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Kotak Mahindra BankFixed deposit

Kotak Mahindra Bank Regular Fixed Deposit

Kotak Mahindra Bank’s resident callable fixed-deposit rate ladder below ₹3 crore, with tenure-specific general rates and additional interest for eligible resident senior citizens.

First-party evidencePublished researchReviewed September 9, 2026Active
Current rate evidenceThe reviewed callable schedule effective 10 June 2026 reaches 6.80% p.a. for general customers in the 2-year-to-under-3-year band; eligible resident senior rates are generally higher by 0.50 percentage point.
Tenure / deposit bandThe reviewed Domestic/NRO table covers deposits below ₹3 crore; separate rate treatment applies to larger and non-callable deposits.
Liquidity / premature withdrawalPremature withdrawal changes the realised rate and can attract a penalty under current term-deposit rules; non-callable deposits are a separate product.
Rate / booking conditionThe applicable rate is the bank-published rate for the selected amount and tenure on the value date of booking.
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 9, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceThe reviewed callable schedule effective 10 June 2026 reaches 6.80% p.a. for general customers in the 2-year-to-under-3-year band; eligible resident senior rates are generally higher by 0.50 percentage point.
02 · Tenure / deposit bandThe reviewed Domestic/NRO table covers deposits below ₹3 crore; separate rate treatment applies to larger and non-callable deposits.
03 · Liquidity / premature withdrawalPremature withdrawal changes the realised rate and can attract a penalty under current term-deposit rules; non-callable deposits are a separate product.
04 · Rate / booking conditionThe applicable rate is the bank-published rate for the selected amount and tenure on the value date of booking.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
1 year6.35%6.85%
15 months6.45%6.95%
18 months6.55%7.05%
2 years6.80%7.30%
3 years6.40%6.90%
4 years6.40%6.90%
5 years6.25%6.75%

Rate basis: Kotak callable term-deposit schedule for Domestic/NRO deposits below ₹3 crore effective 10 June 2026. · Effective/reference date: June 10, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 14, 2026
Domestic/NRO <₹3Cr callable schedule: reviewed peak 6.80% general; eligible resident seniors generally receive +0.50 percentage point.

Kotak callable term-deposit schedule for Domestic/NRO deposits below ₹3 crore effective 10 June 2026.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceThe reviewed callable schedule effective 10 June 2026 reaches 6.80% p.a. for general customers in the 2-year-to-under-3-year band; eligible resident senior rates are generally higher by 0.50 percentage point.
Tenure / deposit bandThe reviewed Domestic/NRO table covers deposits below ₹3 crore; separate rate treatment applies to larger and non-callable deposits.
Payout / deposit featuresTenures from days to years, fixed contracted rate at booking and senior-citizen additions on eligible resident deposits.
Liquidity / premature withdrawalPremature withdrawal changes the realised rate and can attract a penalty under current term-deposit rules; non-callable deposits are a separate product.
EligibilityResident individuals and other eligible depositors under Kotak’s current KYC/deposit rules; senior additions apply to eligible resident senior citizens.
Rate / booking conditionThe applicable rate is the bank-published rate for the selected amount and tenure on the value date of booking.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Kotak customers who want a conventional callable FD and prefer choosing among clearly published tenure bands rather than relying on one headline maximum rate.

Verify before relying
  • The maximum rate is limited to a particular tenure band.
  • Premature closure can reduce realised interest.
  • NRO, resident-senior and higher-value deposit treatments are not interchangeable.
Verified product relationships

Links the bank explicitly documents.

This section is narrower than the same-bank map below. Every relationship shown here has its own first-party evidence; products merely sharing a bank are not treated as linked.

Can secure 811 #DreamDifferent

Kotak 811 #DreamDifferent Credit Card

Kotak current credit-card terms state the 811 #DreamDifferent Credit Card is issued against a term deposit maintained with the bank.

Current Kotak terms require the minimum term deposit prescribed for the card; reviewed MITC states the minimum was revised to ₹10,000 from 1 April 2025. The linked deposit remains collateral rather than freely withdrawable cash.Verify relationship at bank ↗
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.