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November 21st, 2017, 01:34 PM
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Join Date: Mar 2012
Re: Kotak Mahindra Bank Term Deposit

Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking


As you asking for the Fixed Deposit Interest Rate of the Kotak Mahindra Bank is given below
Regular
Maturity Periods - Premature
Withdrawal Allowed Less than Rs.1 Crore# Annualised Yield
7 - 14 Days 3.50% 3.50%
15 - 30 Days 4.00% 4.00%
31 - 45 Days 5.00% 5.00%
46 - 90 Days 5.40% 5.40%
91 - 120 Days 5.60% 5.60%
121 - 179 days 6.00% 6.00%
180 Days 6.40% 6.40%
181 Days to 269 Days 6.40% 6.50%
270 Days 6.40% 6.50%
271 Days to 363 Days 6.40% 6.50%
364 Days 6.60% 6.71%
365 Days to 389 Days 6.60% 6.77%
390 Days (12 months 25 days) 6.60% 6.77%
391 Days - Less than 23 Months 6.60% 6.77%
23 Months 6.60% 6.77%
23 months 1 Day- less than 2 years 6.50% 6.66%
2 years- less than 3 years 6.40% 6.56%
3 years and above but less than 4 years 6.25% 6.40%
4 years and above but less than 5 years 6.25% 6.40%
5 years and above upto and inclusive of 10 years 6.00% 6.14%

Senior Citizen*

Maturity Periods –
Premature Withdrawal Allowed Less than Rs.1 Crore# Annualised Yield
7 - 14 Days 4.00% 4.00%
15 - 30 Days 4.50% 4.50%
31 - 45 Days 5.50% 5.50%
46 - 90 Days 5.90% 5.90%
91 - 120 Days 6.10% 6.10%
121 - 179 days 6.50% 6.50%
180 Days 6.90% 6.90%
181 Days to 269 Days 6.90% 7.02%
270 Days 6.90% 7.02%
271 Days to 363 Days 6.90% 7.02%
364 Days 7.10% 7.23%
365 Days to 389 Days 7.10% 7.29%
390 Days (12 months 25 days) 7.10% 7.29%
391 Days - Less than 23 Months 7.10% 7.29%
23 Months 7.10% 7.29%
23 months 1 Day- less than 2 years 7.10% 7.19%
2 years- less than 3 years 6.90% 7.08%
3 years and above but less than 4 years 6.75% 6.92%
4 years and above but less than 5 years 6.75% 6.92%
5 years and above upto and inclusive of 10 years 6.50% 6.66%

For more details you may Contact to the Nearest branch of the Kotak Mahindra Bank


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