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Bank New FD Interest Rate: This Bank increased interest on FD, check latest rate

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Bank New FD Interest Rate: This bank has given a gift to the customers. The bank has once again increased the interest rates on FD. Kotak Bank has increased the interest rate on FDs of 3 years and above but less than 4 years by 0.50 percent. At the same time, the interest rate on FDs of more than 4 years but less than 5 years has been increased by 0.75 percent.


Kotak Mahindra Bank: Kotak Mahindra Bank has given a gift to the customers. The bank has once again increased the interest rates on FD. Kotak Bank has increased the interest rate on FDs of 3 years and above but less than 4 years by 0.50 percent. At the same time, the interest rate on FDs of more than 4 years but less than 5 years has been increased by 0.75 percent. Kotak Bank has implemented this change in interest rates on FD today from December 11, 2023.

Bank is giving minimum 7 days FD

The bank is currently offering interest ranging from 2.75 percent to 6.20 percent. The bank is offering FD ranging from 7 days to 10 years. Kotak Bank is offering maximum interest of 7.25 percent to general customers and 7.75 percent to senior citizens.

These are the new 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 percent
  • 31 days to 45 days – For general public: 3.25 percent; For senior citizens: 3.75 percent
  • 46 days to 90 days – For general public: 3.50 percent; For Senior Citizen: 4.00 percent
  • 91 days to 120 days – For general public: 4.00 percent; For senior citizens: 4.50 percent
  • 121 days to 179 days – For general public: 4.25 percent; For senior citizens: 4.75 percent
  • 180 days – For general public: 7 percent; For senior citizens: 7.50 percent
  • 181 days to 269 days – For general public: 6 percent; For senior citizens: 6.50 percent
  • 270 days – For general public: 6 percent; For senior citizens: 6.50 percent
  • 271 days to 363 days – For general public: 6 percent; For senior citizens: 6.50 percent
  • 364 days – For general public: 6.50 percent; For senior citizens: 7 percent
  • 365 days to 389 days – For general public: 7.10 percent; For senior citizens: 7.60 percent
  • 390 days (12 months 25 days) – For general public: 7.15 percent; For senior citizens: 7.65 percent
  • 391 days to less than 23 months – For general public: 7.20 percent; For senior citizens: 7.70 percent
  • 23 months – For general public: 7.25 percent; For senior citizens: 7.75 percent
  • 23 months 1 day to less than 2 years – For general public: 7.25 percent; For senior citizens: 7.75 percent
  • 2 years to less than 3 years – For general public: 7.10 percent; For senior citizens: 7.60 percent
  • 3 years and more but less than 4 years – For general public: 7 percent; For senior citizens: 7.60 percent
  • 4 years and more but less than 5 years – For general public: 7 percent; For senior citizens: 7.50 percent
  • 5 years and above up to and including 10 years – For general public: 6.20 per cent; For senior citizens: 6.70 percent.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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