Axis BankVSKotak Mahindra Bank
Axis Bank vs Kotak Mahindra Bank Personal Loan
Detailed side-by-side comparison — rates, eligibility, pros & cons. Find which is better for your profile.
Interest Rate
10.49–22% ✓
10.99–24%
Min CIBIL
700+
700+
Max Amount
₹15,00,000
₹35,00,000 ✓
Min Salary
₹15,000 ✓
₹30,000
Disbursal
24-48 hours
24-48 hours
Processing Fee
Up to 2%
Up to 2.5%
Prepayment
Nil after 12 EMIs
Nil
Type
BANK
BANK
Axis Bank wins on 2 features, Kotak Mahindra Bank wins on 1. But the best lender for you depends on your salary and CIBIL — not just the specs.
Axis Bank
✅Low starting rate (10.49%)
✅Good for existing account holders
✅Instant OTP-based KYC
❌700+ CIBIL required
❌Limited offers for self-employed
Kotak Mahindra Bank
✅No prepayment charges
✅Fully digital process
✅Competitive rates for good credit
❌Higher minimum salary (₹30,000)
❌Primarily for salaried only
Frequently Asked Questions
Which is better — Axis Bank or Kotak Mahindra Bank for personal loan?
It depends on your profile. Axis Bank offers rates from 10.49% (needs CIBIL 700+), while Kotak Mahindra Bank starts at 10.99% (needs CIBIL 700+). GoCredit’s AI Loan Agent compares both and 50+ other lenders to find the best rate for your exact profile.
Axis Bank vs Kotak Mahindra Bank — which has a lower interest rate?
Axis Bank has the lower starting rate at 10.49%. However, your actual rate depends on CIBIL score and salary. Check your personalised rate on GoCredit.
What is the minimum CIBIL score for Axis Bank and Kotak Mahindra Bank?
Axis Bank requires 700+, Kotak Mahindra Bank requires 700+. If your score doesn’t meet either threshold, GoCredit’s AI matches you with lenders that accept your current profile.
Should I apply to Axis Bank or Kotak Mahindra Bank?
Instead of choosing one, use GoCredit’s AI Loan Agent to apply to both simultaneously along with 50+ other lenders. You get the best offer without multiple applications and hard enquiries.
Why Compare Just 2?
GoCredit's AI Loan Agent compares 55+ lenders simultaneously and finds the absolute best rate for your exact profile — salary, CIBIL, and loan amount. One click, all offers.
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Instant result — no signup, no CIBIL impact