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  • Fixed Deposit BYTES FROM OUR KITCHEN

    Steps to apply for Kotak Mahindra Bank Fixed Deposit

    Documents required

    Identity proof :

    • Passport
    • PAN card
    • Voter ID
    • Driving licence
    • Government ID card
    • Photo ration card
    • Senior citizen ID card

    Address proof :

    • Passport
    • Telephone bill
    • Electricity bill
    • Bank Statement with Cheque
    • Certificate/ ID card issued by Post office

    Note :

    • * Mandatory to provide Permanent address and telephone number.
    • * Any other Identity proof or Address proof document can be submitted, subject to the Bank's satisfaction.

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    Kotak Mahindra Bank Fixed Deposit Reviews

    • Kotak Fixed Deposit
      "Best investment Plan"
      0.5 5.0/5 "Blown Away!"
      I have taken fixed deposit account in kotak mahindra Bank . They are not charging any charges for the account . I used to get income tax benefits . Am satisfied with the customer service and response.They are giving good rate of interest . Overall am happy with my account .
      Was this review helpful? 6
      , bangalore
      Reviewed on Feb 20, 2019
    • Kotak Fixed Deposit
      "Good features"
      0.5 5.0/5 "Blown Away!"
      Kotak Mahindra Bank is good in their customer services. I bank with them for the fixed deposit. I could open this account online. The lock in period is for one and half year. The rate of interest is really good. I could also close the account online.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Feb 07, 2019
    • Kotak Fixed Deposit
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I am having a Fixed Deposit account with Kotak Mahindra bank, they provide good services when compared to other banks. I get good interest rate in returns after the maturity period which is after 3 years. Customer support is average with Kotak Mahindra bank.
      Was this review helpful? 6
      , chennai
      Reviewed on Jan 10, 2019
    • Kotak Fixed Deposit
      "Easy process to open a FD"
      0.5 5.0/5 "Blown Away!"
      I also have a fixed deposit account with Kotak Mahindra Bank. The process to open this account is easy. I can do it online. They also offer a good rate of interest on the account. I get 7.5% on my deposited amount of 30K. There is a lock in period of one year.
      Was this review helpful? 20
      , new delhi
      Reviewed on Aug 02, 2018
    • Kotak Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the Kotak mahindra bank and the customer service is good one. Interest rate with the deposit is fine like its according to the market rate. Everything is good one with the Kotak mahindra bank.
      Was this review helpful? 5
      , ghaziabad
      Reviewed on Nov 29, 2017
    • Kotak Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      Of course even foreclosure of FD, can be done through the mobile application of KOTAK . Also it is easy to compare the rates on the net banking and it is excellent too. When I placed a request for liquidation it takes about 2 hours of time and it is very easy to change the maturity instruction through the mobile app.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 17, 2017
    • Kotak Fixed Deposit
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I have savings account with Kotak Mahindra bank. Even I have fixed deposit account as well. The period of FD is for one year. The bank is assigned relationship manager for me as I have so many accounts with them. I got good response from them for my FD. 1 years, 1years, relationship manager
      Was this review helpful? 1
      , indore
      Reviewed on May 04, 2017
    • Kotak Fixed Deposit
      "Customer centric"
      0.5 4.0/5 "Great!"
      I do have fixed deposit account with the Kotak mahindra bank and I have done it for tax saving purpose and the account on time because I can even open this account through online itself. Interest rate is around 7.25% per annum for my deposit, also it will compounded quarterly, so the interest will be huge. Online banking services are really working good and there are not much hindrance over there.I can say they are user friendly, also I been allocated with the seperate relationship manager, which really isolated from the traditional customer service practice.
      Was this review helpful? 4
      , bangalore
      Reviewed on Feb 05, 2017
    • Kotak Fixed Deposit
      "very easy to do FD"
      0.5 4.5/5 "Excellent!"
      its very easy to do FD in kotak bank,we just have to lgoin on netbanking or in app and select upto which amount we want to do FD and time line and thats it.their interest rates are also very competitive and maybe not the best interest rates offered but still they are good.
      Was this review helpful? 1
      , ludhiana
      Reviewed on Jan 31, 2017
    • Kotak Fixed Deposit
      "Be more customer centric"
      0.5 1.0/5 "Really Bad"
