What are Kotak Mahindra Bank FD interest rates?

Kotak Mahindra Bank FD rates range between 2.75% to 6.70% for regular citizens and 3.25% to 7.20% for senior citizens.

Are KMBL FD interest rates stable?

KMBL FD interest rates ensure stability and security to your FD investment. Despite market fluctuations, you can continue to enjoy high interest rates.

Can I withdraw my Kotak Mahindra Bank FD before maturity?

Yes, you can withdraw your Kotak Mahindra Bank FD prematurely. Note that penalty is applicable subject to withdrawal period.

What are the minimum amount and maximum amount I can deposit in a fixed deposit?

The minimum amount to put in Kotak Mahindra FD account is ₹5000.

Does Kotak Mahindra Bank offer an overdraft facility against FD?

Kotak Mahindra Bank offers an overdraft facility against a fixed deposit. Eligibility depends on the FD tenure and bank terms. It helps meet short-term liquidity needs.

If I am an existing Kotak Mahindra Bank customer, do I have to apply for a different Customer ID to use the senior citizen fixed deposits facility?

Existing savings or current account holders can use the same Customer ID. You can book a senior citizen fixed deposit easily through net banking or mobile banking.

Is it possible to open a fixed deposit using net banking if my PAN details are not updated with the bank?

PAN details must be updated for the primary applicant. Net banking FD booking works only after PAN verification with the bank.

Who all are eligible for Kotak Bank Regular Fixed Deposit Scheme?

If you are a resident/non resident India, senior citizen, PIO or HUF, you can open a fixed deposit account in Kotak Mahindra Bank.

Kotak Bank FD Rates 2026: Latest Kotak FD Interest Rates

Name: Kotak Fixed Deposit Rates
Brand: Interest Rates
Rating: 4.8 (10828 reviews)

Kotak Mahindra Bank offers fixed deposits for tenures ranging from 7 days to 10 years. It offers a maximum interest rate of 7.20% for senior citizens on deposits below ₹3 crore, applicable for a tenure starting 15 months and less than 2 years under the current Kotak FD interest rates and Kotak Mahindra Bank FD rates. Regular citizens earn a 6.70% interest rate for the same tenure under Kotak Bank FD interest rates. Continue reading to learn about the interest rates available on Kotak Bank fixed deposits in detail.

Key Highlights:

FD rates for regular citizens range from 2.75% to 6.70%, higher for senior citizens by 0.50–0.60% under Kotak FD Bank interest rates.
• FD schemes are available in 4 variants: Regular FD, Senior Citizen FD, Tax Saving FD and Sweep-In FD.
• Minimum deposit amount starts at ₹5,000 for most FD schemes.
• Interest payout options include monthly, quarterly or cumulative under Kotak bank FD rates.

Kotak Bank FD Rates for Senior Citizens

Kotak Mahindra Bank offers attractive fixed deposit options with additional benefits for senior citizens under Kotak Mahindra Bank FD rates. The bank provides higher interest rates compared to regular depositors, making it a suitable choice for retirees looking for stable and secure returns.

Senior citizens typically receive an extra interest rate of around 0.50% above regular FD rates, depending on the tenure under Kotak FD interest rates. These deposits are ideal for individuals seeking predictable income along with capital safety.

Kotak Bank FD Interest Rates for Senior Citizens

Tenure	Senior Citizen Interest Rate
7 days to 30 days	3.00%
31 days to 90 days	3.50%
91 days to 179 days	4.00%
180 days to 364 days	5.75%
365 days to less than 2 years	6.50%
2 years to less than 3 years	6.75%
3 years to 5 years	7.00%
5 years to 10 years	6.20%

Term Wise Kotak Fixed Deposit Rates

Kotak fixed deposits can be categorised based on the terms as follows under Kotak Bank Fixed Deposit rates:

• Short-term: Short-term fixed deposits have a tenure of 7 days to 364 days, offering an interest rate of 2.75% to 6.00% for regular citizens under Kotak Bank FD interest rates.

• Medium-term: Medium-term fixed deposits at Kotak Bank have a tenure between 365 days and less than 5 years. In this tenure, the bank offers an FD interest of 6.50% to 6.40% for regular citizens under Kotak Mahindra bank FD rates.

• Long-term: Kotak bank FD interest rates for the long term are 6.25% for regular citizens. The tenure of long-term FD is 5 years to 10 years under Kotak FD rates.

Types of Kotak Mahindra Bank FD Schemes

Kotak Mahindra Bank offers multiple fixed deposit options to suit different saving goals, liquidity needs and tax planning preferences under Kotak FD interest rates. Each FD type comes with flexible features and simple eligibility.

Regular Fixed Deposit

This scheme offers stable returns with flexible tenure options from 7 days to 10 years. You can start with a minimum deposit of ₹5,000. It suits investors who want predictable income and safe capital growth under Kotak Mahindra Bank FD rates.

