By offering the promise of assured savings after a fixed tenure, Kotak Mahindra Bank Fixed Deposits serve as a premier investment option. The Kotak fixed deposit interest rates range from 2.75% to 6.70% p.a. for general citizens and from 3.25% to 7.20% p.a. for senior citizens. The deposit tenure is up to 10 years, with a specialised suite of NRI fixed deposit products, including NRE, NRO, and FCNR accounts.
Fixed Deposits are considered one of the safest investment choices, offering stability and peace of mind, regardless of market fluctuations. However, if you're looking for better returns without compromising on safety, explore the investment plans below. These alternatives offer higher returns than traditional FDs, along with the added protection of insurance coverage.
Kotak Bank FD is a secure investment option that lets you deposit as little as ₹5,000 for a flexible tenure from 7 days to 10 years. For deposits below 3 crore, Kotak Mahindra Bank FD rates are up to 6.70% p.a. for general citizens and 7.20% p.a. for senior citizens. Kotak Mahindra senior citizens FD rates are comparatively higher than the regular rates. There will be no interest for NRE TDs who are staying for less than 1 year. The deposit remains untouched for a fixed term, ensuring you earn a locked-in interest rate regardless of market changes.
Additionally, for global Indians managing wealth across borders, the bank offers specialised investment options through the Kotak NRE Account, which provides tax-free interest in India. For those who prefer to hold funds in foreign currencies to avoid exchange rate risks, the Kotak FCNR Account is an ideal choice. Notably, Kotak offers zero penalty on premature withdrawals for tenures up to 180 days. Usually, banks don't give any prior notice when changing their FD rates; they can change based on the economy.
7 days to 10 years
₹5,000
No limit
Monthly, half-yearly, yearly, cumulative
Available, but charges apply
Available
Yes
Yes, Available
Allows liquidity through Kotak Sweep-in FD
Effective February 11, 2026, Kotak Mahindra Bank offers revised FD interest rates ranging from 2.75% to 6.70% p.a. for deposits below ₹3 crore. Senior citizens receive an additional 0.50% p.a. on most tenures, with flexible options ranging from very short to long-term periods.
Below are the latest Kotak Mahindra Bank rates for deposits below and above ₹3 crore.
| Tenure | Regular Rates | Senior Citizen |
| 7 Days to 14 Days | 2.75% | 3.25% |
| 15 Days to 30 Days | 2.75% | 3.25% |
| 31 Days to 45 Days | 3.00% | 3.50% |
| 46 Days to 90 Days | 3.50% | 4.00% |
| 91 Days to 91 Days | 4.75% | 5.25% |
| 92 Days to 179 Days | 4.25% | 4.75% |
| 180 Days to 180 Days | 5.50% | 6.00% |
| 181 Days to 269 Days | 5.50% | 6.00% |
| 270 Days to 270 Days | 5.50% | 6.00% |
| 271 Days to 363 Days | 6.00% | 6.50% |
| 364 Days to 364 Days | 6.00% | 6.50% |
| 365 Days to 449 Days | 6.50% | 7.00% |
| 450 Days to 539 Days | 6.70% | 7.20% |
| 540 Days to 729 Days | 6.70% | 7.20% |
| 730 Days to 1094 Days | 6.50% | 7.00% |
| 1095 Days to 1459 Days | 6.40% | 6.90% |
| 1460 Days to 1824 Days | 6.40% | 6.90% |
| 1825 Days to 3650 Days | 6.25% | 6.75% |
| Maturity Period | Regular (% p.a.) | Senior Citizen (% p.a.) |
| 7 - 14 Days | 2.75% | 2.75% |
| 15 - 30 Days | 2.75% | 2.75% |
| 31 - 45 Days | 3.00% | 3.00% |
| 46 - 90 Days | 3.50% | 3.50% |
| 91 Days | 4.25% | 4.25% |
| 92 Days - 179 Days | 4.25% | 4.25% |
| 180 Days | 5.50% | 5.50% |
| 181 Days to 269 Days | 5.50% | 5.50% |
| 270 Days | 5.50% | 5.50% |
| 271 Days to 363 Days | 6.00% | 6.00% |
| 364 Days | 6.00% | 6.00% |
| 365 Days to less than 15 Months | 6.50% | 6.50% |
