Bank Customers Alert! There is an alert for the customers of this Bank. The bank has informed its customers that some services of the bank will not be available on 5th and 12th February. Bank said that to improve the service of the bank, maintenance work will be done due to which the service of the bank will not be available.
Bank Customers Alert! There is an alert for the customers of Kotak Mahindra Bank. The bank has informed its customers that some services of the bank will not be available on 5th and 12th February. Kotak Bank said that to improve the service of the bank, maintenance work will be done due to which the service of the bank will not be available. The bank has sent an email to its customers regarding this.
Kotak Bank service will not be available on 5th and 12th February
The bank has said in the email that we are updating our system to give you a better banking experience. Therefore, some services related to your Kotak VISA Debit Card and Spendz Card will not be available for some time period. This problem will be there from 1:00 am to 5:00 am on Wednesday 5 February 2025 and then on Wednesday 12 February 2025. During this time, customers will not be able to do in-store POS transactions, online payments and international ATM transactions. Kotak Mahindra Bank has advised its customers to complete their important transactions in advance so that they do not face any kind of problem.
What is Spendz?
Kotak Spendz is a prepaid card service designed to manage small and daily expenses. This card helps users to track their expenses separately, making it easier to manage the budget better. Unnecessary expenses can be avoided.
These are the new FD rates of Kotak Bank
- 7 days to 14 days – For general public: 2.75 percent; For senior citizens: 3.25 percent
- 15 days to 30 days – For general public: 3.00 percent; For senior citizens: 3.50 per cent
- 31 days to 45 days – General public: 3.25 per cent; Senior citizens: 3.75 per cent
- 46 days to 90 days – General public: 3.50 per cent; Senior citizens: 4.00 per cent
- 91 days to 120 days – General public: 4.00 per cent; Senior citizens: 4.50 per cent
- 121 days to 179 days – General public: 4.25 per cent; Senior citizens: 4.75 per cent
- 180 days – General public: 7 per cent; Senior citizens: 7.50 per cent
- 181 days to 269 days – General public: 6 per cent; Senior citizens: 6.50 per cent
- 270 days – General public: 6 per cent; For senior citizens: 6.50 per cent
- 271 days to 363 days – For general public: 6 per cent; For senior citizens: 6.50 per cent
- 364 days – For general public: 6.50 per cent; For senior citizens: 7 per cent
- 365 days to 389 days – For general public: 7.10 per cent; For senior citizens: 7.60 per cent
- 390 days (12 months 25 days) – For general public: 7.40 per cent; For senior citizens: 7.90 per cent
- 391 days to less than 23 months – For general public: 7.40 per cent; For senior citizens: 7.90 per cent
- 23 months – For general public: 7.30 per cent; For senior citizens: 7.85 per cent
- 23 months 1 day to less than 2 years – For general public: 7.30 per cent; For senior citizens: 7.85 per cent
- 2 years to less than 3 years – For general public: 7.15 per cent; For senior citizens: 7.60 per cent
- 3 years and above but less than 4 years – For general public: 7 per cent; For senior citizens: 7.60 per cent
- 4 years and above but less than 5 years – For general public: 7 per cent; For senior citizens: 7.60 per cent
- 5 years and above up to and including 10 years – For general public: 6.20 per cent; For senior citizens: 6.70 per cent.
Most Read Articles:
- Standard Deduction Relief: Big relief to salaried taxpayers! Standard deduction limit increased upto ₹75,000, Finance Minister announced
- Standard deduction: What is standard deduction? How do salaried taxpayers benefit?
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
