Capera
Pvt

Private · RBI Repo Rate

Kotak Mahindra Bank
loan rates

External benchmark

EBLR

7.60%

+235 bps over repo (5.25%)

Marginal cost

1-year MCLR

8.40%

Spread over benchmark: +235 bps

Live · updated 25 June 2026, IST

Your rate stack

What this bank charges, and what it pays back.

01 · RBI

5.25%

Where the bank funds itself overnight

02 · Kotak Mahindra Bank

7.60%

+235 bps over repo

8.40%

+315 bps over repo

Most retail home loans sit on EBLR; older / corporate loans on MCLR

03 · Kotak Mahindra Bank

1Y FD (your deposit return)

6.50%

Gap to EBLR +110 bps · to MCLR +190 bps

See full FD slabs

Kotak Mahindra Bank's lending-deposit spread sits at +110 bps on EBLR-linked loans and +190 bps on 1-year MCLR. If you hold both an FD and an OD here, that's the spread you're carrying both ways.

MCLR term structure

Rate by reset tenor.

Overnight

7.50

%

1-month

7.85

%

3-month

8.35

%

6-month

8.40

%

1-year

8.40

%

2-year

8.45

%

3-year

8.55

%

MCLR loans reset at the chosen tenor. A 1-year MCLR loan recalculates once a year; an overnight MCLR loan recalculates every business day. Most retail loans pick the 1-year MCLR.

Vs the sovereign curve

Kotak Mahindra Bank MCLR against same-tenor G-Sec yields.

Compare the cost of a term loan from Kotak Mahindra Bank against what a comparable corporate bond would price at: G-Sec yield plus a credit spread of roughly 75–150 bps for AAA names.

Tenor MCLR G-SecSpread
  1. 3-month
    MCLR
    8.35%
    G-Sec
    5.20%
    +315 bps
  2. 6-month
    MCLR
    8.40%
    G-Sec
    5.36%
    +304 bps
  3. 1-year
    MCLR
    8.40%
    G-Sec
    5.63%
    +277 bps
  4. 2-year
    MCLR
    8.45%
    G-Sec
    5.94%
    +251 bps
  5. 3-year
    MCLR
    8.55%
    G-Sec
    6.19%
    +236 bps

Kotak Mahindra Bank MCLR · G-Sec from RBI curve · as of 25 June 2026