Kotak Mahindra Bank FD Rates 2019
Kotak Mahindra Bank FD Rates 2019-20
Why should you invest in Kotak Bank Fixed Deposits?
Kotak Mahindra Bank Fixed Deposit Features
Kotak Mahindra Bank offers an attractive fixed deposit interest rates if you are planning for your child’s education, or planning a marriage for your child. Investing in a Kotak Mahindra Bank Fixed Deposit is like investing and securing your future.
What are the benefits of Fixed Deposits?
- An assured return on investment
- You can avail a Overdraft facility Against Fixed Deposit based on the tenure of your fixed deposit
- High Liquidity by opting for premature breaking of your fixed deposit with applicable penalty and subject to applicable terms and conditions.
What is the Fixed Deposit Interest Rate?
Who is eligible to open a Kotak Fixed Deposit account?
What are the documents required to open a Fixed Deposit account?
Kotak Mahindra Bank FD Rates 2019-20
frames. Kotak Bank provides 50 basis point higher interest rates to senior citizens on fixed deposits maturing in 7 days to 10 years. Kotak Mahindra Bank offers interest rate of 3.5% for fixed deposits
maturing in 7 to 14 days, 4.00% for 15 to 30 days and 5% for 31 to 45 days. Kotak Mahindra Bank FD for a tenure of 46-90 days gives an interest of 5.25%. The interest rate is 5.75% for deposits with a tenure ranging from 91 to 120 days, an interest rate of 5.75% on FDs maturing between 121 and 179 days. Kotak Mahindra Bank pays 6.40% interest for term deposits maturing in 180 to 270 days and an
interest rate of 6.75% for 271 days to 364 days.
Kotak Mahindra Bank latest FD rates 2019 (below Rs. 2 crore) for general public
Period
|
Rate of Interest
|
7 to 14 days
|
3.50%
|
15 to 30 days
|
4.00%
|
31 to 45 days
|
5.00%
|
46 to 90 days
|
5.25%
|
91 to 120 days
|
5.75%
|
121 to 179 days
|
5.75%
|
180 days
|
6.25%
|
181 days to 269 days
|
6.30%
|
270 days
|
6.40%
|
271 days to 363 days
|
6.50%
|
364 days
|
6.75%
|
Kotak Mahindra Bank latest FD rates 2019 (below Rs. 2 crore) for general public for maturity between 1 year and 2 years
Period
|
Rate of Interest
|
365 days to 389 days
|
6.75%
|
390 days (12 months 25 days)
|
6.85%
|
391 days to less than 23 months
|
6.75%
|
23 months
|
6.75%
|
23 months 1 day to less than 2 years
|
6.75%
|
Kotak Mahindra Bank latest FD rates 2019 (below Rs. 2 crore) for general public for maturity between 2 years and 10 years
between 4 years and above but less than 5 years, Kotak Mahindra Bank FD Rates 2019 for this is 6.25%. Kotak bank offers 6.25% interest for maturity time of 5 years and above upto 10 years.
Period
|
Rate of Interest
|
2 years to less than 3 years
|
6.75%
|
3 years and above but less than 4 years
|
6.50%
|
4 years and above but less than 5 years
|
6.25%
|
5 years and above upto 10 years
|
6.25%
|
Kotak Mahindra Bank latest FD rates 2019 (below Rs.2 crore) for senior citizens
Period
|
Rate of Interest
|
7 to 14 days
|
4.00%
|
15 to 30 days
|
4.50%
|
31 to 45 days
|
5.50%
|
46 to 90 days
|
5.75%
|
91 to 120 days
|
6.25%
|
121 to 179 days
|
6.25%
|
180 days
|
6.75%
|
181 days to 269 days
|
6.80%
|
270 days
|
6.90%
|
271 days to 363 days
|
7.00%
|
364 days
|
7.25%
|
365 days to 389 days
|
7.25%
|
390 days (12 months 25 days)
|
7.35%
|
391 days to less than 23 months
|
7.25%
|
23 months
|
7.25%
|
23 months 1 day to less than 2 years
|
7.25%
|
2 years to less than 3 years
|
7.25%
|
3 years and above but less than 4 years
|
7.00%
|
4 years and above but less than 5 years
|
6.75%
|
5 years and above upto 10 years
|
6.75%
|
Kotak Mahindra Bank Recurring Deposit(RD) Rates 2019
Tenure
|
Interest Rate
|
Senior Citizen Interest Rates
|
6 Months
|
6.30%
|
6.80%
|
9 Months
|
6.50%
|
7.00%
|
12 Months
|
6.75%
|
7.25%
|
15 Months
|
6.75%
|
7.25%
|
18 Months
|
6.75%
|
7.25%
|
21 Months
|
6.75%
|
7.25%
|
24 Months
|
6.75%
|
7.25%
|
27 Months
|
6.75%
|
7.25%
|
30 Months
|
6.75%
|
7.25%
|
33 Months
|
6.75%
|
7.25%
|
3 years - less than 4 years
|
6.50%
|
7.00%
|
4 years - less than 5 years
|
6.25%
|
6.75%
|
5 years - 10years
|
6.25%
|
6.75%
|
How do I calculate my returns from Fixed Deposits?
Kotak FD returns Calculator offers a simple and convenient way to calculate your returns in no time. You just need to tell the following while using Fixed Deposit Calculator:
- TYPES OF INTEREST PAYOUT - choose from 4 options available - Cumulative, Quarterly Payout, Monthly Payout and Short Term FD
- DEPOSIT AMOUNT - How much amount you would wish to invest in the fixed deposit? You can invest any amount of 5,000 INR and above
- TENURE - For how long you would like to invest and get the matured amount?
With [Quarterly Payout], you receive the sum of interest at the end of a quarter (3 months)
[Monthly Payout] pays you the sum of interest at the end of every month
[Short Term Fixed Deposit] is good for you if you are looking to invest your money for any period from 7 days to 180 days.
The Kotak Mahindra Bank Fixed Deposit Calculator is available here
After filling these things in the FD calculator, you will be able to see maturity amount, interest rate and aggregate interest value in no time. This is easy-to-use online FD calculator which helps in calculating your returns on investment.
What are the benefits of using Fixed Deposit Calculator?
- Deeper insight into the interest rates and its impact
- Better understanding of the various tenure options available
- Gives a clear picture of the principal amount to be invested
- Approximate calculation of the maturity amount of your investment