Kotak Mahindra Bank Fixed Deposit
Fixed Deposits in Kotak Mahindra Bank are fixed-income saving tools. The customers can deposit an amount for a definite period and at a predetermined interest rate. FDs in Kotak Mahindra Bank are a safe medium for investment. If the interest is paid out to the customer regularly creating an income stream, it is called a simple interest rate on FDs. Alternatively, Kotak Mahindra Bank also lets clients reinvest the interest in the FD in a compounded manner to maximize returns.