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Kotak Mahindra Bank FD rates have increased! Check the latest rates here

Kotak Mahindra FD Pricing | New Delhi: The private sector lender, Kotak Mahindra Bank, has raised interest rates on fixed deposits (FD) below the amount of Rs crore. The new rates have been applied since July 1, Friday. According to the official announcement on the website, senior citizens will enjoy higher interest rates on FD.Also Read – Bank of India Revises Interest Rates on Fixed Deposits for Various Tenures: Check New Rates Here

Kotak Mahindra Bank FD Rates: Check Latest Interest Rates Here

Mandate Interest rates (regular) Interest rate (seniors)
7-14 days 2.5% 3 percent
15-30 days 2.5% 3 percent
31-45 days 3 percent 3.5%
46-90 days 3 percent 3.5%
91-120 days 3.5% 4 percent
121-179 days 3.5% 4 percent
180 days 4.75% 5.25%
181-269 days 4.75% 5.25%
270 days 4.75% 5.25%
271-363 days 4.75% 5.25%
364 days 5.25% 5.75%
365-389 days 5.5% 6 percent
390 days 5.75% 6.25%
391 days – 23 months 5.75% 6.25%
23 months 5.75% 6.25%
23 months – 2 years 5.75% 6.25%
2-3 years 5.75% 6.25%
3-4 years old 5.9% 6.4%
4-5 years 5.9% 6.4%
5-10 years 5.9% 6.4%

Interest rates were taken from Kotak Mahindra bank website Read also – Yes Bank Floating Rate FD is launched! customers get dynamic interest rates on term deposits | Details inside

Also Read – Deposit Once, Get Fixed Income Every Month: All About SBI Annuity Plan 2022