| 15 Months - less than 18 Months | 6.70% | 6.70% |
| 18 Months - less than 2 Years | 6.70% | 6.70% |
| 2 Years- less than 3 Years | 6.80% | 6.80% |
| 3 Years and above but less than 4 Years | 6.40% | 6.40% |
| 4 Years and above but less than 5 Years | 6.40% | 6.40% |
| 5 Years and above, up to and inclusive of 10 Years | 6.25% | 6.25% |
*Kotak Mahindra Bank FD interest rates w.e.f. from 15th Apr 2026
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.45% |
| ICICI Bank | 2.75% | 6.5% |
| HDFC Bank | 2.75% | 6.45% |
| Axis Bank | 3% | 6.45% |
| Punjab National Bank | 3% | 6.4% |
| Kotak Mahindra Bank | 2.75% | 6.7% |
| Yes Bank | 3.25% | 7.75% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.45% |
| Union Bank of India | 2.75% | 6.3% |
| Bank of India | 3% | 6.7% |
| Canara Bank | 4% | 7.25% |
| IDFC Bank | 3% | 7% |
| IDBI Bank | 3% | 6.55% |
| Indian Overseas Bank | 2.9% | 6.6% |
| Bank of Maharashtra | 2.6% | 6.65% |
| Central Bank of India | 3% | 6.5% |
| Punjab and Sind Bank | 2.85% | 6.6% |
| UCO Bank | 2.9% | 6.45% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 3.25% | 6.6% |
| Federal Bank | 3% | 6.75% |
| Bandhan Bank | 2.95% | 7.2% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.65% |
| Tamilnad Mercantile Bank | 4% | 7.1% |
| Karnataka Bank | 3.5% | 6.65% |
| Abhyudaya Cooperative Bank | 3.75% | 6.35% |
| Shriram Finance Ltd | 6.75% | 7.25% |
| Bajaj Finance Ltd | 6.6% | 7.4% |
| Mahindra Finance Ltd | 6.4% | 6.8% |
| AU Small Finance Bank | 3.5% | 7.1% |
| Fincare Small Finance | 3% | 8.61% |
| Utkarsh | 4% | 7.5% |
| Unity Small Finance Bank | 4% | 7.25% |
| Suryoday Small Finance Bank | 4% | 8.1% |
| DCB Bank | 3.75% | 7.15% |
| Equitas Small Finance Bank | 3.5% | 7.3% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.6% |
| North East Small Finance bank | 3.5% | 7.75% |
| Saraswat Bank | 3.25% | 6.9% |
| Shivalik Small Finance Bank | 3.5% | 7.5% |
| Ujjivan Small Finance Bank | 3.5% | 7.45% |
*FD interest rates w.e.f. May 2026 (for general public, domestic FDs < ₹3 Cr).
Here are the main benefits of opening a Kotak Mahindra Bank FD, explained in simple words:
Kotak Bank FDs allow you to invest a lump sum for a chosen period and earn competitive interest income. You can book an FD online or offline as per your preference.
Existing Kotak Mahindra Bank customers can easily book an FD online through NetBanking or the Mobile Banking App.
If you prefer a personal touch or are a new customer, you can open a Kotak Mahindra Bank FD by visiting a branch.
Kotak Mahindra Bank’s eligibility criteria to open an FD account are flexible. The eligible people are mentioned below -
Kotak Mahindra Bank Fixed Deposits offer attractive interest rates of up to 6.70% p.a. for general citizens and 7.20% p.a. for senior citizens, with flexible tenures starting from 7 days. The bank provides multiple interest payout options, partial withdrawal, and a credit card against the FD facility. Kotak FDs include schemes such as Special Fixed Deposit, Tax-Saving FD, and Floating FD (ActivMoney), offering competitive interest rates. Additional benefits include a sweep-in/sweep-out facility, known as Kotak Flexi Fixed Deposit, for liquidity, and a nomination facility for easy succession planning.
16 Feb 2026
An Auto Sweep (Sweep-in/Sweep-out) FD is a banking facility that
05 Feb 2026
The IND Sampoorna Salary Package (often referred to as the IND
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.3% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.3% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
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