Senior Citizen Fixed Deposit

Designed for individuals above 60 years, this FD provides higher interest rates than regular deposits under Kotak Mahindra Bank FD rates. The minimum investment starts at ₹5,000, with tenures ranging from 7 days to 10 years. It supports a steady post-retirement income.

Tax Saving Fixed Deposit

This option suits investors who seek tax benefits with stable returns under Kotak FD interest rates. You can claim deductions under Section 80C for investments up to ₹1.5 lakh. The deposit has a fixed lock-in period of 5 years, with no premature withdrawal allowed.

Sweep-In Fixed Deposit

This option links your fixed deposit to a savings or current account for better liquidity. When the account balance runs low, the bank breaks only the required amount in ₹1 units. The remaining balance continues to earn interest under Kotak Bank FD rates.

Benefits of Kotak Fixed Deposit Rates

Here are the advantages of Kotak fixed deposit rates under Kotak FD interest rates:

• You can avail up to a 6.70% interest rate as a general citizen under Kotak Bank FD rates.
• As a senior citizen, you can get a 0.50% or 0.60% higher interest rate based on the tenure under Kotak Mahindra Bank FD rates.
• There are multiple interest payout options such as monthly, quarterly or cumulative.

Eligibility to Avail Kotak Fixed Deposit Rates

Here are the eligibility criteria to get Kotak FD rates:

Citizen of India
Non-resident Indians
Persons of Indian origin
Senior citizens and minors
Hindu Undivided Families (HUF)

Documents Required to Avail Kotak Fixed Deposit Rates

Here are documents required to avail Kotak FD interest rates-

PAN card
Aadhaar card
Passport, Voter ID card or driving license.

If you are an existing customer of the bank, you might not have to provide documents for FD opening.

Premature Withdrawal of Kotak Fixed Deposit

Kotak Mahindra Bank allows premature withdrawal but under certain conditions and levy penalty on it, mentioned in the table below under Kotak bank FD interest rates:

Tenure	Penalty
Less than 180 days	Nil
More than 180 days to less than 364 days	0.50%
Greater or equal to 365 days	1.00%

Tax on Kotak Fixed Deposit Interest

Kotak tax-saver FD helps you avail tax deductions up to ₹1.5 lakh in a financial year under Section 80C of the Income Tax Act. However, interest income from fixed deposits is subject to taxation under Kotak FD interest rates.

How to Open a Kotak Mahindra Bank Fixed Deposit?

You can open a Kotak Mahindra Bank Fixed Deposit easily through mobile or net banking.

Via Mobile Banking

Log in to the Kotak mobile app.
Go to ‘Banking’ → ‘Fixed/Recurring Deposits’.
Select ‘Open Fixed Deposit’.
Enter the amount and tenure.
Review details and confirm.

Via Net Banking

Log in to Kotak net banking.
Go to ‘Investment’ and choose ‘Deposits’.
Choose ‘Open Fixed Deposit’.
Fill in the deposit details and submit.

If online banking does not suit you, simply visit your nearest Kotak Mahindra Bank branch for assistance.

Kotak Mahindra Bank FD Interest Calculator

Calculate returns on fixed deposit using the Kotak Bank FD Calculator below:

Compare Kotak Mahindra Bank FD Interest Rates with Other Banks

Tenure options and interest rates differ across banks and may change from time to time. Before booking a fixed deposit, always check the official website of the respective bank for the latest rates, terms and eligibility details.

Here’s a quick comparison of Kotak FD rates with other prominent banks in India:

Tenure	FD Interest Rates
Tenure	Kotak Mahindra	IDFC Bank	Union Bank	Bank of Baroda	PNB
7 - 14 Days	2.75%	3.00%	2.75%	3.50%	3.00%
181 Days	5.50%	5.50%	5.75%	5.50%	5.60%
1 Year	6.70%	6.30%	6.25%	6.10%	6.10%
5 years	6.25%	6.00%	5.90%	6.00%	6.10%

Why Should You Book an FD with Stable Money?

Here are the reasons why you should book an FD via Stable Money:

Avail interest rates up to 8.00% on FDs with prominent banks and NBFCs
Enjoy 24/7 customer support to assist with bookings and resolve queries
Book an FD without the need to open a savings account with our partners
Get a fixed deposit certificate from our partnered banks or NBFCs upon booking, ensuring transparency and security
Book insured FD under DICGC (Deposit Insurance Credit Guarantee Corporation) as per RBI (Reserve Bank of India) guidelines, covering up to ₹5 lakh.

If you wish to earn even higher returns, Stable Money’s partnered banks and NBFCs provide fixed deposits offering up to 8.00% interest rates, ensuring attractive and reliable earnings.

Download the Stable Money App now to book your FD now!