logo
Home Loans
Calculators
Resources
Partner with Us
Find Properties
Free Credit Report
Home Loan Comparison

ICICI Bank Home Loan vs Kotak Mahindra Home Loan

ICICI Bank
Kotak Mahindra

Introduction

Looking for the best home loan deal? This comparison between ICICI Bank and Kotak Mahindra will cover their interest rates, repayment options, and unique features, helping you determine which bank aligns best with your home financing needs.

Basic InfoICICI BankKotak Mahindra
 
 
 
Interest Rate
Check Now ↗
8.75% - 10.00%
8.75% - 9.85%
Loan TenureMax 30 Years
Max 30 Years
LTV80% - 85%
80% - 85%
Max Loan AmountUpto 5cr
Upto 5cr
EligibilityICICI BankKotak Mahindra
 
 
 
AgeSalaried : 20 - 65 years
Self Employed : 21 - 70 years
Salaried: 18 - 60 years
Self Employed: 18 -65 years
ProfessionSalaried/Self Employed
Salaried/Self Employed
Income25,000/Month & Above
Metro Cities : 20,000/Month & Above
Other Cities : 15,000/Month & Above
NationalityResident Indian/ NRI
Resident Indian/ NRI
Fees & ChargesICICI BankKotak Mahindra
 
 
 
Processing Fees0.50% of the loan amount
0.5% - 1.00% of the loan amount
Other ChargesAdministrative Charges - 0.25 % of Facility Amount or ₹ 5000/- whichever is lower.
Reschedulment of Loan Term: Rs. 500
Properties supportedICICI BankKotak Mahindra
 
 
 
Plot Purchase
Independent Building
Apartment
Resale Property
New Construction
Features & OfferingsICICI BankKotak Mahindra
 
 
 
Home Loan
Plot Cum Construction Loan
Balance Transfer
Overdraft Facility
Top Up Facility
Other OfferingsLand Loan, Step-Up Home Loan, Loan Against Property, Commercial Property Purchase Loan
Home Improvement Loan

Bank Highlights

ICICI Bank Home Loan

  • Generous Loan Amount
  • Flexible Tenure
  • No Foreclosure Charges
  • Minimal Documentation
  • Instant Provisional Sanction

Kotak Mahindra Home Loan

  • Attractive Interest Rates
  • Minimal Documentation
  • 50% off on processing fees for all digital applications
  • Customizable Tenure

Disclaimer

The interest rates, maximum tenures, and other charges are subject to change, and it's advisable to check with our experts for the most current information.

credit dharma compare banks bannercredit dharma compare banks bannercredit dharma refer bannercredit dharma refer banner
Home Loan Calculations

ICICI Bank vs Kotak Mahindra Calculations

₹50,00,000
20 Years
Compare Home LoansICICI BankKotak Mahindra
 
 
 
Loan Amount₹ 50,00,000₹ 50,00,000
Loan Tenure20 years20 years
Rate of Interest8.75% - 10.00%8.75% - 9.85%
Monthly EMI₹ 44,185 -
₹ 48,251
₹ 44,185 -
₹ 47,755
Calculator

Home Loan EMI Calculator

whatsapp   WhatsApp Us
₹
₹1.0 Lacs.₹10.0 Cr.
%
2 %20 %
Yr
1 Yr30 Yr
Loan AmountInterest Amount
Monthly EMI
₹0
Loan Amount
₹0
Interest Amount
₹0

Loan Amount

₹ 0

Interest Amount

₹ 0

Total Payable

₹ 0

Monthly EMI

₹ 0

Your Amortization details(Yearly/Monthly)

Looking for lowest interest Home Loans?
Unlock exclusive offers from 20+ Banks

Feature Comparison

1

Rate of Interest

Choosing between ICICI Bank and Kotak Mahindra requires careful consideration of their interest rates. ICICI Bank offers rates of 8.75% - 10.00%, making it a favorable option for those seeking lower monthly obligations. Conversely, Kotak Mahindra provides rates of 8.75% - 9.85%, which may result in more substantial savings over the loan period.

