Cash lying idle in your bank account?
Invest as low as Rs. 1,000 in Mutual Funds and enjoy higher returns.
  • loading

    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
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.28% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Kotak Mahindra Bank FD Rates 2018 is Rated as "Excellent!" by 46 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.

    The following is the latest Kotak Mahindra Bank fixed deposit (FD) interest rates with effect from 21st May 2018 for regular and senior citizens:

    Kotak Mahindra FD Interest Rate: Less than 1 Crore (with premature withdrawal)
    Tenure Regular FD rate (per annum) Senior citizen FD rate (per annum)
    7 days to 14 days 3.50% 4.00%
    15 days to 30 days 4.00% 4.50%
    31 days to 45 days 5.00% 5.50%
    46 days to 90 days 5.40% 5.90%
    91 days to 120 days 6.00% 6.50%
    121 days to 179 days 6.25% 6.75%
    180 days 6.60% 7.10
    181 days to 363 days 6.50% 7.00%
    364 days 6.90% 7.40%
    365 days to 390 days 7.20% 7.70%
    391 days to less than 2 years 7.10% 7.60%
    2 years to less than 3 years 6.75% 7.25%
    3 years to less than 5 years 6.50% 7.00%
    5 years and more to 10 years 6.25% 6.75%

    Highest FD interest rates offered by Kotak:

    • For deposits of less than Rs.1 crore, 7.20% p.a is the highest rate paid for 365 days to 390 days. For the corresponding tenure, the highest rate for senior citizens in this slab is 7.40% p.a.
    • A customer who invests anything above Rs.1 crore to below Rs.5 crore, will be able to earn a high interest rate of 7.25% p.a. for a tenure that ranges from 1 year to less than 18 months
    • An interest rate of 7.35% can be obtained from deposits worths anywhere from above Rs.5 crore to more than Rs.25 crore, for a duration of 271 days to 364 days
    • Deposits without premature withdrawal pay a comparatively higher rate for the same tenures
    • A high interest rate of 7.60% is paid for FDs without premature withdrawal for a tenure of 1 year to less than 15 months for an investment amount that ranges from Rs.5 crore to below Rs.25 crore

    Given below are the fixed deposits interest rates for regular and senior citizens (with premature withdrawal), with effect from June 7, 2018:

    Kotak Mahindra FD Interest Rate: Above 1 Crore -  Less than 5 Crore (with premature withdrawal)

    Tenure Regular FD rate (per annum) Senior citizen FD rate (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 5.75% 6.25%
    46 days to 60 days 6.25% 6.75%
    61 days to 90 days 6.50% 7.00%
    91 days to 179 days 6.75% 7.25%
    180 days 6.90% 7.40%
    181 days to 270 days 7.00% 7.50%
    271 days to less than 12 months 7.10% 7.60%
    12 months to less than 18 months 7.25% 7.75%
    18 months to below 2 years 7.15% 7.65%
    2 years to below 3 years 7.00% 7.50%
    3 years to less than 5 years 6.50% 7.00%
    Above 5 years to 7 years 6.25% 6.75%

    Kotak Mahindra Fixed Deposit Rate: Above 5 Crore - 25 Crore (with premature withdrawal)

    Tenure Regular Rate (per annum) Senior Citizen rate (per annum)
    7 days to 14 days 4.25% 4.75%
    15 days to 30 days 5.60% 6.10%
    31 days to 45 days 6.25% 6.7%%
    46 days to 90 days 6.90% 7.40%
    91 days to 179 days 7.05% 7.55%
    180 days to 270 days 7.45% 7.95%
    271 days to less than 12 months 7.35% 7.85%
    12 months to less than 15 months 7.50% 8.00%
    15 months to less than 2 years 7.00% 7.50%
    2 years to below 3 years 6.75% 7.25%
    3 years to below 5 years 6.50% 7.00%
    5 years to 7 years 6.00% 6.50%

    Given below are the fixed deposits interest rates for regular and senior citizens (without premature withdrawal), with effect from June 7, 2018:

    Kotak Mahindra FD Rates: Above 1 Crore - Less than 5 Crore (without premature withdrawal)

    Tenure Regular FD Rate (per annum) Senior Citizen FD Rate (per annum)
    181 days to 270 days 7.10% 7.60%
    271 days to 364 days 7.20% 7.70%
    1 year to below 18 months 7.35% 7.85%
    18 months to less than 2 years 7.25% 7.75%
    Above 2 years to below 3 years 7.10% 7.60%

    Kotak Mahindra Fixed Deposit Rates: Above 5 Crore -  Less than 25 Crore (without premature withdrawal)

    Tenure Regular FD rate (per annum) Senior Citizen FD rate (per annum)
    91 days to 179 days 7.15% 7.65%
    180 days to 270 days 7.55% 8.05%
    271 days to below 1 year 7.45% 7.95%
    1 year to below 15 months 7.60% 8.10%
    15 months to below 2 years 7.10% 7.60%
    Above 2 years to less than 3 years 6.85% 7.35%

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

    Kotak Mahindra Bank Fixed Deposit Reviews

    • 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? 3
      , 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? 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? 7
      , 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? 1
      , 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
    Common Loader Icon
    Loading your search...
    Close

    Tell us about yourself & we'll find the best Fixed Deposit offers for you.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.