Kotak Mahindra Bank 5 Years FD rate: 6.5% (general) & 7% (senior citizen). Maturity for ₹5 Lakh: ₹6,90,210.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Kotak Mahindra Bank offers 5 Years Fixed Deposit at 6.5% p.a. for general citizens and 7% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 1% penalty on applicable rate.
Tenure: 5 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹34,510 | ₹9,510 | 38.0% |
| ₹50K | ₹69,021 | ₹19,021 | 38.0% |
| ₹1 Lakh | ₹1,38,042 | ₹38,042 | 38.0% |
| ₹2 Lakh | ₹2,76,084 | ₹76,084 | 38.0% |
| ₹5 Lakh | ₹6,90,210 | ₹1,90,210 | 38.0% |
| ₹10 Lakh | ₹13,80,420 | ₹3,80,420 | 38.0% |
| ₹25 Lakh | ₹34,51,049 | ₹9,51,049 | 38.0% |
| ₹50 Lakh | ₹69,02,099 | ₹19,02,099 | 38.0% |
| ₹1 Crore | ₹1,38,04,198 | ₹38,04,198 | 38.0% |
Kotak Mahindra Bank offers 5 Years Fixed Deposit at 6.5% p.a. for general citizens and 7% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Kotak Mahindra Bank for 5 Years at 6.5% (quarterly compounding) will mature to approximately ₹6,90,210. The interest earned would be ₹1,90,210.
Yes, Kotak Mahindra Bank offers an additional benefit for senior citizens with a rate of 7% p.a. for 5 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Kotak Mahindra Bank Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Kotak Mahindra Bank's premature withdrawal policy: 1% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.