Bank of Maharashtra
Central bank of India
Interest Rate
7.1% – 9.25% p.a.
Loan Amount
Up to 90%
Interest Rate
7.2% – 8.7% p.a.
Loan Amount
Up to 90%
Idfc Home Loan vs Kotak Home Loan Home Loan Comparison | Ambak
The idfc first bank vs kotak mahindra bank home loan comparison: IDFC FIRST Bank (900+ branches, top-rated banking app, Private) offers IDFC FIRST Home Loan and FIRST Power Home Loan; Kotak Mahindra Bank (1,950+ branches, 40-year Kotak Group legacy, Private) offers Kotak Home Loan and Kotak Premier. Differences lie in schemes, eligibility, digital experience and customer segments.
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idfc first bank vs kotak mahindra bank: IDFC FIRST Bank offers IDFC FIRST Home Loan and FIRST Power Home Loan with mobile-first paperless sanction and monthly reducing balance EMI. Kotak Mahindra Bank offers Kotak Home Loan and Kotak Premier with salary-account-linked relationship pricing. Related search: kotak mahindra bank vs idfc first bank. Choice depends on borrower profile, scheme fit and network reach.
IDFC First Bank
Home Loan
Ambak Recommended
Kotak Bank
Home Loan
| Metric | IDFC First Bank | Kotak Bank |
|---|---|---|
 Interest Rate | ||
7.8% – 9% 7.7% – 9.7% | ||
 Interest Rate | 7.8% – 9% | 7.7% – 9.7% |
 Processing Fee | ||
Below Rs.1 Cr: 1%; Rs.1-3 Cr: 0.75%; Rs.3-5 Cr: 0.65%; Rs.5Cr Above: 0.5%
of loan amt + GST 0.30%(below 50 lacs), 10000+gst(above 50 lacs) | ||
 Processing Fee | Below Rs.1 Cr: 1%; Rs.1-3 Cr: 0.75%; Rs.3-5 Cr: 0.65%; Rs.5Cr Above: 0.5%
of loan amt + GST | 0.30%(below 50 lacs), 10000+gst(above 50 lacs) |
 Max LTV | ||
Up to 90% Up to 90% | ||
 Max LTV | Up to 90% | Up to 90% |
 Max Loan Amount | ||
₹3000000 Cr ₹3000000 Cr | ||
 Max Loan Amount | ₹3000000 Cr | ₹3000000 Cr |
 Min Loan Amount | ||
₹20000 Cr ₹20000 Cr | ||
 Min Loan Amount | ₹20000 Cr | ₹20000 Cr |
 EMI per Lakh | ||
₹825 ₹818 | ||
 EMI per Lakh | ₹825 | ₹818 |
Why Choose IDFC First Bank Home Loan
IDFC FIRST Bank is a Private lender with 900+ branches, top-rated banking app. Variants include IDFC FIRST Home Loan and FIRST Power Home Loan, designed for salaried, self-employed and digital-native borrowers. Key features include mobile-first paperless sanction, monthly reducing balance EMI and transparent fee structure. IDFC FIRST Bank suits borrowers looking for fully digital, mobile-first home loan flow.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
Why Choose Kotak Bank Home Loan
Kotak Mahindra Bank is a Private lender with 1,950+ branches, 40-year Kotak Group legacy. Variants include Kotak Home Loan and Kotak Premier, designed for salaried professionals and premium borrowers. Key features include salary-account-linked relationship pricing, balance transfer focus and doorstep verification service. Kotak Mahindra Bank suits borrowers looking for relationship-led service, strong balance transfer.
- Lower rates on average. Get access to better-than-advertised rates—typically lower depending on your profile and eligibility.
- Balance transfer made simple. One form, we fetch offers from 70+ lenders and compute net savings after fees.
- Human advisors. Complex cases (self-employed, NRI, under-construction) get an expert, not a chatbot.
IDFC First Bank Reviews
3.8 / 5(10 reviews)
What people like- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •You can borrow up to ₹30 Cr — suitable for high-value properties
- •Processing fee: Below Rs.1 Cr: 1%; Rs.1-3 Cr: 0.75%; Rs.3-5 Cr: 0.65%; Rs.5Cr Above: 0.5% of loan amt + GST
- •Simple paperwork — fewer documents needed compared to most banks
- •Repay over up to 30 years to keep your monthly outgo low
- •Can transfer your existing home loan here to save on interest
What people don't like- •Interest rate of 7.8% is slightly higher than Kotak Bank's 7.7%
- •Monthly EMI of ₹825/lakh is ₹7 more than Kotak Bank
- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
Reviews summarised from buyer forums and listings; personal site visit recommended.
Kotak Bank Reviews
4.3 / 5(10 reviews)
What people like- •Interest starts at 7.7% — that's cheaper than IDFC First Bank's 7.8%
- •You pay only ₹818/lakh per month — ₹7 less than IDFC First Bank
- •Covers up to 90% of the property cost so you don't need a large upfront amount
- •You can borrow up to ₹30 Cr — suitable for high-value properties
- •Processing fee: 0.30%(below 50 lacs), 10000+gst(above 50 lacs)
- •Simple paperwork — fewer documents needed compared to most banks
What people don't like- •Self-employed borrowers may face a longer approval process
- •Fewer branches in smaller cities and towns
- •Prepayment charges can apply if you have a fixed interest rate
- •High-value loans require detailed income proof
Reviews summarised from buyer forums and listings; personal site visit recommended.
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