2

Loan Tenure

ICICI Bank offers loan tenures of up to Max 30 Years, ideal for borrowers who prefer to spread their repayments over a longer timeframe. In contrast, Kotak Mahindra allows loan tenures extending to Max 30 Years, appealing to those who aim to pay off their loans more swiftly and reduce the total interest burden.

3

Maximum Loan Amount

When it comes to the maximum loan amount, ICICI Bank allows borrowing up to Upto 5cr, suitable for purchasing high-end or luxury properties. Kotak Mahindra caps the loan amount at Upto 5cr, which is perfect for individuals looking to invest in more moderately priced homes.

4

Processing Fees

Processing fees are a crucial aspect to consider. ICICI Bank imposes a processing fee of 0.50% of the loan amount, whereas Kotak Mahindra charges a fee of 0.5% - 1.00% of the loan amount. It's important to include these fees in your overall loan cost assessment.


Conclusion

Making a well-informed home loan choice requires careful review of key considerations such as interest rates, eligibility conditions, loan tenures, maximum loan limits, and processing fees. By comparing these aspects in the home loan offerings from ICICI Bank and Kotak Mahindra, you can choose the loan that best meets your financial needs.

Confused About Home Loans? We’re Here to HELP!

Get detailed answers to the most frequently asked questions, tailored for your peace of mind.

Which bank offers the best home loan?

Which bank offers the lowest home loan interest rates?

What is better: a floating or a fixed interest rate loan?

What are the eligibility criteria for a home loan?

Which bank provides up to 100% of the home loan amount?

Is ICICI Bank home loan better than Kotak Mahindra home loan?

How much salary is required for a home loan in ICICI Bank?

Is Kotak Mahindra good for home loans?

Which bank offers the best home loan?
The “best” home loan usually depends on your personal goals, credit history, and budget. Different banks excel in different areas—some might be the best at lower rates, while others offer flexible repayment options. At Credit Dharma, we help you compare various options to find the perfect fit for your dream home.
Which bank offers the lowest home loan interest rates?
What is better: a floating or a fixed interest rate loan?
What are the eligibility criteria for a home loan?
Which bank provides up to 100% of the home loan amount?
Is ICICI Bank home loan better than Kotak Mahindra home loan?
How much salary is required for a home loan in ICICI Bank?
Is Kotak Mahindra good for home loans?

Other ICICI Bank Home Loan Comparison

  • HDFC vs ICICI Bank

  • SBI vs ICICI Bank

  • Bajaj Finance vs ICICI Bank

  • Axis Bank vs ICICI Bank

Other Kotak Mahindra Home Loan Comparison

  • HDFC vs Kotak Mahindra

  • SBI vs Kotak Mahindra

  • Bajaj Finance vs Kotak Mahindra

  • Axis Bank vs Kotak Mahindra

logologo
Fast. Transparent. Spam Free.
Getting a home loan in India is none of the above.
At Creditdharma we are changing that and making your home buying journey stress free. Top Experts, Best Banking Partners and Super Easy Process.
Quick Links
Blogs
Home Loan Eligibility
Balance Transfer
Calculators
About Us
Partner with Us
Become an Advisor
Properties
Glossary
IFSC Code Search
Refer & Earn
Free Credit Report
Home Loan Score
Help
Sitemap
Get in Touch
Enzyme Office Spaces , 27th Main, 480/B, 18th Cross Road, HSR Layout, Bengaluru, Karnataka 560102
linkedininstatwt/x
General Enquiry
contact@creditdharma.in

Home Loans From Top Banks

SBI

SBI Home LoansSBI Home Loan EMI CalculatorSBI Home Loan Eligibility CalculatorSBI MaxGain Home LoansSBI Privilege Home LoanSBI Home Loan StatementSBI Home Loan Customer Care

HDFC

HDFC Home LoansHDFC Home Loan EMI CalculatorHDFC Home Loan Eligibility CalculatorHDFC Loan Against PropertyHDFC Home Loan with Overdraft FacilityHDFC Home Loan StatementHDFC Home Loan Customer Care

LIC Housing Finance

LIC Housing Finance Home LoansLIC Home Loan EMI CalculatorLIC Home Loan Eligibility CalculatorLIC Plot Loan DetailsLIC Home Loan StatementLIC Home Loan Customer Care

