1. What is the highest Kotak FD rate?

The highest Kotak Bank FD rate is 6.80% p.a. for regular depositors and 7.30% p.a. for senior citizens on deposits below â¹3 crore. These rates apply to a tenure of 2 years to less than 3 years.

2. Does Kotak offer monthly income FDs?

Yes Kotak Bank offers monthly interest payout choices on qualified FDs. Depositors may also choose the quarterly interest payout or the cumulative option. Under cumulative option interest is compounded and added to the principal amount which is payable at the time of FD maturity, subject to applicable terms.

3. Is HDFC better or Kotak?

HDFC Bank and Kotak Mahindra Bank offer fixed deposits with different interest rates and terms. The choice depends on factors such as tenure, applicable interest rate, premature withdrawal rules, deposit amount, interest payout options and other FD features offered under the selected deposit scheme.

4. Is Kotak Bank safe for FD?

Yes. Kotak Mahindra Bank is governed by the Reserve Bank of India (RBI). Most of the eligible deposits are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance up to a maximum of â¹5 lakh (per depositor) subject to terms and conditions.

5. Which FD is best in Kotak Mahindra Bank?

A suitable FD differs as per the needs of the depositor. The regular FDs are flexible, whereas the Tax Saving FD has a specific period such as 5 year lock-in and can offer a tax deduction subject to applicable income-tax regulations.

6. What is Kotak 6.5 interest rate?

For deposits below â¹3 crore, Kotak Bankâs existing FD rate chart does not include a flat interest rate of 6.50% p.a. The rates applicable around this level are 6.45% p.a. and 6.55% p.a. for specified tenors.

7. What are Kotak Mahindra Bank's FCNR deposit interest rates?

Kotak Bank FCNR(B) rates vary depending on the currency. For USD (3.70% p.a. to 6.30% p.a.), GBP (3.45% p.a. to 3.95% p.a.), EUR (1.90% p.a. to 2.40% p.a.), AUD (3.85% p.a. to 4.50% p.a.) and SGD (1.10% p.a. to 1.25% p.a.) as of 19 August 2026.

Kotak Bank FD Interest Rates

Kotak Bank FD interest rates range from 2.75% to 6.80% p.a. on deposits below ₹3 crore for general citizens, effective from 10 June 2026. Senior citizens get 3.25% to 7.30% p.a., including an additional 0.50% over applicable regular rates. Tenures range from 7 days to 10 years. Other options include Tax-Saving FDs and NRI deposits through NRE, NRO and FCNR(B) accounts.

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Kotak Bank Fixed Deposit Interest Rates for August 2026

The following table shows the Kotak Bank Fixed Deposit interest rates for domestic deposits below ₹3 crore, effective from 10 June, 2026.

Tenure	Regular Citizens (p.a.)	Senior Citizens (p.a.)
7–14 Days	2.75%	3.25%
15–30 Days	2.75%	3.25%
31–45 Days	3.00%	3.50%
46–90 Days	3.50%	4.00%
91 Days	4.00%	4.50%
92–179 Days	4.25%	4.75%
180 Days	5.00%	5.50%
181–269 Days	5.50%	6.00%
270 Days	5.50%	6.00%
271–363 Days	6.00%	6.50%
364 Days	6.00%	6.50%
365 Days to less than 15 Months	6.35%	6.85%
15 Months to less than 18 Months	6.45%	6.95%
18 Months to less than 2 Years	6.55%	7.05%
2 Years to less than 3 Years	6.80% (Highest)	7.30% (Highest)
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 including 10 Years	6.25%	6.75%

*Kotak Bank FD interest rates w.e.f. 10 June, 2026

Currently, the highest interest rate on Kotak Bank FD, 6.80% p.a. for regular depositors, is available for the tenure of 2 years to less than 3 years.

How Are Kotak Bank Fixed Deposit Rates Decided?

Kotak Bank revises its published FD rates from time to time based on its deposit pricing. The FD interest rates depend on the period of deposit, quantity of deposit, category of the depositor and type of fixed deposits. The rate given may also vary in case of premature withdrawal.

