Kotak Mahindra Prime

Kotak Mahindra Prime is a non-banking financial company (NBFC), regulated by the Reserve Bank of India (RBI). It is a car loan lender that is a subsidiary of Kotak Mahindra Bank. Its registered office is at Bandra Kurla Complex, Mumbai. Unlike a bank, an NBFC cannot take demand deposits such as savings or current accounts, so a loan from it is not a bank loan even though it works in a similar way.

Loans it offers

Loans listed for Kotak Mahindra Prime

LOANZ 360 explains how each of these loan types works: car loans. It is a separate company from Kotak Mahindra Bank and was still filing accounts as its own company in 2026.

Key facts

As of 8 November 2026, Kotak Mahindra Prime is not named in RBI's upper layer list for 2026-27. RBI publishes the upper layer list each year, so a lender's layer can change. See the RBI press release of 6 August 2026.

Before you apply

• Ask for the Key Fact Statement (KFS) before you accept an offer. It shows the annual percentage rate (APR), all charges and the repayment schedule in one place.
• Compare the APR, not just the stated interest rate, because processing and other charges set by the lender change the real cost.
• Check the lender's processing fee, foreclosure and part-payment terms, and penal charges. These are set by the lender.
• Read the sanction letter for the name of the legal entity that is lending, as group companies often have similar names.
• Check your credit score (CIBIL or another bureau) and your existing EMIs first. Checking your own score does not lower it.
• Apply only where you are likely to qualify. Too many lender checks in a short time can lower your score.

You can see current rates on the interest rates page and estimate repayments with the EMI calculator. The label on this page that shows whether LOANZ 360 works with this lender or only gives information is drawn from our live records. To see how lenders are shown, read how we rank offers and the lending partners page.