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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 May 16, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days less than Rs. 1 cr

4.00

4.50

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

5.00

5.50

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

6.50

7.00

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

7.50

8.00

Calculate
180 days less than Rs. 1 cr

8.40

8.90

Calculate
181 days to 270 days less than Rs. 1 cr

8.40

8.90

Calculate
271 days to less than 1 Year less than Rs. 1 cr

8.50

9.00

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 less than Rs. 1 cr

9.00

9.50

Calculate
391 days and above to 699 days less than Rs. 1 cr

9.00

9.50

Calculate
700 days less than Rs. 1 cr

9.00

9.50

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

9.00

9.50

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

8.75

9.25

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

8.75

9.25

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

8.75

9.25

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

8.50

9.00

Calculate

b) For domestic deposits - Rs. 1cr and above to less than Rs. 5 cr (last revised on May 17, 2013)

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

7.25

N.A

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

7.50

N.A

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

7.50

N.A

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

7.70

N.A

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

8.00

N.A

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

8.25

N.A

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

8.50

N.A

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

8.40

N.A

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

8.50

N.A

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

8.75

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

8.50

N.A

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

8.50

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

8.25

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

8.50

9.00

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 May 16, 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 5.00 Calculate
46 days to 90 days less than Rs. 1 cr 6.50 Calculate
91 days to 179 days less than Rs. 1 cr 7.50 Calculate
180 days less than Rs. 1 cr 8.40 Calculate
181 days to 270 days less than Rs. 1 cr 8.40 Calculate
271 days to less than 1 Year less than Rs. 1 cr 8.50 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 less than Rs. 1 cr 9.00 Calculate
391 days and above to 699 days less than Rs. 1 cr 9.00 Calculate
700 days less than Rs. 1 cr 9.00 Calculate
701 days and above to less than 2 years less than Rs. 1 cr 9.00 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 8.75 Calculate
3 years and above to less than 4 years less than Rs. 1 cr 8.75 Calculate
4 years and above to less than 5 years less than Rs. 1 cr 8.75 Calculate
5 years and above upto 10 years less than Rs. 1 cr 8.50 Calculate

b) For NRO Fixed Deposit - Rs. 1cr and above to less than Rs. 5 cr (last revised on May 17, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 1cr and above to less than Rs. 5 cr 7.25 Calculate
15 days to 30 days Rs. 1cr and above to less than Rs. 5 cr 7.50 Calculate
31 days to 45 days Rs. 1cr and above to less than Rs. 5 cr 7.50 Calculate
46 days to 90 days Rs. 1cr and above to less than Rs. 5 cr 7.70 Calculate
91 days to 120 days Rs. 1cr and above to less than Rs. 5 cr 8.00 Calculate
121 days to 179 days Rs. 1cr and above to less than Rs. 5 cr 8.25 Calculate
180 days Rs. 1cr and above to less than Rs. 5 cr 8.50 Calculate
181 days to 270 days Rs. 1cr and above to less than Rs. 5 cr 8.40 Calculate
271 days to less than 12 months Rs. 1cr and above to less than Rs. 5 cr 8.50 Calculate
12 months to less than 15 months Rs. 1cr and above to less than Rs. 5 cr 8.75 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 8.50 Calculate
2 years and above to less than 3 years Rs. 1cr and above to less than Rs. 5 cr 8.50 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 8.25 Calculate

a) For NRE Fixed Deposit - less than Rs. 1 cr (last revised on May 16, 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 to 699 days less than Rs. 1 cr 9.00 Calculate
700 days less than Rs. 1 cr 9.00 Calculate
701 days and above to less than 2 years less than Rs. 1 cr 9.00 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 8.75 Calculate
3 years and above to less than 4 years less than Rs. 1 cr 8.75 Calculate
4 years and above to less than 5 years less than Rs. 1 cr 8.75 Calculate
5 years and above upto 10 years less than Rs. 1 cr 8.50 Calculate

b) For NRE Fixed Deposit - Rs. 1cr and above to less than Rs. 5 cr (last revised on May 17, 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 8.75 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 8.50 Calculate
2 years and above to less than 3 years Rs. 1cr and above to less than Rs. 5 cr 8.50 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 8.25 Calculate