The latest Kotak Mahindra Bank FD interest rates range from 2.75% to 6.70% per annum for the general citizens and 3.25% to 7.20% per annum for the senior citizens, depending on the deposit term of 7 days to 10 years. Senior citizens are eligible for a 0.50% extra interest over applicable slabs.
Fixed Deposits are considered one of the safest investment choices, offering stability and peace of mind, regardless of market fluctuations. However, if you're looking for better returns without compromising on safety, explore the investment plans below. These alternatives offer higher returns than traditional FDs, along with the added protection of insurance coverage.
Kotak Bank FD is a secure investment option that lets you deposit as little as ₹5,000 for a flexible tenure from 7 days to 10 years. The FD rates offered by Kotak Bank for deposits below 3 crore are up to 6.70% p.a. for the general citizens and 7.20% p.a. for the senior citizens. There will be no interest for NRE TDs who are staying for less than 1 year.
You can receive regular income, but since you get the money early, the interest is paid at a discounted rate per RBI rules. Kotak has different FD schemes such as Regular FD, Senior citizens FD, Tax saving FDs and Sweep-in FD facility, where you can break your FD into tiny ₹1 units instead of large chunks. Usually, banks don't give any prior notice when changing their FD rates; they can change based on the economy.
When choosing an investment, it's important to understand the distinctions between options. Fixed deposits offer guaranteed returns and security, while other products, such as guaranteed return plans and mutual funds, can provide growth opportunities with different degrees of risk.
7 days to 10 years
₹5,000
No limit
Monthly, half-yearly, yearly, cumulative
Available, but charges apply
Available
Yes
Yes, Available
Allows liquidity through Kotak Sweep-in FD
Kotak Mahindra Bank has updated its FD rates, offering a peak return of 7.20% for senior citizens and 6.70% for others. To get the most out of your investment, target the 15-month to 2-year tenure for the highest interest yields.
Below are the latest Kotak Mahindra Bank rates for deposits below and above ₹3 crore.
| Tenure | Regular Rates | Senior Citizen |
| 7 Days to 14 Days | 2.75% | 3.25% |
| 15 Days to 1 Month | 2.75% | 3.25% |
| 1 Month to 2 Months | 3.00% | 3.50% |
| 2 Months to 3 Months | 3.50% | 4.00% |
| 3 Months | 4.75% | 5.25% |
| 3 Months to 6 Months | 4.25% | 4.75% |
| 6 Months | 5.50% | 6.00% |
| 6 Months to 9 Months | 5.50% | 6.00% |
| 9 Months | 5.50% | 6.00% |
| 9 Months to 12 Months | 6.00% | 6.50% |
| 12 Months | 6.00% | 6.50% |
| 1 Year to 1.2 Years | 6.50% | 7.00% |
| 1.2 Years to 1.5 Years | 6.70% | 7.20% |
| 1.5 Years to 2 Years | 6.70% | 7.20% |
| 2 Years to 3 Years | 6.50% | 7.00% |
| 3 Years to 4 Years | 6.40% | 6.90% |
| 4 Years to 5 Years | 6.40% | 6.90% |
| 5 Years to 10 Years | 6.25% | 6.75% |
| Maturity Period | Regular (% p.a.) | Senior Citizen (% p.a.) |
| 7 to 14 days | 2.75% | 2.75% |
| 15 to 30 days | 2.75% | 2.75% |
| 31 to 45 days | 3.00% | 3.00% |
| 46 to 60 days | 3.50% | 3.50% |
| 91 days | 4.75% | 4.75% |
| 92 days to 120 days | 4.25% | 4.25% |
| 121 days to 179 days | 5.50% | 5.50% |
| 180 days | 5.50% | 5.50% |
| 181 days to 269 days | 6.00% | 6.00% |
| 270 Days | 5.50% | 5.50% |
| 271 days to 363 days | 6.00% | 6.00% |
| 364 days | 6.00% | 6.00% |
| 365 days - less than 15 months | 6.50% | 6.50% |
| 15 months - less than 18 months | 6.70% | 6.70% |
| 18 months - less than 2 years | 6.70% | 6.70% |
| 2 years - less than 3 years | 6.50% | 6.50% |
| 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 - 7 years | 6.25% | 6.25% |
*Kotak Mahindra Bank FD interest rates w.e.f. 14th January 2026
**There are no interest rates applicable for the senior citizens above Rs 3 crores
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.45% |
| ICICI Bank | 2.75% | 6.5% |
| HDFC Bank | 2.75% | 6.45% |
| Axis Bank | 3% | 6.45% |
| Punjab National Bank | 3% | 6.4% |
| Kotak Mahindra Bank | 2.75% | 6.7% |
| Yes Bank | 3.25% | 7.75% |
| Bank of Baroda | 3.5% | 6.45% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.45% |
| Union Bank of India | 2.75% | 6.3% |
| Bank of India | 3% | 6.7% |
| Canara Bank | 4% | 7.25% |
| IDBI Bank | 3% | 6.55% |
| Indian Overseas Bank | 2.9% | 6.6% |
| Bank of Maharashtra | 2.6% | 6.65% |
| Central Bank of India | 3% | 6.5% |
| Punjab and Sind Bank | 2.85% | 6.6% |
| UCO Bank | 2.9% | 6.45% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 3.25% | 6.6% |
| Federal Bank | 3% | 6.75% |
| Bandhan Bank | 2.95% | 7.2% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.65% |
| Tamilnad Mercantile Bank | 4% | 7.1% |
| Karnataka Bank | 3.5% | 6.65% |
| DBS Bank | 2.75% | 6.6% |
| Shriram Finance Ltd | 6.79% | 7.35% |
| Bajaj Finance Ltd | 6.6% | 6.95% |
| Mahindra Finance Ltd | 6.4% | 6.8% |
| Fincare Small Finance | 3% | 8.61% |
| Utkarsh | 4% | 7.5% |
| Unity Small Finance Bank | 4% | 7.25% |
| Suryoday Small Finance Bank | 4% | 7.9% |
| DCB Bank | 3.75% | 7.15% |
| Equitas Small Finance Bank | 3.5% | 7.3% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.6% |
| North East Small Finance bank | 3.5% | 7.75% |
| Saraswat Bank | 3.25% | 6.9% |
| Shivalik Small Finance Bank | 3.5% | 7.5% |
| Ujjivan Small Finance Bank | 3.5% | 7.45% |
*FD interest rates w.e.f. February 2026 (for general public, domestic FDs < ₹3 Cr).
Here are the main benefits of opening a Kotak Mahindra Bank FD, explained in simple words:
Kotak Bank FDs allow you to invest a lump sum for a chosen period and earn competitive interest income. You can book an FD online or offline as per your preference.
Existing Kotak Mahindra Bank customers can easily book an FD online through NetBanking or the Mobile Banking App.
If you prefer a personal touch or are a new customer, you can open a Kotak Mahindra Bank FD by visiting a branch.
Kotak Mahindra Bank’s eligibility criteria to open an FD account are flexible. The eligible people are mentioned below -
Kotak Mahindra Bank Fixed Deposits offer attractive interest rates of up to 6.70% p.a. for general citizens and 7.20% p.a. for senior citizens, with flexible tenures starting from 7 days. The bank provides multiple interest payout options, partial withdrawal, and a loan/overdraft facility against the FD. Kotak FDs include schemes like Special Fixed Deposit, Tax Saving FD, and Floating FD (ActivMoney), offering competitive interest rates. Additional benefits include a sweep-in/sweep-out facility for liquidity and a nomination facility for easy succession planning.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* 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.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
05 Feb 2026
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