RBI and Market Interest Rates: The bank deposit rates are also affected by the policy rate of the RBI as well as the general structure of interest rates. Kotak Bank maintains the right to change FD rates according to market conditions and financial needs.
Senior Citizen Benefit: Senior citizen FD rates include an additional 0.50% p.a. for resident senior citizens aged 60 years and above over the applicable regular FD rate for eligible deposits. This benefit is not applicable to NRO/NRE deposits and certain products such as ActivMoney.
Deposit Size, Category and Tenure: The bank offers a different rate schedule for deposits of less than ₹3 crore and has different rates for larger accounts. The fixed deposit interest rates vary with time of maturity. Not all deposits have equal interest rates.
Premature withdrawal: On Kotak Bank FD premature withdrawal, the applicable rate is lower than the actual, after applicable penalties. The penalty is nil for deposits of up to 180 days, 0.50% for deposits above 180 days up to 364 days, and 1.00% for deposits of 365 days and above.

Kotak Bank FD Rates for Deposits of ₹3 Crore and Above

The following tables show the applicable callable and non-callable FD interest rates for deposits of ₹3 crore and above, across the available tenures.

Callable FD Interest Rates (₹3 Crore & above but less than ₹5 Crore)

The following table shows Kotak Bank callable FD rates for deposits of ₹3 crore to less than ₹5 crore, effective from 10 June 2026.

Tenure	Regular Citizens (p.a.)	Senior Citizens (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	4.00%	4.00%
92–179 Days	4.25%	4.25%
180 Days	5.00%	5.00%
181–269 Days	5.50%	5.50%
270 Days	5.50%	5.50%
271–363 Days	6.00%	6.00%
364 Days	6.00%	6.00%
365 Days to less than 15 Months	6.35%	6.35%
15 Months to less than 18 Months	6.45%	6.45%
18 Months to less than 2 Years	6.55%	6.55%
2 Years to less than 3 Years	6.80% (Highest)	6.80% (Highest)
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 including 10 Years	6.25%	6.25%

*Kotak Bank FD interest rates w.e.f. 10 June, 2026

For callable FDs, the highest rate of 6.80% p.a. applies to both regular and senior citizens for 2 years to less than 3 years.

Non-Callable FD Interest Rates (₹3 crores & above but less than ₹25 crore)

Below are the Kotak Bank non-callable FD rates for deposits of ₹3 crore to less than ₹25 crore, applicable from 21 July 2026.

Tenure	Rates (p.a.)
91 Days	6.65%
92–120 Days	6.75%
121–179 Days	6.75%
180 Days	6.80%
181–270 Days	6.15%–6.80%
271–279 Days	5.75%
280–364 Days	6.20%–6.85%
365 Days to less than 15 Months	6.70%–7.10% (Highest)
15 Months to less than 18 Months	6.70%–6.85%
18 Months to less than 2 Years	6.70%–6.80%
2 Years and above but less than 3 Years	6.70%–6.80%
3 Years and above but less than 4 Years	6.35%–6.40%

*Kotak Bank FD interest rates w.e.f. 21 July, 2026

Among the listed non-callable FD tenures, deposits held for 365 days to less than 15 months earn the highest interest rate of 7.10% p.a.

Kotak Bank Tax Saver FD Scheme

Kotak Mahindra Bank Tax Saving FD has a minimum deposit requirement of ₹100 and a maximum of ₹1.50 lakh in a financial year. Depositors have the option to have interest paid out quarterly or reinvested till maturity. Nomination is available, but the tax-saving FD cannot be pledged as security for a loan.

Eligible depositors are entitled to a deduction up to ₹1.50 lakh under Section 123 read with Schedule XV of the Income Tax Act, 2025 (formerly Section 80C) subject to applicable criteria on the FD. Kotak Bank revises its published FD rates from time to time based on its deposit pricing. The deposit has a minimum lock-in period of five years and no withdrawal of principal or accrued interest is allowed before maturity.

Kotak Bank NRI FD Rates (NRE / NRO / FCNR)

Kotak Bank publishes domestic, NRO and NRE FD rates under the same rate structure. However, the senior citizen rate benefit is not applicable to NRO/NRE deposits. The FCNR(B) rates differ by currency and deposit tenure. The following table shows the Kotak Bank FCNR(B) deposit interest rates, effective from 19 August 2026.

