Kotak Mahindra Bank - Interest Rates (%)

This page provides the current interest rates (%) of Kotak Mahindra Bank's Fixed Deposit (FD) scheme.

Fixed Deposit (FD)

This page provides the current interest rates (%) for both General public and Senior citizens.

The below table provides the current interest rates (%) for general public (aged less than 60 years).

Term	Annual Interest Rate (%)
7 days to 14 days	2.5%
15 days to 30 days	2.5%
31 days to 45 days	3%
46 days to 90 days	3%
91 days to 120 days	3.5%
121 days to 179 days	3.5%
180 days	4.75%
181 days to 269 days	4.75%
270 days	4.75%
271 days to 363 days	4.75%
364 days	5.25%
365 days to 389 days	5.4%
390 days (12 months 25 days)	5.5%
391 days to less than 23 months	5.5%
23 months	5.6%
Above 23 months to less than 2 years	5.6%
2 years to less than 3 years	5.6%
3 years to less than 4 years	5.75%
4 years to less than 5 years	5.75%
5 years to 10 years	5.75%

Note:

The above interest rates are applicable for deposit amount less than Rs. 2 Crore
The above interest rates are effective from 06-May-2022

The below table provides the current interest rates (%) for senior citizens (aged 60 years and above).

Term	Annual Interest Rate (%)
7 days to 14 days	3%
15 days to 30 days	3%
31 days to 45 days	3.5%
46 days to 90 days	3.5%
91 days to 120 days	4%
121 days to 179 days	4%
180 days	5.25%
181 days to 269 days	5.25%
270 days	5.25%
271 days to 363 days	5.25%
364 days	5.75%
365 days to 389 days	5.9%
390 days (12 months 25 days)	6%
391 days to less than 23 months	6%
23 months	6.1%
Above 23 months to less than 2 years	6.1%
2 years to less than 3 years	6.1%
3 years to less than 4 years	6.25%
4 years to less than 5 years	6.25%
5 years to 10 years	6.25%

Note:

The above interest rates are applicable for deposit amount less than Rs. 2 Crore
The above interest rates are effective from 06-May-2022