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%
Kotak Home Loan vs Iifl Home Loan Home Loan Comparison | Ambak
Compare Kotak Home Loan vs Iifl Home Loan home loan offers side by side — including interest rates, EMI per lakh, processing fees, and LTV ratio. Make a smarter borrowing decision with Ambak's free comparison tool.
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We don't spam!Which banks saves you more?
Choosing the right bank isn’t just about the lowest interest rate but the total cost of your loan.
Small differences in rates, fees, and charges can significantly impact your overall savings.
The best choice is the bank that offers the highest value based on your profile, not just the lowest rate.
Ambak Recommended
Kotak Bank
Home Loan
IIFL
Home Loan
| Metric | Kotak Bank | IIFL |
|---|---|---|
 Interest Rate | ||
7.7% – 9.7% 8.6% – 12% | ||
 Interest Rate | 7.7% – 9.7% | 8.6% – 12% |
 Processing Fee | ||
0.30%(below 50 lacs), 10000+gst(above 50 lacs) 0.50 of Loan amount +GST | ||
 Processing Fee | 0.30%(below 50 lacs), 10000+gst(above 50 lacs) | 0.50 of Loan amount +GST |
 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 ₹5000 Cr | ||
 Min Loan Amount | ₹20000 Cr | ₹5000 Cr |
 EMI per Lakh | ||
₹818 ₹875 | ||
 EMI per Lakh | ₹818 | ₹875 |
Why Choose Kotak Bank Home Loan
When evaluating a Kotak Bank home loan, weigh interest rates alongside processing fees, LTV limits and EMI flexibility. Our comparison tool puts every figure side-by-side so you can decide in minutes — not hours. Ambak aggregates live rates from 30+ RBI-regulated lenders, updated multiple times a day. We show the real rate you qualify for — not a marketing rate. Advisors can also walk you through balance-transfer math, step-up EMI options, and top-up eligibility so you never leave money on the table.
- 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 IIFL Home Loan
When evaluating a IIFL home loan, weigh interest rates alongside processing fees, LTV limits and EMI flexibility. Our comparison tool puts every figure side-by-side so you can decide in minutes — not hours. Ambak aggregates live rates from 30+ RBI-regulated lenders, updated multiple times a day. We show the real rate you qualify for — not a marketing rate. Advisors can also walk you through balance-transfer math, step-up EMI options, and top-up eligibility so you never leave money on the table.
- 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.
Kotak Bank Reviews
4.3 / 5(10 reviews)
What people like- •Interest starts at 7.7% — that's cheaper than IIFL's 8.6%
- •You pay only ₹818/lakh per month — ₹57 less than IIFL
- •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.
IIFL 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: 0.50 of Loan amount +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 8.6% is slightly higher than Kotak Bank's 7.7%
- •Monthly EMI of ₹875/lakh is ₹57 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.
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