ICICI vs Kotak Loan Against Property, 2026.
Reviewed by Jay Patel· Last reviewed:
A ledger-columns read on ICICI Bank and Kotak Mahindra Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
ICICI vs Kotak — Loan Against Property Comparison
Key parameters compared side by side.
| Parameter | ICICI | Kotak |
|---|---|---|
| Interest Rate (p.a.) | 9% – 11.5% | 9.25% – 12% |
| Processing Fee | 1.00% (max Rs 1,00,000) | 1.00% (max Rs 50,000) |
| Max Loan Amount | Rs 8 Cr | Rs 5 Cr |
| Max Tenure | 18 Years | 18 Years |
| Bank Type | Private Sector | Private Sector |
| Founded | 1994 | 1985 |
| Headquarters | Mumbai | Mumbai |
Interest Rate (p.a.)
ICICI
9% – 11.5%
Kotak
9.25% – 12%
Lower/better: ICICI
Processing Fee
ICICI
1.00% (max Rs 1,00,000)
Kotak
1.00% (max Rs 50,000)
Max Loan Amount
ICICI
Rs 8 Cr
Kotak
Rs 5 Cr
Lower/better: ICICI
Max Tenure
ICICI
18 Years
Kotak
18 Years
Bank Type
ICICI
Private Sector
Kotak
Private Sector
Founded
ICICI
1994
Kotak
1985
Headquarters
ICICI
Mumbai
Kotak
Mumbai
Rates as of April 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 30 Lakh LAP for 15 years at each bank's listed starting rate.
ICICI
Kotak
Savings: Choosing ICICI saves you approximately ₹448 per month, or ₹80,640 in total interest over the loan tenure.
Feature Comparison
Key features offered by ICICI and Kotak for loan against property.
| Feature | ICICI | Kotak |
|---|---|---|
| Up to 65% LTV | ||
| Industrial property also accepted | ||
| Flexi repayment option | ||
| Dedicated MSME team | ||
| Flexi OD available | ||
| Quick valuation turnaround | ||
| Balance transfer + top-up |
Up to 65% LTV
Industrial property also accepted
Flexi repayment option
Dedicated MSME team
Flexi OD available
Quick valuation turnaround
Balance transfer + top-up
Which Is Better — ICICI or Kotak?
It depends on your priorities. Here is a quick guide.
Choose ICICI If...
- Lower starting interest rate (9% vs 9.25%)
- Higher max loan amount (Rs 8 Cr vs 5 Cr)
- Lower maximum rate (11.5% vs 12%)
Choose Kotak If...
- Trusted brand with strong loan against property offerings
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 loan against property at both banks.
ICICI Eligibility
- Property must be free from encumbrance
- CIBIL score: 700+ preferred
- Salaried or self-employed applicants
- Min income: Rs 30,000 per month
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Kotak Eligibility
- Property must be free from encumbrance
- CIBIL score: 700+ preferred
- Salaried or self-employed applicants
- Min income: Rs 30,000 per month
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about ICICI vs Kotak loan against property.
Which bank has a lower loan against property interest rate in 2026 — ICICI or Kotak?
ICICI currently shows a lower published starting rate of 9% p.a. for loan against property. 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 loan against property amount I can get from ICICI vs Kotak?
ICICI offers a higher maximum loan amount of up to Rs 8 Cr. ICICI offers up to Rs 8 Cr while Kotak offers up to Rs 5 Cr for loan against property.
Which bank charges a lower processing fee for loan against property — ICICI or Kotak?
ICICI lists a processing fee of 1.00% (max Rs 1,00,000), while Kotak lists 1.00% (max Rs 50,000). 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 loan against property in 2026?
The best choice depends on your specific needs. ICICI offers rates from 9%–11.5% with a max tenure of 18 years, while Kotak offers 9.25%–12% with 18 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a loan against property 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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