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Kotak Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 1 cr (last revised on Nov 21, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 cr

4.00

4.00

Calculate
15 days to 30 days Less than Rs. 1 cr

4.50

5.00

Calculate
31 days to 45 days Less than Rs. 1 cr

6.00

6.50

Calculate
46 days to 90 days Less than Rs. 1 cr

8.25

8.75

Calculate
91 days to 179 days Less than Rs. 1 cr

8.25

8.75

Calculate
180 days Less than Rs. 1 cr

8.75

9.25

Calculate
181 days to 269 days Less than Rs. 1 cr

8.75

9.25

Calculate
270 days Less than Rs. 1 cr

9.00

9.50

Calculate
271 days to 363 days Less than Rs. 1 cr

9.00

9.50

Calculate
364 days Less than Rs. 1 cr

9.00

9.50

Calculate
365 days to 389 days Less than Rs. 1 cr

9.00

9.50

Calculate
390 Days (12 months 25 days) Less than Rs. 1 cr

9.00

N.A

Calculate
390 days Less than Rs. 1 cr

N.A

9.50

Calculate
391 Days & above upto and inclusive of 699 Days Less than Rs. 1 cr

8.75

N.A

Calculate
391 days and above upto and inclusive 699 days Less than Rs. 1 cr

N.A

9.25

Calculate
700 days (23 months) Less than Rs. 1 cr

8.75

9.25

Calculate
701 days and above to less than 2 years Less than Rs. 1 cr

8.75

9.25

Calculate
2 years to 1000 Days Less than Rs. 1 cr

8.75

9.25

Calculate
1001 Days Less than Rs. 1 cr

8.75

9.25

Calculate
1002 days to less than 3 years Less than Rs. 1 cr

8.50

9.00

Calculate
3 years and above to less than 4 years Less than Rs. 1 cr

8.50

9.00

Calculate
4 years and above to less than 5 years Less than Rs. 1 cr

8.50

9.00

Calculate
5 years and above upto 10 years Less than Rs. 1 cr

8.00

8.50

Calculate

b) For domestic deposits - Rs. 1cr and above to Less than Rs. 5 cr (last revised on Jan 02, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 1cr and above to Less than Rs. 5 cr

8.00

N.A

Calculate
15 days to 30 days Rs. 1cr and above to Less than Rs. 5 cr

8.00

N.A

Calculate
31 days to 45 days Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate
46 days to 90 days Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate
91 days to 120 days Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate
121 days to 179 days Rs. 1cr and above to Less than Rs. 5 cr

8.75

N.A

Calculate
180 days Rs. 1cr and above to Less than Rs. 5 cr

8.75

N.A

Calculate
181 days to 270 days Rs. 1cr and above to Less than Rs. 5 cr

9.00

N.A

Calculate
271 days to less than 12 months Rs. 1cr and above to Less than Rs. 5 cr

9.00

N.A

Calculate
12 months to less than 15 months Rs. 1cr and above to Less than Rs. 5 cr

9.00

N.A

Calculate
15 months to less than 18 months Rs. 1cr and above to Less than Rs. 5 cr

8.75

N.A

Calculate
18 months to less than 2 years Rs. 1cr and above to Less than Rs. 5 cr

8.75

N.A

Calculate
2 years and above to less than 3 years Rs. 1cr and above to Less than Rs. 5 cr

8.75

N.A

Calculate
3 years and above to less than 4 years Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate
4 years and above to less than 5 years Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate
5 years and above upto 7 years Rs. 1cr and above to Less than Rs. 5 cr

8.50

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Tax Saving Deposits - 5 year upto 10 year Upto Rs. 1 lakh

