,284 |
| ₹7 Lakh | ₹11,621 | ₹2,76,164 | ₹9,76,164 |
| ₹10 Lakh | ₹16,601 | ₹3,94,484 | ₹13,94,484 |
| ₹15 Lakh | ₹24,902 | ₹5,91,768 | ₹20,91,768 |
| ₹20 Lakh | ₹33,202 | ₹7,88,968 | ₹27,88,968 |
| ₹25 Lakh | ₹41,503 | ₹9,86,252 | ₹34,86,252 |
| ₹30 Lakh | ₹49,804 | ₹11,83,536 | ₹41,83,536 |
| ₹40 Lakh | ₹66,405 | ₹15,78,020 | ₹55,78,020 |
| ₹50 Lakh | ₹83,006 | ₹19,72,504 | ₹69,72,504 |
Kotak Mahindra Bank offers Education Loan at interest rates starting from 10.00 - 16.00% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.
The EMI for a ₹20 Lakh Education Loan from Kotak Mahindra Bank at 10% for 7 years is approximately ₹33,202 per month. Use the calculator above to check EMI for different amounts.
Kotak Mahindra Bank offers Education Loan up to ₹50 Lakh with a maximum tenure of 10 years, subject to eligibility criteria and income assessment.
The processing fee for Kotak Mahindra Bank Education Loan is Up to 2% + GST. Prepayment charges: Nil.
You can apply for Kotak Mahindra Bank Education 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.