Kotak vs Bajaj Loan Against Property, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on Kotak Mahindra Bank and Bajaj Housing Finance— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
Kotak vs Bajaj — Loan Against Property Comparison
Key parameters compared side by side.
| Parameter | Kotak | Bajaj |
|---|---|---|
| Interest Rate (p.a.) | 9.25% – 12% | 8.75% – 11% |
| Processing Fee | 1.00% (max Rs 50,000) | 1.00% (max Rs 50,000) |
| Max Loan Amount | Rs 5 Cr | Rs 10 Cr |
| Max Tenure | 18 Years | 20 Years |
| Bank Type | Private Sector | NBFC |
| Founded | 1985 | 2015 |
| Headquarters | Mumbai | Pune |
Interest Rate (p.a.)
Kotak
9.25% – 12%
Bajaj
8.75% – 11%
Lower/better: Bajaj
Processing Fee
Kotak
1.00% (max Rs 50,000)
Bajaj
1.00% (max Rs 50,000)
Max Loan Amount
Kotak
Rs 5 Cr
Bajaj
Rs 10 Cr
Lower/better: Bajaj
Max Tenure
Kotak
18 Years
Bajaj
20 Years
Lower/better: Bajaj
Bank Type
Kotak
Private Sector
Bajaj
NBFC
Founded
Kotak
1985
Bajaj
2015
Headquarters
Kotak
Mumbai
Bajaj
Pune
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 lowest rate.
Kotak
Bajaj
Savings: Choosing Bajaj saves you approximately ₹893 per month, or ₹1,60,740 in total interest over the loan tenure.
Feature Comparison
Key features offered by Kotak and Bajaj for loan against property.
| Feature | Kotak | Bajaj |
|---|---|---|
| Up to 65% LTV | ||
| Flexi OD available | ||
| Quick valuation turnaround | ||
| Balance transfer + top-up | ||
| Up to 70% LTV | ||
| Flexi loan with OD | ||
| Quick TAT |
Up to 65% LTV
Flexi OD available
Quick valuation turnaround
Balance transfer + top-up
Up to 70% LTV
Flexi loan with OD
Quick TAT
Which Is Better — Kotak or Bajaj?
It depends on your priorities. Here is a quick guide.
Choose Kotak If...
- Trusted brand with strong loan against property offerings
Choose Bajaj If...
- Lower starting interest rate (8.75% vs 9.25%)
- Higher max loan amount (Rs 10 Cr vs 5 Cr)
- Longer max tenure (20 yrs vs 18 yrs)
- Lower maximum rate (11% vs 12%)
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 loan against property at both banks.
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.
Bajaj 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 Kotak vs Bajaj loan against property.
Which bank has a lower loan against property interest rate in 2026 — Kotak or Bajaj?
Bajaj currently offers a lower starting rate of 8.75% p.a. for loan against property. 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 loan against property amount I can get from Kotak vs Bajaj?
Bajaj offers a higher maximum loan amount of up to Rs 10 Cr. Kotak offers up to Rs 5 Cr while Bajaj offers up to Rs 10 Cr for loan against property.
Which bank charges a lower processing fee for loan against property — Kotak or Bajaj?
Kotak charges a processing fee of 1.00% (max Rs 50,000), while Bajaj charges 1.00% (max Rs 50,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose Kotak or Bajaj for loan against property in 2026?
The best choice depends on your specific needs. Kotak offers rates from 9.25%–12% with a max tenure of 18 years, while Bajaj offers 8.75%–11% 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 loan against property from both Kotak and Bajaj?
Yes. Money Matrix Hub is an authorised DSA partner for both Kotak and Bajaj. 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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