      I walked in to Kotak Mahindra bank thrice to apply for a fixed deposit and I inquired with them the various plans rather terms in opening this account and none was able to provide me the information I needed. They need to be more customer centric.
      Was this review helpful? 5
      , bangalore
      Reviewed on Nov 07, 2016
    • Kotak Fixed Deposit
      "this is not a good bank for fix deposit"
      0.5 0.5/5 "Unacceptable"
      No good understanding with customers. There is no point making Fix deposits in this bank during maturity lot of problems to get maturity amount. Even through you have all proof and evidence.Bank ask physical letter. It is not a friendly bank. You can make a fix deposit but you can't break it
      Was this review helpful? 10
      , bangalore
      Reviewed on Sep 09, 2016
    • Kotak Fixed Deposit
      "Best security for money"
      0.5 5.0/5 "Blown Away!"
      Kotak is offering 8.10% interest rate for Fixed deposit plan for a tenure of 10 years. Minimum amount to start the plan is Rs.50,000. There is no any processing fee for the plan and after the maturity the amount will be credited to the account easily.We can avail it through online as well.
      Was this review helpful? 4
      , ahmedabad
      Reviewed on Jun 08, 2016
    • Kotak Fixed Deposit
      "Wide focus"
      0.5 4.0/5 "Great!"
      I am happy to say that there is no penalty charges for premature withdrawal of fixed deposit, which has been done by the bank voluntarily when surplus funds are available more than the minimum balance with the Kotak Mahindra Bank but the charges will be applicable, If it has been initiated from the customer end. Benefits can be reap from them while it comes to unlimited ATM transaction and their responsive customer service center. I am happy with them and I had been banking with them for two years of time.
      Was this review helpful? 4
      , mumbai
      Reviewed on May 09, 2016
    • Kotak Fixed Deposit
      "Excellent Services"
      0.5 5.0/5 "Blown Away!"
      I got to open my fixed deposit with Kotak Mahindra Bank. The services are good. I had an option online to open this account. It was easy and convenient. The rate of interest is good. When compared to other banks. There are no charges too. Overall good.
      Was this review helpful? 8
      , bangalore
      Reviewed on Apr 16, 2016
    • Kotak Fixed Deposit
      "Best "
      0.5 5.0/5 "Blown Away!"
      As of now I am having the fixed deposit with the Kotak mahindra bank but it got opened with the ING vysya bank. The interest rate is good when compare with markets , also I can withdraw the money anytime without any charges. Everything can be done through online instantly.
      Was this review helpful? 6
      , bangalore
      Reviewed on Apr 15, 2016
    • Kotak Fixed Deposit
      "Awesome"
      0.5 5.0/5 "Blown Away!"
      I had the fixed deposit account with the Kotak Mahindra Bank and the interest rate was around 8.75%. The response is very good with them and the minimum lock in period is around six months of time. The customer service is an awesome one.
      Was this review helpful? 10
      , bangalore
      Reviewed on Mar 01, 2016
    • Kotak Fixed Deposit
      "Much better...."
      0.5 5.0/5 "Blown Away!"
      Earlier I had a fixed account with Kotak mahindra bank. I was opened last 1 year ago. have no issues with them. Interest rate offered by them was much better than other bank. Only thing is charges. Non balance maintenance charges are higher and it should be reduce.
      Was this review helpful? 9
      , bangalore
      Reviewed on Feb 02, 2016
    • Kotak Fixed Deposit
      "Excellent !!!!!"
      0.5 5.0/5 "Blown Away!"
      Kotak mahiandra is offering 7.75% interest for fixed deposit for the minimum lock in period is 80 days . I avail the service by visiting the bank . They do no charge any activation charges. In case we break the plan in between 1% penalty will be charged.
      Was this review helpful? 8
      , lucknow
      Reviewed on Jan 20, 2016
    • Kotak Fixed Deposit
      "Its fine"
      0.5 5.0/5 "Blown Away!"
      KOTAK FD is fine. They have to increase the tenure. They are providing FD for a short term only at present. I am holding this FD for a period of one year. I am getting some tax benefits as well. I am very much satisfied with them. I have to place a request for KOTAK FD Online. I am getting updates from them on time.
      Was this review helpful? 12
      , ghaziabad
      Reviewed on Dec 12, 2015
    • Kotak Fixed Deposit
      "Phenomenal..."
      0.5 5.0/5 "Blown Away!"
      Every three month I use to open fixed deposit with Kotak Mahindra bank and now I have multiple deposits. I opened via mobile application and Kotak has fantastic mobile application. I am fond of Kotak in way of their work. Customer queries are resolving in just an hour and the rate is 8.46% if I am not wrong.
      Was this review helpful? 6
      , new delhi
      Reviewed on Nov 27, 2015
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