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    Kotak Mahindra Bank FD Rates 2018
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    3.5% - 7.30% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    7 Days to 10 Years
    6.6% - 7.3% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Kotak Mahindra Bank FD Rates 2018 is Rated as "Excellent!" by 45 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Kotak Mahindra Bank FD Rates 2018

    Kotak Mahindra is a well-known name in the world of finance. It was first a non-banking finance company that became a commercial bank in 2003. The bank currently has a wide number Fixed Deposit (FD) schemes to choose from. Kotak offers attractive interest rates on all its term deposit schemes.

    Given below is an updated table of Kotak Mahindra FD Rates:

    Kotak Mahindra short-term FD interest rates
    Tenure Regular FD Interest Rates (per annum) Senior Citizen FD Interest Rates (per annum)
    7 days to 14 days 4.50% 5.00%
    15 days to 30 days 4.75% 5.25%
    31 days to 45 days 5.00% 5.50%
    46 days to 60 days 5.25% 5.75%
    61 days to 90 days 6.25% 6.75%
    91 days to 364 days 6.75% 7.25%

    *Interest rates are subject to change from time to time

    Key highlights for medium & long-term rates

    • The bank rate paid on these term deposits range from 6.25% p.a. to 6.85% p.a.
    • When compared to short-term deposits, long and medium-term FDs pay a much higher interest rate as far as Kotak is concerned
    • The best FD rate is for a tenure of 1 year to 15 months, where the gain percentage is 6.85% p.a., which is the most lucrative scheme offered by Kotak
    • For seniors, an interest rate of 7.35% p.a. is paid for putting in money from 1 year to 15 months
    • Those who want to invest money for 2 years to less than 5 years can expect a rate of return of 6.50% p.a., while pensioners can get 7.00% p.a. for the same tenure
    • Senior customers will get 7.30% p.a. for 1 year 3 months to less than 2 years and 6.75% p.a. for investments that range from 5 years to 7 years
    • For regular deposit holders, the rate of interest paid will be 6.25% p.a. for a tenure that ranges from 5 years to 7 years

    Know how to Link Your KYC Dcuments to Kotak Mahindra Bank Account

    Kotak Mahindra Bank Fixed Deposit Reviews

    • 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? 4
      , 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? 0
      , 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? 0
      , 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? 3
      , 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? 6
      , 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? 9
      , 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
    • Kotak Fixed Deposit
      "Awesome returns "
      0.5 5.0/5 "Blown Away!"
      Kotak offered above 10% interest rate for the fixed deposit with the minimum lock in period of one ear. There will be no any extra charges if we break the lock in period. Minimum amount to start the plan is Rs. 2500. There is no any activation charges. After the maturity the amount will be credited to the account
      Was this review helpful? 5
      , new delhi
      Reviewed on Nov 17, 2015
    • Kotak Fixed Deposit
      "Best in netbanking facilities...."
      0.5 4.0/5 "Great!"
      My fixed account is with Kotak bank. In terms of interest part, which is not high different. When I compare to ICICI, HDFC and AXIS Bank interest part was almost equal. I am using their mobile application. I did every thing through on line in terms of deposit.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 17, 2015
    • Kotak Fixed Deposit
      "FIXED DEPOSIT"
      0.5 4.5/5 "Excellent!"
      I have an account with Kotak Mahendra Bank. and FD rate they are providing is reaaly good which is 7.9%. compare to other banks in our area (Karnataka bank and Dena Bank 7.75% and uco bank 7.8%) and the service is also very good by kotak mahendra bank.I am Really Happy With this bank.
      Was this review helpful? 4
      , mumbai
      Reviewed on Oct 29, 2015
    • Kotak Fixed Deposit
      "Good interest..."
      0.5 4.0/5 "Great!"
      Along with the saving account, I opened fixed account with KOTAK Bank. They took only 7working days. When I compare to HDFC and ICICI bank, Kotak bank has given some more benefits compare to others. I am getting good interest form them compare to others.
      Was this review helpful? 3
      , bangalore
      Reviewed on Oct 22, 2015
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