8.00

8.50

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - Less than Rs. 1 cr (last revised on Nov 21, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Less than Rs. 1 cr 4.00 Calculate
15 days to 30 days Less than Rs. 1 cr 4.50 Calculate
31 days to 45 days Less than Rs. 1 cr 6.00 Calculate
46 days to 90 days Less than Rs. 1 cr 8.25 Calculate
91 days to 179 days Less than Rs. 1 cr 8.25 Calculate
180 days Less than Rs. 1 cr 8.75 Calculate
181 days to 269 days Less than Rs. 1 cr 8.75 Calculate
270 days Less than Rs. 1 cr 9.00 Calculate
271 days to 363 days Less than Rs. 1 cr 9.00 Calculate
364 days Less than Rs. 1 cr 9.00 Calculate
365 days to 389 days Less than Rs. 1 cr 9.00 Calculate
390 Days (12 months 25 days) Less than Rs. 1 cr 9.00 Calculate
391 Days & above upto and inclusive of 699 Days Less than Rs. 1 cr 8.75 Calculate
700 days (23 months) Less than Rs. 1 cr 8.75 Calculate
701 days and above to less than 2 years Less than Rs. 1 cr 8.75 Calculate
2 years to 1000 Days Less than Rs. 1 cr 8.75 Calculate
1001 Days Less than Rs. 1 cr 8.75 Calculate
1002 days to less than 3 years Less than Rs. 1 cr 8.50 Calculate
3 years and above to less than 4 years Less than Rs. 1 cr 8.50 Calculate
4 years and above to less than 5 years Less than Rs. 1 cr 8.50 Calculate
5 years and above upto 10 years Less than Rs. 1 cr 8.00 Calculate

b) For NRO Fixed Deposit - Rs. 1cr and above to Less than Rs. 5 cr (last revised on Jan 02, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 1cr and above to Less than Rs. 5 cr 8.00 Calculate
15 days to 30 days Rs. 1cr and above to Less than Rs. 5 cr 8.00 Calculate
31 days to 45 days Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
46 days to 90 days Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
91 days to 120 days Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
121 days to 179 days Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
180 days Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
181 days to 270 days Rs. 1cr and above to Less than Rs. 5 cr 9.00 Calculate
271 days to less than 12 months Rs. 1cr and above to Less than Rs. 5 cr 9.00 Calculate
12 months to less than 15 months Rs. 1cr and above to Less than Rs. 5 cr 9.00 Calculate
15 months to less than 18 months Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
18 months to less than 2 years Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
2 years and above to less than 3 years Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
3 years and above to less than 4 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
4 years and above to less than 5 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
5 years and above upto 7 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Dec 31, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
365 days to 389 days Less than Rs. 1 cr 9.00 Calculate
390 days Less than Rs. 1 cr 9.00 Calculate
391 days and above upto and inclusive 699 days Less than Rs. 1 cr 8.75 Calculate
700 days Less than Rs. 1 cr 8.75 Calculate
701 days and above to less than 2 years Less than Rs. 1 cr 8.75 Calculate
2 years to 1000 Days Less than Rs. 1 cr 8.75 Calculate
1001 Days Less than Rs. 1 cr 8.75 Calculate
1002 days to less than 3 years Less than Rs. 1 cr 8.50 Calculate
3 years and above to less than 4 years Less than Rs. 1 cr 8.50 Calculate
3 years Less than Rs. 1 cr 9.25 Calculate
4 years and above to less than 5 years Less than Rs. 1 cr 8.50 Calculate
5 years and above upto 10 years Less than Rs. 1 cr 8.00 Calculate

b) For NRE Fixed Deposit - Rs. 1cr and above to Less than Rs. 5 cr (last revised on Dec 31, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
12 months to less than 15 months Rs. 1cr and above to Less than Rs. 5 cr 9.00 Calculate
15 months to less than 18 months Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
18 months to less than 2 years Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
2 years and above to less than 3 years Rs. 1cr and above to Less than Rs. 5 cr 8.75 Calculate
3 years Rs. 1cr and above to Less than Rs. 5 cr 9.25 Calculate
3 years and above to less than 4 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
4 years and above to less than 5 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
5 years and above upto 7 years Rs. 1cr and above to Less than Rs. 5 cr 8.50 Calculate
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