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Flexi Fixed Deposit Kotak Mahindra Bank
Flexi Fixed Deposit Kotak Mahindra Bank automatically transfers surplus funds from your savings account into a fixed deposit in multiples of ₹5,000. It offers better returns while maintaining easy access to your money.
Returns as high
as 6.9%*
Includes life cover
Completely Tax free+
as 6.9%*
Includes life cover
Completely Tax free+
Maximum returns Offered by
Guaranteed
Highest
6.9%*
Guaranteed Plan
(by insurance companies)
(10 Years)
6.5%**
Fixed Deposits
(by SBI bank)
(5-10 Years)
6.9%***
Public Provident Fund
(other popular options)
(15 Years)
Get Guaranteed returns up to 6.9%*
Fully Tax-Free* (unlike FD), Life Cover Included
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Home
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FD Interest Rates
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Kotak Mahindra Bank FD Rates
- Flexi Fixed Deposit Kotak Mahindra Bank
Explore Guaranteed Return Plans
Guaranteed return plans provide fixed returns and the security of life insurance. These plans are a suitable option for risk-averse investors, as they are not affected by market conditions.
What is Kotak Mahindra Bank Flexi Fixed Deposit?
Kotak Mahindra Bank Flexi Fixed Deposit, also known as Active Money, is a hybrid financial product that links your savings or current account to a fixed deposit. When your Kotak811 Zero Balance or Kotak811 Edge Savings Account balance exceeds the threshold of ₹50,000, surplus funds are automatically swept into an FD to earn higher interest. This smart Flexi Fixed Deposit account provides higher returns than regular FDs with the savings account's flexibility.
Information About
Guaranteed Return Plans
Returns Before Tax
6.9%* (TAX-FREE)
Returns After Tax
6.9%*
Guaranteed Returns
Yes
Life Cover
Yes
Tax on Profit
Tax Free*
Risk
No Risk
Fixed Deposits
Returns Before Tax
7% (TAXABLE)
Returns After Tax
4.8%
Guaranteed Returns
Yes
Life Cover
No
Tax on Profit
Taxable
Risk
Low Risk
Debt Mutual Fund
Returns Before Tax
8% (TAXABLE)
Returns After Tax
5.5%
Guaranteed Returns
No
Life Cover
No
Tax on Profit
Taxable
Risk
High Risk
*For annual premium upto ₹5 Lacs
Kotak Mahindra Bank Flexi Deposit Interest Rates
The Flexi Fixed Deposit Interest Rates are the same as the bank’s regular fixed deposit rates. To help you plan better, here are the latest Kotak Mahindra Bank FD Rates for both the general public and senior citizens across different tenures:
For Deposits Less than ₹3 Crores
| Tenure | General Public (%p.a.) | Senior Citizen (%p.a.) |
| 7 Days to 14 Days | 2.75 | 3.25 |
| 15 Days to 30 Days | 3.00 | 3.50 |
| 31 Days to 45 Days | 3.25 | 3.75 |
| 46 Days to 90 Days | 3.50 | 4.00 |
| 91 Days | 5.00 | 5.50 |
| 92 Days to 179 Days | 4.25 | 4.75 |
| 180 Days | 6.00 | 6.50 |
| 181 Days to 269 Days | 5.75 | 6.25 |
| 270 Days | 5.75 | 6.25 |
| 271 Days to 363 Days | 6.00 | 6.50 |
| 364 Days | 6.00 | 6.50 |
| 365 Days to 389 Days | 6.25 | 6.75 |
| 390 Days (12 Months 25 Days) | 6.50 | 7.00 |
| 391 Days to Less than 23 Months | 6.60 | 7.10 |
| 23 Months | 6.60 | 7.10 |
| 23 Months 1 Day to Less than 2 Years | 6.50 | 7.00 |
| 2 Years to Less than 3 Years | 6.40 | 6.90 |
| 3 Years and Above, But Less than 4 Years | 6.40 | 6.90 |
| 4 Years and Above, But Less than 5 Years | 6.40 | 6.90 |
| 5 Years and Above up to and Inclusive of 10 Years | 6.25 | 6.75 |
*Kotak Mahindra Bank FD interest rates w.e.f. June 18, 2025
Key Features of Kotak Mahindra Bank Flexi Deposits
The Flexi Deposit Kotak Mahindra Bank offers a range of features that make it appealing for salaried and self-employed individuals. These include:
- Reverse Sweep Option: If your account balance falls below ₹25,000, the required amount is pulled back from the FD in reverse order, ensuring liquidity while preserving the remaining deposit.
