Kotak Mahindra Bank FD interest rates range from 2.75% to 7.45% per annum, depending on the deposit term, amount, and customer category. The bank has fixed deposits with tenures of 7 days to 10 years. Senior citizens are eligible for a 0.50% extra interest over applicable slabs. In this article, you can get the full details of Kotak Bank FD, including key benefits, the latest interest rates, and how to book a fixed deposit.
A Kotak Mahindra Bank FD is a secured investment instrument wherein you deposit a fixed sum of money for a specific tenure and earn assured returns. Kotak fixed deposits offer higher interest rates compared to savings accounts, letting you grow your money throughout the tenure. The bank offers a flexible payout of interest in the form of cumulative, monthly, and quarterly options. You can make a deposit of as little as ₹5,000 for the tenure of your choice (between 7 days to 10 years). Kotak Bank allows premature withdrawal to ensure flexibility in fund usage (charges or reduction of interest rates are applicable).
Here are the main benefits of opening a Kotak Mahindra Bank FD, explained in simple words:
Below are the latest Kotak Mahindra Bank rates for deposits below and above ₹3 crore.
| Maturity Period | Regular (% p.a.) |
Senior Citizen** (% p.a.) |
| 7 - 14 Days | 2.75% | 3.25% |
| 15 - 30 Days | 3.00% | 3.50% |
| 31 - 45 Days | 3.25% | 3.75% |
| 46 - 90 Days | 3.50% | 4.00% |
| 91 Days | 5.00% | 5.50% |
| 92 - 179 Days | 4.25% | 4.75% |
| 180 Days | 6.00% | 6.50% |
| 181 - 269 Days | 5.75% | 6.25% |
| 270 Days | 5.75% | 6.25% |
| 271 - 363 Days | 6.00% | 6.50% |
| 364 Days | 6.00% | 6.50% |
| 365 - 389 Days | 6.25% | 6.75% |
| 390 Days | 6.50% | 7.00% |
| 391 Days - <23 Months | 6.60% | 7.10% |
| 23 Months | 6.60% | 7.10% |
| 23 Months 1 Day – <2 Years | 6.50% | 7.00% |
| 2 - <3 Years | 6.40% | 6.90% |
| 3 - <4 Years | 6.40% | 6.90% |
| 4 - <5 Years | 6.40% | 6.90% |
| 5 - 10 Years | 6.25% | 6.75% |
*Kotak Mahindra Bank FD interest rates w.e.f. June 18, 2025
** Senior citizen rates are not applicable for NRO/NRE Account deposits.
| Maturity Period | Interest Rate Range (% p.a.) |
| 7 days to 14 days | 3.50 |
| 15 days to 30 days | 4.00 |
| 31 days to 45 days | 4.25 |
| 46 days to 60 days | 4.50 |
| 61 days to 90 days | 4.50 |
| 91 days | 5.00 |
| 92 days to 120 days | 5.25 |
| 121 days to 179 days | 5.25 |
| 180 days | 6.00 |
| 181 days to 270 days | 6.00 |
| 271 days to 279 days | 5.15 |
| 280 days to 364 days | 6.00 |
| 365 days to less than 15 months | 6.50 |
| 15 months to less than 18 months | 6.50 |
| 18 months to less than 2 years | 6.50 |
| 2 years and above but less than 3 years | 6.40 |
| 3 years and above but less than 4 years | 6.40 |
| 4 years and above but less than 5 years | 6.30 |
| 5 years and above up to & inclusive of 7 years | 6.30 |
*Kotak Mahindra Bank FD interest rates w.e.f. June 18, 2025
| Maturity Period | Interest Rate Range (% p.a.) |
| 91 Days | NA |
| 92 Days – 120 Days | NA |
| 121 Days – 179 Days | NA |
| 180 Days | NA |
| 181 Days to 270 Days | 6.15 |
| 271 Days to 279 Days | 5.25 |
| 280 Days ‐ 364 Days | 6.20 |
| 365 Days ‐ Less Than 15 Months | 6.60 |
| 15 Months – Less Than 18 Months | 6.60 |
| 18 Months – Less Than 2 Years | 6.60 |
| 2 Years – Less Than 3 Years | 6.50 |
| 3 Years – Less Than 4 Years | 6.50 |
| 4 Years – Less Than 5 Years | NA |
*Kotak Mahindra Bank FD interest rates w.e.f. June 21, 2025.
#Not Applicable for ₹3 Crores & Above but below ₹10 Crores
Opening a Kotak Mahindra Bank FD is simple and can be done online or offline.
For existing Kotak Mahindra Bank customers with internet or mobile banking:
For those who prefer visiting a branch:
To open a Kotak Mahindra Bank FD, you may need the following:
Interest earned on Kotak Mahindra Bank FDs is taxable under the head “Income from Other Sources” and is added to your total income. Kotak bank also offers tax-saving FDs wherein customers can get benefits under Section 80C. TDS is deducted at 10% if the total interest in a financial year exceeds ₹50,000 for individuals below 60 years and ₹1,00,000 for senior citizens. If PAN is not submitted, TDS is deducted at 20%. You can submit Form 15G (for individuals) or Form 15H (for senior citizens), if eligible, to avoid TDS.
Kotak Mahindra Bank FD interest rates go up to 7.45% for senior citizens and offer a wide range of tenures starting from just 7 days. The bank provides multiple interest payout options, online convenience, partial withdrawal, loan facility, and attractive FD interest rates across customer segments. Whether saving for short-term or long-term goals, Kotak Mahindra Bank FD provides a secure and flexible deposit option.
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* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 6.9% 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.
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11 Sep 2025
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