Bank FD Interest: Now this bank will pay more interest on fixed deposits, know bank details and interest rate

Fixed Deposit Rate of Kotak Mahindra Bank: After increasing the repo rate of RBI by 0.25 percent, Kotak Mahindra Bank has once again increased the interest on some of its FDs.

The bank has increased the interest on some of its FDs by up to 0.50 per cent. These new rates will be applicable for FDs of less than Rs 2 crore. New rates will be applicable from today 9 March 2023

Fixed Deposit Rate of Kotak Mahindra Bank: After increasing the repo rate of RBI by 0.25 percent, Kotak Mahindra Bank has once again increased the interest on some of its FDs. The bank has increased the interest on some of its FDs by up to 0.50 per cent. These new rates will be applicable for FDs of less than Rs 2 crore. The new rates will be applicable from today, March 9, 2023.

Kotak Bank is offering FDs ranging from 7 days to 10 years to its customers. The bank is giving a maximum interest of 7.20 per cent to general customers and 7.70 per cent to senior citizens. The bank has increased the interest on FDs of 180 days to 6.50 per cent.

These are the new rates of Kotak Bank

• 7 days to 14 days – For general public: 2.75 per cent; For Senior Citizen: 3.25 percent
• 15 days to 30 days – For general public: 3.00 per cent; For Senior Citizen: 3.50 percent
• 31 days to 45 days – For general public: 3.25 per cent; For Senior Citizen: 3.75 percent
• 46 days to 90 days – For general public: 3.50 per cent; For Senior Citizen: 4.00 percent
• 91 days to 120 days – For general public: 4.00 per cent; For Senior Citizen: 4.50 percent
• 121 days to 179 days – For general public: 4.25 per cent; For Senior Citizen: 4.75 percent
• 180 days – For general public: 6.50 per cent; For Senior Citizen: 7.00 percent
• 181 days to 269 days – For the general public: 6 percent; For Senior Citizen: 6.50 percent
• 270 days – For general public: 6 percent; For Senior Citizen: 6.50 percent
• 271 days to 363 days – For general public: 6 percent; For Senior Citizen: 6.50 percent
• 364 days – For general public: 6.25 per cent; For Senior Citizen: 6.75 percent
• 365 days to 389 days – For general public: 7 percent; For Senior Citizen: 7.50 percent
• 390 days (12 months 25 days) – For general public: 7.20 per cent; For Senior Citizen: 7.50 percent
• 391 days to less than 23 months – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
• 23 months – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
• 23 months 1 day to less than 2 years – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
• 2 years to less than 3 years – For general public: 7 percent; For Senior Citizen: 7.50 percent
• 3 years and above but less than 4 years – For general public: 6.50 per cent; For Senior Citizen: 7 percent
• 4 years and above but less than 5 years – For general public: 6.25 per cent; For Senior Citizen: 6.75 percent
• 5 years and above and up to and including 10 years – For general public: 6.20 per cent; For Senior Citizen: 6.70 percent.