Kotak Mahindra Bank has increased the interest rates offered by the bank to customers on fixed deposits (FD). Kotak Mahindra Bank customers will get more profit from January 12. Let’s know the new rates.
New Delhi: Kotak Mahindra Bank has increased the interest rates offered by the bank to customers on fixed deposits. These hikes have come into effect from January 12. HDFC Bank has changed the interest rates of its Fixed Deposit (FD) . Along with this, senior citizens will get additional benefits.
Kotak Mahindra Bank increased interest on FD
Kotak Mahindra Bank has given a gift to its customers. Fixed deposit (FD) interest rates have been hiked. After the new changes, the bank is offering 2.5%, 2.75% and 3% annual interest for FDs maturing in 7 days to 30 days, 31 days to 90 days and 91 days to 120 days respectively.
