HDFC vs Kotak Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on HDFC Bank and Kotak Mahindra Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
HDFC vs Kotak — Business Loan Comparison
Key parameters compared side by side.
| Parameter | HDFC | Kotak |
|---|---|---|
| Interest Rate (p.a.) | 10.5% – 15% | 11.5% – 16% |
| Processing Fee | 1.50% (min Rs 10,000) | 2.00% (min Rs 15,000) |
| Max Loan Amount | Rs 5 Cr | Rs 2 Cr |
| Max Tenure | 7 Years | 5 Years |
| Bank Type | Private Sector | Private Sector |
| Founded | 1994 | 1985 |
| Headquarters | Mumbai | Mumbai |
Interest Rate (p.a.)
HDFC
10.5% – 15%
Kotak
11.5% – 16%
Lower/better: HDFC
Processing Fee
HDFC
1.50% (min Rs 10,000)
Kotak
2.00% (min Rs 15,000)
Max Loan Amount
HDFC
Rs 5 Cr
Kotak
Rs 2 Cr
Lower/better: HDFC
Max Tenure
HDFC
7 Years
Kotak
5 Years
Lower/better: HDFC
Bank Type
HDFC
Private Sector
Kotak
Private Sector
Founded
HDFC
1994
Kotak
1985
Headquarters
HDFC
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 lowest rate.
HDFC
Kotak
Savings: Choosing HDFC saves you approximately ₹997 per month, or ₹59,820 in total interest over the loan tenure.
Feature Comparison
Key features offered by HDFC and Kotak for business loan.
| Feature | HDFC | Kotak |
|---|---|---|
| Instant approval for existing HDFC customers | ||
| Flexi-loan option | ||
| Working capital + term loan combo | ||
| Online disbursement | ||
| Pre-approved for Kotak CA holders | ||
| Flexible repayment tenure | ||
| No hidden charges | ||
| Online document upload |
Instant approval for existing HDFC customers
Flexi-loan option
Working capital + term loan combo
Online disbursement
Pre-approved for Kotak CA holders
Flexible repayment tenure
No hidden charges
Online document upload
Which Is Better — HDFC or Kotak?
It depends on your priorities. Here is a quick guide.
Choose HDFC If...
- Lower starting interest rate (10.5% vs 11.5%)
- Higher max loan amount (Rs 5 Cr vs 2 Cr)
- Longer max tenure (7 yrs vs 5 yrs)
- Lower maximum rate (15% vs 16%)
Choose Kotak If...
- Trusted brand with strong business loan offerings
Still unsure? Contact Money Matrix Hub for a free personalised recommendation based on your income, credit score, and loan requirement.
Eligibility Comparison
General eligibility criteria for business loan at both banks.
HDFC 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.
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 HDFC vs Kotak business loan.
Which bank has a lower business loan interest rate in 2026 — HDFC or Kotak?
HDFC currently offers a lower starting rate of 10.5% p.a. for business loan. However, the actual rate you receive depends on your credit score, income, and loan amount. Money Matrix Hub can help you get the best negotiated rate from both banks.
What is the maximum business loan amount I can get from HDFC vs Kotak?
HDFC offers a higher maximum loan amount of up to Rs 5 Cr. HDFC 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 — HDFC or Kotak?
HDFC charges a processing fee of 1.50% (min Rs 10,000), while Kotak charges 2.00% (min Rs 15,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose HDFC or Kotak for business loan in 2026?
The best choice depends on your specific needs. HDFC offers rates from 10.5%–15% 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 HDFC and Kotak?
Yes. Money Matrix Hub is an authorised DSA partner for both HDFC and Kotak. We can submit parallel applications at no extra cost and help you pick the best sanction offer. Our service is 100% free for borrowers.
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