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Kotak Mahindra Bank revises fixed deposit rates. Latest FD interest rates here


Kotak Mahindra Financial institution has revised the rate of interest on fastened deposits (FD). For FDs maturing in 7 to 30 days, 31 to 90 days and 91 to 120 days, Kotak Mahindra Financial institution affords an rate of interest of two.5%, 2.75% and three% respectively. 

For time period deposits maturing in 3 years and above however lower than 4 years, the financial institution will give 5.10%. For deposits maturing in 4 years and above however lower than 5 years, Kotak Mahindra Financial institution offers a 5.20% rate of interest. For FDs maturing in 5 years and above as much as and inclusive of 10 years, the financial institution offers 5.25%. These charges are relevant from 30  September 2021.

Kotak Mahindra Financial institution newest FD charges (beneath 2 crore) for most people efficient 30 September 2021

7 – 14 days 2.50%

15 – 30 days 2.50%

31 – 45 days 2.75%

46 – 90 days 2.75%

91 – 120 days 3%

121 – 179 days  3.20 %

180 days 4.25% 4.2

181 days to 269 days 4.40%

270 days 4.40%

271 days to 363 days 4.40%

364 days 4.40%

12 months to 389 days 4.50%

390 days (12 months 25 days) 4.75%

391 days – Lower than 23 months 4.75%

23 months 4.9%

23 months 1 day- lower than 2 years 4.9%

2 years- lower than 3 years 5%

3 years and above however lower than 4 years 5.2%

4 years and above however lower than 5 years 5.20%

5 years and above as much as and inclusive of 10 years 5.25%

Kotak Mahindra Financial institution newest FD charges (beneath 2 crore) for senior residents

Senior residents proceed to get 50 foundation factors greater rates of interest than most people. The financial institution affords rates of interest from 3% to five.75% on FDs maturing in 7 days to 10 years.

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