ICICI vs Kotak Home Loan, 2026.
Reviewed by Jay Patel· Last reviewed:
ICICI Bank and Kotak Mahindra Bank side by side — interest rate, EMI, processing fee and fine print — so you can see which one suits your profile.
ICICI vs Kotak — Home Loan Comparison
Key parameters compared side by side.
| Parameter | ICICI | Kotak |
|---|---|---|
| Interest Rate (p.a.) | 7.55% – 9.8% | 7.6% – 9.4% |
| Processing Fee | 0.50% + taxes | 0.50% (max ₹10,000) |
| Max Loan Amount | Rs 10 Cr | Rs 5 Cr |
| Max Tenure | 30 Years | 20 Years |
| Bank Type | Private Sector | Private Sector |
| Founded | 1994 | 1985 |
| Headquarters | Mumbai | Mumbai |
Interest Rate (p.a.)
ICICI
7.55% – 9.8%
Kotak
7.6% – 9.4%
Lower/better: ICICI
Processing Fee
ICICI
0.50% + taxes
Kotak
0.50% (max ₹10,000)
Max Loan Amount
ICICI
Rs 10 Cr
Kotak
Rs 5 Cr
Lower/better: ICICI
Max Tenure
ICICI
30 Years
Kotak
20 Years
Lower/better: ICICI
Bank Type
ICICI
Private Sector
Kotak
Private Sector
Founded
ICICI
1994
Kotak
1985
Headquarters
ICICI
Mumbai
Kotak
Mumbai
Rates as of September 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 50 Lakh home loan for 20 years at each bank's listed starting rate.
ICICI
Kotak
Savings: Choosing ICICI saves you approximately ₹153 per month, or ₹36,720 in total interest over the loan tenure.
Feature Comparison
Key features offered by ICICI and Kotak for home loan.
| Feature | ICICI | Kotak |
|---|---|---|
| iMobile eligibility check | ||
| Doorstep document pickup | ||
| Charges listed in the Key Fact Statement | ||
| Special offer for NRI customers | ||
| 811 Dream Home Loan | ||
| No prepayment penalty | ||
| Digital approval journey | ||
| Free legal & valuation |
iMobile eligibility check
Doorstep document pickup
Charges listed in the Key Fact Statement
Special offer for NRI customers
811 Dream Home Loan
No prepayment penalty
Digital approval journey
Free legal & valuation
Which Is Better — ICICI or Kotak?
It depends on your priorities. Here is a quick guide.
Choose ICICI If...
- Lower starting interest rate (7.55% vs 7.6%)
- Higher max loan amount (Rs 10 Cr vs 5 Cr)
- Longer max tenure (30 yrs vs 20 yrs)
Choose Kotak If...
- Lower maximum rate (9.4% vs 9.8%)
Need context for this comparison? Contact Money Matrix Hub to discuss the displayed lender information. Any service terms and lender decisions should be confirmed before proceeding.
Eligibility Comparison
General eligibility criteria for home loan at both banks.
ICICI Eligibility
- CIBIL score: 700+ preferred
- Min income: Rs 25,000 per month (salaried)
- Self-employed: 3+ years of business vintage
- Age: 21–65 years (salaried), 25–70 years (self-employed)
- Indian resident or NRI (with conditions)
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Kotak Eligibility
- CIBIL score: 700+ preferred
- Min income: Rs 25,000 per month (salaried)
- Self-employed: 3+ years of business vintage
- Age: 21–65 years (salaried), 25–70 years (self-employed)
- Indian resident or NRI (with conditions)
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about ICICI vs Kotak home loan.
Which bank has a lower home loan interest rate in 2026 — ICICI or Kotak?
ICICI currently shows a lower published starting rate of 7.55% p.a. for home loan. However, the actual rate you receive depends on lender eligibility, current documentation, credit score, income, and loan amount. Money Matrix Hub can help you compare available lender information from both banks.
What is the maximum home loan amount I can get from ICICI vs Kotak?
ICICI offers a higher maximum loan amount of up to Rs 10 Cr. ICICI offers up to Rs 10 Cr while Kotak offers up to Rs 5 Cr for home loan.
Which bank charges a lower processing fee for home loan — ICICI or Kotak?
ICICI lists a processing fee of 0.50% + taxes, while Kotak lists 0.50% (max ₹10,000). Fees and waivers can depend on lender policy and borrower eligibility, so confirm the current Key Fact Statement before accepting an offer.
Should I choose ICICI or Kotak for home loan in 2026?
The best choice depends on your specific needs. ICICI offers rates from 7.55%–9.8% with a max tenure of 30 years, while Kotak offers 7.6%–9.4% with 20 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a home loan from both ICICI and Kotak?
Money Matrix Hub can help you compare available lender information for ICICI and Kotak. Any application, credit enquiry, offer, sanction decision, lender fee, and borrower charge are subject to the relevant lender's current policy and documentation.
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