Bank of Baroda

Bank of Baroda Home LoansBank of Baroda Home Loan EMI CalculatorBank of Baroda Home Loan Eligibility CalculatorBank of Baroda Loan Against PropertyBank of Baroda Home Loan StatementBank of Baroda Home Loan Customer Care

IDBI Bank

IDBI Bank Home LoansIDBI Bank Home Loan EMI CalculatorIDBI Bank Home Loan Eligibility CalculatorIDBI Bank Home Loan Interest RatesIDBI Bank Home Loan StatementIDBI Bank Home Loan Customer Care

ICICI Bank

ICICI Bank Home LoansICICI Bank Home Loan EMI CalculatorICICI Bank Home Loan Eligibility CalculatorICICI Bank Home Loan Top-UpICICI Bank Home Loan StatementICICI Bank Home Loan Customer Care

AXIS Bank

AXIS Bank Home LoansAXIS Bank Home Loan EMI CalculatorAXIS Bank Home Loan Eligibility CalculatorAXIS Bank Loan Against PropertyAXIS Bank Home Loan StatementAXIS Bank Home Loan Customer Care

BAJAJ Housing Finance

BAJAJ Housing Finance Home LoansBAJAJ Housing Finance Home Loan EMI CalculatorBAJAJ Housing Finance Home Loan Eligibility CalculatorBAJAJ Housing Finance Sambhav Home LoanBAJAJ Housing Finance Home Loan StatementBAJAJ Housing Finance Home Loan Customer Care

Resources

Best Home Loans in Your City

Home Loans in BangaloreHome Loans in HyderabadHome Loans in MumbaiHome Loans in DelhiHome Loans in ChennaiHome Loans in JaipurHome Loans in Pune

Home Loans by Amount

Home Loan for 40 LakhsHome Loan for 45 LakhsHome Loan for 50 LakhsHome Loan for 55 LakhsHome Loan for 60 LakhsHome Loan for 65 LakhsHome Loan for 70 Lakhs

Home Loans by Salary

Home Loan for 40,000 SalaryHome Loan for 50,000 SalaryHome Loan for 60,000 SalaryHome Loan for 70,000 SalaryHome Loan for 80,000 SalaryHome Loan for 90,000 SalaryHome Loan for 1 Lakh Salary

Trending Home Loan Options

Home Loans for Salaried IndividualsHome Loans for Business OwnersPlot cum Construction LoansLoan Against Property DetailsHome Loan Top-Up DetailsHome Loan for NRIsHome Loan Without ITR Documents

Tools

Home Loan EMI CalculatorHome Loan Balance Transfer CalculatorCompare Home LoansHome Loan Eligibility CalculatorBuy vs Rent CalculatorFind Branch Details with IFSC CodeHome Loan Tax Benefits CalculatorFOIR CalculatorCheck Your Credit ScoreHome Loan Prepayment CalculatorHome Loan Insurance CalculatorProperty Budget CalculatorHome Loan with Overdraft CalculatorCapital Tax Gains CalculatorExplore CD Approved PropertiesPlot Loan EMI CalculatorRental Yield CalculatorHome Loan Downpayment Calculator30-30-30-10 Calculator

Compare Home Loans

HDFC vs SBI Home LoansHDFC vs ICICI Home LoansHDFC vs BAJAJ Housing FinanceSBI vs AXIS Home LoansBank Of India vs SBIBank of Baroda vs AXIS BankHDFC vs Bank of BarodaSBI vs IIFL Housing FinanceSBI vs ICICI BankSBI vs BAJAJ Housing FinanceAXIS Bank vs ICICILIC vs SBI Home Loans

Best Home Loan Offers

Best Banks for a Home Loan Balance TransferBest NBFCs for a Home LoanBest Small Finance Banks for Home LoansBest Housing Finance CompaniesBest Public Sector BanksBest Options for Independent Properties
© Copyright Tres Commas Technologies Pvt. Ltd.
CIN : U72900KA2021PTC143997
Privacy Policy | Terms & Conditions
Disclaimer : The information contained in this website is presented purely for information purposes only provided as service to the internet community at large. It does not constitute insurance advice and we do not guarantee the accuracy, adequacy or the completeness of the information contained here.
Loading...