Calculate Kotak Mahindra Bank Fixed Deposit maturity amount. FD rates from 6.5% to 7.1% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Kotak Mahindra Bank offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.5% | 7% | ₹1,03,276 |
| 1 Year | 7.1% | 7.6% | ₹1,07,291 |
| 2 Years | 7.1% | 7.6% | ₹1,15,114 |
| 3 Years | 6.75% | 7.25% | ₹1,22,239 |
| 5 Years | 6.5% | 7% | ₹1,38,042 |
Kotak Mahindra Bank offers FD rates ranging from 6.5% to 7.1% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best Kotak Mahindra Bank FD rate for general citizens is 7.1% p.a. for 1 Year tenure, and 7.6% for senior citizens.
The minimum deposit amount for Kotak Mahindra Bank Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Kotak Mahindra Bank currently does not have any special FD scheme. Check with the bank for the latest offers.
Yes, Kotak Mahindra Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.