Kotak vs Yes Bank Home Loan — Which is Better in 2026?

Kotak Home Loan rate is 8.70% vs Yes Bank at 9.00%. Kotak offers a lower rate, saving you approximately ₹576/month on a ₹30L 20-year loan. Over the full tenure, this adds up to significant savings — use our EMI calculator below to get your exact figures.

Last updated: April 6, 2026

Kotak

8.70%

Interest rate p.a.

✓ Better deal

Yes Bank

9.00%

Interest rate p.a.

Kotak vs Yes Bank Home Loan — Detailed Comparison

Feature	Kotak	Yes Bank
Interest Rate	✓8.70%	9.00%
Processing Fee	0.50% + GST	1% + GST
Tenure	Up to 20 years	Up to 25 years
Eligibility	Salaried/self-employed, 18-65 yrs, min ₹20,000/month	Salaried/self-employed, 21-65 yrs, min ₹35,000/month

Interest Rate

Kotak

8.70%

Yes Bank

9.00%

Processing Fee

Kotak

0.50% + GST

Yes Bank

1% + GST

Tenure

Kotak

Up to 20 years

Yes Bank

Up to 25 years

Eligibility

Kotak

Salaried/self-employed, 18-65 yrs, min ₹20,000/month

Yes Bank

Salaried/self-employed, 21-65 yrs, min ₹35,000/month

Verdict

Kotak wins on home loan rate (8.70%) vs Yes Bank (9.00%). Over a 20-year ₹30L loan, the lower rate can save lakhs in interest. That said, evaluate processing fees, prepayment charges, and branch/digital service quality. PSU banks like SBI and PNB also offer the PMAY subsidy seamlessly. HDFC and ICICI tend to offer faster disbursals for salaried customers.

Calculate Your Exact EMI

Compare Kotak vs Yes Bank EMI for your exact loan amount and tenure

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Frequently Asked Questions

Which bank is better for home loan — Kotak or Yes Bank?+

Kotak currently offers a lower home loan interest rate. Kotak charges 8.70% while Yes Bank charges 9.00%. However, also compare processing fees, prepayment penalties, and loan-to-value ratios before deciding.

Can I switch my home loan from Kotak to Yes Bank (or vice versa)?+

Yes, home loan balance transfers are allowed. If the rate difference is ≥0.25%, it is usually worth transferring. Factor in foreclosure charges (nil for floating-rate loans post-RBI 2012 circular), processing fees of the new bank, and the break-even period.

What is the EMI on a ₹30L home loan for 20 years?+

At Kotak's rate of 8.70%, the EMI is approximately ₹26,416. At Yes Bank's rate of 9.00%, it is ₹26,992. Use our EMI calculator for exact figures based on your loan amount and tenure.

Related Home Loan Comparisons

🏠 SBI vs Kotak

8.50% vs 8.70%

🏠 SBI vs Yes Bank

8.50% vs 9.00%

🏠 HDFC vs Kotak

8.70% vs 8.70%

🏠 HDFC vs Yes Bank

8.70% vs 9.00%

🏠 ICICI vs Kotak

8.75% vs 8.70%

🏠 ICICI vs Yes Bank

8.75% vs 9.00%

← All bank comparisons EMI Calculator →

Disclaimer: Interest rates shown are indicative as of April 2026 and subject to change without notice. Actual rates depend on your credit score, income, and bank policy. This is for informational purposes only and does not constitute financial advice. Always verify rates with the bank before applying.