SBI vs Kotak Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed:
A ledger-columns read on State Bank of India and Kotak Mahindra Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
SBI vs Kotak — Business Loan Comparison
Key parameters compared side by side.
| Parameter | SBI | Kotak |
|---|---|---|
| Interest Rate (p.a.) | 10.25% – 14.5% | 11.5% – 16% |
| Processing Fee | 1.00% (min Rs 5,000) | 2.00% (min Rs 15,000) |
| Max Loan Amount | Rs 5 Cr | Rs 2 Cr |
| Max Tenure | 7 Years | 5 Years |
| Bank Type | Public Sector | Private Sector |
| Founded | 1955 | 1985 |
| Headquarters | Mumbai | Mumbai |
Interest Rate (p.a.)
SBI
10.25% – 14.5%
Kotak
11.5% – 16%
Lower/better: SBI
Processing Fee
SBI
1.00% (min Rs 5,000)
Kotak
2.00% (min Rs 15,000)
Max Loan Amount
SBI
Rs 5 Cr
Kotak
Rs 2 Cr
Lower/better: SBI
Max Tenure
SBI
7 Years
Kotak
5 Years
Lower/better: SBI
Bank Type
SBI
Public Sector
Kotak
Private Sector
Founded
SBI
1955
Kotak
1985
Headquarters
SBI
Mumbai
Kotak
Mumbai
Rates as of April 2026. Subject to change based on RBI policy and bank revisions.
EMI Comparison
Estimated EMI for Rs 20 Lakh business loan for 5 years at each bank's listed starting rate.
SBI
Kotak
Savings: Choosing SBI saves you approximately ₹1,244 per month, or ₹74,640 in total interest over the loan tenure.
Feature Comparison
Key features offered by SBI and Kotak for business loan.
| Feature | SBI | Kotak |
|---|---|---|
| MSME priority processing | ||
| CGTMSE cover available | ||
| No collateral up to Rs 50L | ||
| Pre-approved for existing SBI customers | ||
| Pre-approved for Kotak CA holders | ||
| Flexible repayment tenure | ||
| No hidden charges | ||
| Online document upload |
MSME priority processing
CGTMSE cover available
No collateral up to Rs 50L
Pre-approved for existing SBI customers
Pre-approved for Kotak CA holders
Flexible repayment tenure
No hidden charges
Online document upload
Which Is Better — SBI or Kotak?
It depends on your priorities. Here is a quick guide.
Choose SBI If...
- Lower starting interest rate (10.25% vs 11.5%)
- Higher max loan amount (Rs 5 Cr vs 2 Cr)
- Longer max tenure (7 yrs vs 5 yrs)
- Government-backed (public sector bank)
Choose Kotak If...
- Trusted brand with strong business loan 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 business loan at both banks.
SBI Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 10 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Kotak Eligibility
- Business vintage: 2+ years (ITR required)
- Min annual turnover: Rs 15 Lakh
- CIBIL score: 650+ preferred
- Valid GST registration
- Age: 21–65 years at loan maturity
Criteria may vary. Contact Money Matrix Hub for exact eligibility assessment.
Frequently Asked Questions
Common questions about SBI vs Kotak business loan.
Which bank has a lower business loan interest rate in 2026 — SBI or Kotak?
SBI currently shows a lower published starting rate of 10.25% p.a. for business 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 business loan amount I can get from SBI vs Kotak?
SBI offers a higher maximum loan amount of up to Rs 5 Cr. SBI offers up to Rs 5 Cr while Kotak offers up to Rs 2 Cr for business loan.
Which bank charges a lower processing fee for business loan — SBI or Kotak?
SBI lists a processing fee of 1.00% (min Rs 5,000), while Kotak lists 2.00% (min Rs 15,000). 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 SBI or Kotak for business loan in 2026?
The best choice depends on your specific needs. SBI offers rates from 10.25%–14.5% with a max tenure of 7 years, while Kotak offers 11.5%–16% with 5 years tenure. Contact Money Matrix Hub for a personalised comparison based on your profile.
Can Money Matrix Hub help me apply for a business loan from both SBI and Kotak?
Money Matrix Hub can help you compare available lender information for SBI 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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