Kotak Fixed Deposit
Kotak Mahindra Bank · Fixed deposits
1 year: 6.45%
Facts read on · Source
Rating
3.5 out of 5 · Good
- Interest rate at 1, 3 and 5 years (65% of the rating): 90/100
- Premature withdrawal penalty (20% of the rating): 0/100
- Minimum amount (15% of the rating): 30/100
Worked out by method version 1 against the 4 deposits listed, from the facts on this page. How products are rated
The facts
- 3 years
- 6.40%
- 5 years
- 6.25%
- Penalty
- 1.00%
- Minimum
- ₹5,000
- Senior, 1 year
- 6.95%
- Senior, 5 years
- 6.75%
- Sweep-in
- Yes
- Deposit cover
- ₹5 lakh per depositor, per bank
Worth knowing
Rates for deposits below ₹3 crore from 28 Oct 2026. The penalty is nil up to 180 days, 0.50% to 364 days and 1% from 365 days. The minimum is ₹5,000.
Rate history
Rates are added, never edited, so earlier rates stay on this page.
- : 6.75% · 60-month term · Senior citizens
- : 6.25% · 60-month term
- : 6.90% · 36-month term · Senior citizens
- : 6.40% · 36-month term
- : 6.95% · 12-month term · Senior citizens
- : 6.45% · 12-month term
Fixed deposits, side by side · Work it out with your own figures
Savingy Guide · Calculators · Product ratings · Editorial guidelines
For education only. The Savingy Guide explains how money products and decisions work in general terms. It is not financial, investment, tax, insurance or legal advice, and it does not recommend any product. Rules, rates and figures change, so check the current terms before you act, and speak to a qualified professional about your own situation.