That’s a rendering glitch. Kotak uses amortizing calculation. Request a fresh download or use the Kotak personal loan EMI calculator to cross-check.
Kotak_PL_XXXXXX_Schedule_MMYYYY.pdfIf you plan to prepay your Kotak personal loan, you need a high-fidelity repayment schedule to calculate:
A low-quality schedule with rounding errors can mislead you by thousands of rupees.
A repayment schedule is a detailed breakdown of every EMI you will pay over your loan tenure. For a Kotak personal loan, this schedule typically includes: That’s a rendering glitch
This document is legally and financially binding. Any error—even a small one—can lead to overpaying interest or mismanaging your budget. That’s why extra quality in your repayment schedule download is non-negotiable.
If you need past schedules (e.g., for FY 2022-23), standard dashboards often compress old data. Here is the workaround:
For a document that is guaranteed to be accepted by third parties (employers, visa offices), request an email copy. If prepayment selected: → Enter amount (e
How to request:
Within 24 hours, Kotak will email you a password-protected PDF. This is the highest official quality available.
The phrase “extra quality” in the context of a loan repayment schedule refers to: If you plan to prepay your Kotak personal
A standard downloaded schedule might suffice for casual viewing, but for auditors, CA filings, or prepayment planning, you need extra quality—error-free, clear, and comprehensive.
If Kotak’s official download lacks detail, build your own using loan parameters:
Formula for monthly breakdown:
Interest for month = Outstanding Principal × (Annual Rate / 12)
Principal repaid = EMI – Interest
Outstanding principal = Previous outstanding – Principal repaid
Tools: