Kotak · Business Loan
Kotak Mahindra Bank business loan, 2026.
Reviewed by Rushik Patel· Last reviewed: staleKotak business loan from 11.5% p.a., up to Rs 2 Cr over 5 years. Through MMH, we negotiate sharper rates and faster processing than a walk-in.
Interest Rate
11.5% – 16%
Max Amount
Rs 2 Cr
Max Tenure
5 Years
Processing Fee
2.00%
Kotak Business Loan — Key Features
What makes Kotak's business loan offering stand out.
Pre-approved for Kotak CA holders
Flexible repayment tenure
No hidden charges
Online document upload
Kotak Business Loan Rate Details
Complete breakdown of interest rate, fees, and terms.
| Interest Rate (p.a.) | 11.5% – 16% |
| Rate Type | Floating (linked to EBLR / RLLR) |
| Processing Fee | 2.00% (min Rs 15,000) |
| Maximum Loan Amount | Rs 2 Crore |
| Maximum Tenure | 5 Years |
| Prepayment Charges | 2-4% of outstanding (varies) |
| Late Payment Fee | 2% p.a. on overdue amount |
Kotak Business Loan EMI Examples
Approximate monthly EMI at 11.5% p.a. interest rate.
| Loan Amount | Tenure | Monthly EMI |
|---|---|---|
| Rs 10,00,000 | 3 years | Rs 32,976 |
| Rs 25,00,000 | 5 years | Rs 54,982 |
| Rs 50,00,000 | 5 years | Rs 1,09,963 |
| Rs 1,00,00,000 | 7 years | Rs 1,73,865 |
EMI calculated at 11.5% p.a. on reducing balance. Actual EMI may vary based on approved rate and tenure.
Use our EMI Calculator for custom amountsKotak Business Loan Eligibility
Who can apply for Kotak's business loan.
Salaried Applicants
- Age: 21 – 60 years
- Min Income: Rs 30,000/month
- Experience: 2 years
- CIBIL Score: 700+
Self-Employed Applicants
- Age: 21 – 65 years
- Min Income: Rs 5 Lakhs/year turnover
- Business Vintage: 3 years
- CIBIL Score: 680+
Documents for Kotak Business Loan
Documents you need to apply for Kotak's business loan.
Salaried
- 1PAN Card & Aadhaar Card
- 2Last 6 months salary slips
- 3Last 2 years Form 16 / ITR
- 4Last 6 months bank statements
- 5Business plan / purpose of loan letter
- 6Passport-size photographs
Self-Employed
- 1PAN Card & Aadhaar Card
- 2Last 3 years ITR with computation
- 3Last 3 years audited financials
- 4Last 12 months bank statements
- 5GST returns (last 12 months)
- 6Business registration documents
- 7KYC of all directors / partners
Kotak vs Other Banks — Business Loan Rate Comparison
How does Kotak's rate compare with competitors?
| Bank | Rate (p.a.) | Max Amount |
|---|---|---|
| Kotak (This bank) | 11.5% – 16% | Rs 2 Cr |
| SBI | 10.25% – 14.5% | Rs 5 Cr |
| PNB | 10.35% – 14.75% | Rs 5 Cr |
| HDFC | 10.5% – 15% | Rs 5 Cr |
| BoB | 10.5% – 14.75% | Rs 5 Cr |
| Canara | 10.5% – 14.5% | Rs 5 Cr |
Other Kotak Loan Products
Explore more loan products from Kotak Mahindra Bank.
Kotak Business Loan — Frequently Asked Questions
Common questions about Kotak's business loan product.
What is the minimum turnover required for a business loan?
Most banks require a minimum annual turnover of Rs 5-10 Lakhs for unsecured business loans. For larger amounts (above Rs 50 Lakhs), turnover of Rs 50 Lakhs to Rs 1 Crore is typically needed. MSME-registered businesses may get relaxed criteria.
Can I get a business loan without collateral?
Yes. Unsecured business loans up to Rs 50 Lakhs are available from most banks and NBFCs. Under the CGTMSE scheme, loans up to Rs 5 Crore can be sanctioned without collateral with a government guarantee. Money Matrix Hub identifies the best unsecured options for your profile.
How fast can I get a business loan sanctioned?
Pre-approved offers from existing bank relationships can be sanctioned within 24-48 hours. Fresh business loans typically take 5-10 working days. With Money Matrix Hub's documentation support, we help accelerate the process to 3-5 days in most cases.
What types of business loans are available?
Term loans, working capital loans, overdraft/cash credit, equipment finance, MUDRA loans (up to Rs 10 Lakhs), MSME loans, invoice discounting, and trade finance. Money Matrix Hub helps you choose the right product based on your business needs.
Are business loan interest payments tax deductible?
Yes. Interest paid on a business loan is fully deductible as a business expense under Section 37(1) of the Income Tax Act. This effectively reduces your tax liability and the real cost of borrowing.
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