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  #1  
November 14th, 2017, 03:00 PM
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Rd Interest Rates In Kotak Mahindra Bank

What is RD (Recurring Deposit) Interest Rates in Kotak Mahindra Bank, will you plz tell me , as I am thinking to open RD account there ??
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  #2  
November 14th, 2017, 03:30 PM
Super Moderator
 
Join Date: Mar 2012
Re: Rd Interest Rates In Kotak Mahindra Bank

Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India.

As you want here I am telling RD (Recurring Deposit) Interest Rates in Kotak Mahindra Bank:

RD (Recurring Deposit) Interest Rates in Kotak Mahindra Bank
Tenure Interest Rate p.a. ( %) Senior Citizen Rates p.a. ( %)
12 Months 6.6 7.1
15 Months 6.5 7
18 Months 6.5 7
21 Months 6.5 7
24 Months 6.4 6.9
27 Months 6.4 6.9
30 Months 6.4 6.9
33 Months 6.4 6.9
3 years - less than 4 years 6.25 6.75
4 years - less than 5 years 6.25 6.75
5 years - 10years 6 6.5

Bank profile :

Type Private sector Bank
Traded as BSE: 500247
NSE: KOTAKBANK
Industry Banking, Financial service
Founded 1985 (as Kotak Mahindra Finance Ltd)
Headquarters Mumbai, India
Key people Uday Kotak (Founder & Executive Vice Chairman & MD)
Dipak Gupta (Joint MD)
Jaimin Bhatt (President & Group CFO)
Shanti Ekambaram (President - Consumer Banking)
KVS Manian (President - Corporate, Investment & Institutional Banking)
Mohan Shenoi (Chief Operating Officer)
Gaurang Shah (President - Asset Management, Insurance and International Business)
D Kannan (Group Head - Commercial Banking)
Arvind Kathpalia (President &Group Chief Risk Officer)
Products Deposit accounts, Loans, Investment services
Revenue 27,974.52 crore (US$4.4 billion)(2016)
Net income 3,431.12 crore (US$540 million)(2016)
Total assets US$15.8 billion(2015)
Number of employees 46,500+ (2016)


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