- Earn FD Interest on Surplus Funds: Swept-in amounts earn Flexi Fixed Deposit rates, helping your surplus balance grow faster than in a regular savings account.
- FD Liquidation Method: Under Kotak’s ActivMoney, FDs are liquidated on a LIFO (Last In First Out) basis. It means the most recent deposit is withdrawn first to help maximise overall returns on your deposit.
- Seamless Transactions: The entire process runs automatically once activated, with no manual intervention needed. It’s a hassle-free way to manage surplus funds efficiently.
How to Open a Kotak Mahindra Bank Flexi Fixed Deposit?
At Kotak Mahindra Bank, you can open a Flexi Deposit either online or by visiting a nearby branch. Existing customers can easily book it through their savings account, while new customers need to open a savings account first and then link their Flexi Deposit.
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Online FD Account Opening
You can book a Kotak FD online. Just log in, fill out the form, and book the FD amount from your savings account.
- NetBanking or Mobile App: Log in to Kotak NetBanking with your credentials or open the Kotak Mobile App.
- Go to ‘Fixed Deposit’: Navigate to the 'Banking' or 'Deposits' section and then select 'Open FD'.
- Select FD Amount: Select your account and enter the amount, starting from ₹10,000.
- Select FD Type: Choose the 'Money Multiplier Fixed Deposit' option.
- Maturity Instructions: Select options like auto-renewal, interest payout frequency, or payout at maturity.
- Review & Confirm: Check all details, accept the terms & conditions, and submit.
- FD Receipt: An e-receipt will be generated and can be printed instantly.
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Offline FD Account Opening
If you find the offline process more convenient, just visit your nearest Kotak Mahindra Bank branch to book an FD.
- Visit Kotak Mahindra Bank Branch: Visit a branch with your PAN/Aadhaar and a cheque or cash.
- FD Form: Fill out the Term Deposit form at the Kotak Mahindra Bank branch.
- Submit Documents: Submit the required KYC proofs, especially if you are a new customer.
- Fund Transfer/Deposit: Deposit the FD amount (minimum ₹10,000) digitally, through a cheque, or cash.
- Tenure & Interest Options: Choose the tenure (181 days to 5 years) and interest payout frequency.
- Get the FD Receipt: Kotak Mahindra Bank will issue a Term Deposit Receipt (TDR) as confirmation.
Difference Between Flexi Fixed Deposits and Regular Fixed Deposits
Choosing between a Flexi Fixed Deposit and a regular fixed deposit depends on your needs and control over your funds. Here's a detailed comparison to help you decide which suits your financial goals better:
| Kotak Mahindra Bank Flexi Fixed Deposit | Kotak Mahindra Bank Regular Fixed Deposit |
| High flexibility; funds are accessible anytime via reverse sweep | Low flexibility; funds stay locked until maturity |
| Earns FD interests based on how long funds stay invested | Fixed interest rates based on chosen tenure |
| Partial withdrawals are allowed; the rest of the FD keeps earning interest | Kotak Mahindra Bank FD premature withdrawal is allowed for shorter tenures; however, 1% penalty is charged for longer durations |
| Surplus funds move automatically between savings and FD with a fully automated sweep-in and sweep-out process | Requires a separate account with manual deposits and withdrawals |
Key Takeaways
The Flexi Fixed Deposit Kotak Mahindra Bank is a smart choice for those who want higher returns than regular FDs without locking in their funds. With automatic sweep-in and reverse-sweep features, it keeps your money accessible while earning FD interest rates. You can choose the sweep-out threshold that suits your needs, and funds are placed in FDs with a default tenure of 180 days.
FAQs
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What minimum balance is required to activate a Flexi Fixed Deposit in Kotak Mahindra Bank?
Kotak ActivMoney sets a default sweep-in threshold of ₹50,000, meaning any balance above this amount is swept into FDs in multiples of ₹5,000. The default sweep-out threshold is ₹25,000, so when the savings account balance drops below this level, funds are transferred back from the fixed deposit in multiples of ₹5,000. -
Can I withdraw money anytime from a Kotak Flexi Deposit?
Yes. The reverse sweep facility (sweep-out) allows you to withdraw from your savings account, and the system will automatically close your FD partially, ensuring liquidity. -
How is interest calculated in the Flexi Fixed Deposit Kotak Mahindra Bank?
The amount swept into the fixed deposit earns interest based on the current FD interest rate set by Kotak Mahindra Bank. The rate depends on the tenure for which the FD is created, ensuring your surplus funds grow at the same rate as a regular fixed deposit.
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ 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
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜Top plans are based on annualized premium, for bookings made through https://www.policybazaar.com in FY 25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
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