Kotak vs PNB Business Loan, 2026.
Reviewed by Jay Patel· Last reviewed: stale
A ledger-columns read on Kotak Mahindra Bank and Punjab National Bank— rate, EMI, fee, fine print. Which one wins your file, not the pitch deck.
Kotak vs PNB — Business Loan Comparison
Key parameters compared side by side.
| Parameter | Kotak | PNB |
|---|---|---|
| Interest Rate (p.a.) | 11.5% – 16% | 10.35% – 14.75% |
| Processing Fee | 2.00% (min Rs 15,000) | 1.00% (min Rs 5,000) |
| Max Loan Amount | Rs 2 Cr | Rs 5 Cr |
| Max Tenure | 5 Years | 7 Years |
| Bank Type | Private Sector | Public Sector |
| Founded | 1985 | 1894 |
| Headquarters | Mumbai | New Delhi |
Interest Rate (p.a.)
Kotak
11.5% – 16%
PNB
10.35% – 14.75%
Lower/better: PNB
Processing Fee
Kotak
2.00% (min Rs 15,000)
PNB
1.00% (min Rs 5,000)
Max Loan Amount
Kotak
Rs 2 Cr
PNB
Rs 5 Cr
Lower/better: PNB
Max Tenure
Kotak
5 Years
PNB
7 Years
Lower/better: PNB
Bank Type
Kotak
Private Sector
PNB
Public Sector
Founded
Kotak
1985
PNB
1894
Headquarters
Kotak
Mumbai
PNB
New Delhi
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.
Kotak
PNB
Savings: Choosing PNB saves you approximately ₹1,146 per month, or ₹68,760 in total interest over the loan tenure.
Feature Comparison
Key features offered by Kotak and PNB for business loan.
| Feature | Kotak | PNB |
|---|---|---|
| Pre-approved for Kotak CA holders | ||
| Flexible repayment tenure | ||
| No hidden charges | ||
| Online document upload | ||
| PNB Pragati scheme for MSME | ||
| MUDRA loans available | ||
| Working capital for traders | ||
| Agriculture business loans |
Pre-approved for Kotak CA holders
Flexible repayment tenure
No hidden charges
Online document upload
PNB Pragati scheme for MSME
MUDRA loans available
Working capital for traders
Agriculture business loans
Which Is Better — Kotak or PNB?
It depends on your priorities. Here is a quick guide.
Choose Kotak If...
- Trusted brand with strong business loan offerings
Choose PNB If...
- Lower starting interest rate (10.35% 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)
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.
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.
PNB 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.
Frequently Asked Questions
Common questions about Kotak vs PNB business loan.
Which bank has a lower business loan interest rate in 2026 — Kotak or PNB?
PNB currently offers a lower starting rate of 10.35% 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 Kotak vs PNB?
PNB offers a higher maximum loan amount of up to Rs 5 Cr. Kotak offers up to Rs 2 Cr while PNB offers up to Rs 5 Cr for business loan.
Which bank charges a lower processing fee for business loan — Kotak or PNB?
Kotak charges a processing fee of 2.00% (min Rs 15,000), while PNB charges 1.00% (min Rs 5,000). Processing fees are often negotiable, and Money Matrix Hub can help waive or reduce these charges.
Should I choose Kotak or PNB for business loan in 2026?
The best choice depends on your specific needs. Kotak offers rates from 11.5%–16% with a max tenure of 5 years, while PNB offers 10.35%–14.75% with 7 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 Kotak and PNB?
Yes. Money Matrix Hub is an authorised DSA partner for both Kotak and PNB. 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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