Tenure	USD < 0.5 Mio	USD ≥ 0.5 Mio	GBP	EURO	AUD	SGD
1 Year to less than 2 Years	4.00%	4.00%	3.95%	2.40%	4.50%	1.25%
2 Years to less than 3 Years	3.70%	3.70%	3.65%	1.90%	4.15%	1.10%
3 Years to less than 4 Years	6.25%	6.25%	3.45%	1.90%	3.85%	-
4 Years to less than 5 Years	6.30%	6.30%	-	-	-	-
5 Years Only	6.30%	6.30%	-	-	-	-

*Kotak Mahindra Bank FCNR Deposit interest rates w.e.f. 19 August 2026.

The highest FCNR(B) rate is 6.30% p.a. for USD deposits with a tenure of 4 years to 5 years and 5 years.

Kotak Bank Senior Citizen FD Rates

Kotak Bank offers an additional 0.50% p.a. to resident senior citizens aged 60 years and above over the applicable regular FD rate. Based on the listed rates for deposits below ₹3 crore, Kotak Bank senior citizen FD interest rates range from 3.25% to 7.30% p.a. The senior citizen benefit is not applicable to NRO/NRE deposits, ActivMoney and non-withdrawable FDs.

Key Features of Kotak Bank Fixed Deposit

Kotak Bank fixed deposits offer different tenures, interest payout and withdrawal options to suit varying deposit requirements. Below mentioned are the main features:

Sweep-in facility: Kotak Bank sweep-in FD or Kotak ActivMoney facility provides liquidity by linking qualified fixed deposits with a current or savings account.
Flexible Interest Payment Options: Based on the appropriate FD option, depositors can opt for monthly, quarterly interest payments or just leave it invested till maturity.
Online FD Booking: Kotak Bank’s Net Banking and Mobile Banking allow all customers to book fixed deposits.
Flexible Tenure Choices: Deposit the funds in the FD generally, for a period of 7 days to 10 years as per your needs. For non-callable FDs, the tenure ranges from 91 days to 5 years, subject to the applicable terms and conditions.
Overdraft Facility: Depositors can avail of an overdraft facility of up to 90% of the fixed deposit value, subject to the applicable terms and conditions.

Kotak Bank FD Interest Rate Calculator

The Kotak Bank fixed deposit interest calculator helps you estimate the interest earned and maturity amount depending on deposit amount, tenure and relevant interest rate. The interest on cumulative deposits is compounded quarterly and added to the principal amount to calculate interest for the rest of the quarters. The tool can be used to compare the various FD possibilities before investing.

FAQs

1. What is the highest Kotak FD rate?

The highest Kotak Bank FD rate is 6.80% p.a. for regular depositors and 7.30% p.a. for senior citizens on deposits below ₹3 crore. These rates apply to a tenure of 2 years to less than 3 years.
2. Does Kotak offer monthly income FDs?

Yes Kotak Bank offers monthly interest payout choices on qualified FDs. Depositors may also choose the quarterly interest payout or the cumulative option. Under cumulative option interest is compounded and added to the principal amount which is payable at the time of FD maturity, subject to applicable terms.
3. Is HDFC better or Kotak?

HDFC Bank and Kotak Mahindra Bank offer fixed deposits with different interest rates and terms. The choice depends on factors such as tenure, applicable interest rate, premature withdrawal rules, deposit amount, interest payout options and other FD features offered under the selected deposit scheme.
4. Is Kotak Bank safe for FD?

Yes. Kotak Mahindra Bank is governed by the Reserve Bank of India (RBI). Most of the eligible deposits are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance up to a maximum of ₹5 lakh (per depositor) subject to terms and conditions.
5. Which FD is best in Kotak Mahindra Bank?

A suitable FD differs as per the needs of the depositor. The regular FDs are flexible, whereas the Tax Saving FD has a specific period such as 5 year lock-in and can offer a tax deduction subject to applicable income-tax regulations.
6. What is Kotak 6.5 interest rate?

For deposits below ₹3 crore, Kotak Bank’s existing FD rate chart does not include a flat interest rate of 6.50% p.a. The rates applicable around this level are 6.45% p.a. and 6.55% p.a. for specified tenors.
7. What are Kotak Mahindra Bank's FCNR deposit interest rates?

Kotak Bank FCNR(B) rates vary depending on the currency. For USD (3.70% p.a. to 6.30% p.a.), GBP (3.45% p.a. to 3.95% p.a.), EUR (1.90% p.a. to 2.40% p.a.), AUD (3.85% p.a. to 4.50% p.a.) and SGD (1.10% p.a. to 1.25% p.a.) as of 19 August 2026.