Kotak Mahindra Bank FD Calculator

Kotak Mahindra Bank Fixed Deposits Explained

Kotak Mahindra Bank offers retail term deposits from 7 days to 10 years through the Kotak Mobile Banking app, net banking or a branch. Its origin is unusual among Indian private banks: it began as Kotak Mahindra Finance, a non-banking finance company, and in 2003 became the first NBFC in India granted a banking licence by the RBI. It absorbed ING Vysya Bank in 2015, which substantially widened its southern branch network.

Kotak FD Schemes You Can Open

Kotak's deposit range is compact, and the choice rests on how interest is handled and which account funds it:

• •Cumulative deposit — Interest compounds quarterly and is settled with the principal at maturity — what the calculator above computes.
• •Non-cumulative deposit — Interest is credited monthly or quarterly rather than reinvested, for depositors who want the income as it accrues.
• •Tax-saving deposit (5-year) — Qualifies under Section 80C within the ₹1,50,000 annual ceiling, locked for the full term.
• •811-linked deposit — Funded from Kotak 811, the bank's digital-first savings account, so onboarding and deposit can both be completed remotely.

Kotak FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check Kotak FD Interest Rates

Kotak FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

Kotak publishes its domestic deposit card on kotak.com and inside the mobile banking app, quoted per tenure bucket and deposit size with a separate senior citizen column. This is the FD calculator Kotak depositors use to price a term before opening it, and it needs only the slab rate and tenure.

Take the current Kotak Mahindra Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to a Kotak FD

• •Kotak was the first NBFC in India to convert into a bank, receiving its licence in 2003 — a lineage no other large private bank shares.
• •The 2015 ING Vysya merger deepened the branch network across Karnataka and the south, where Kotak had been thin.
• •A Kotak 811 digital savings account can fund the deposit, making the whole path from onboarding to deposit fully remote.
• •Senior citizens receive the standard increment on eligible tenures.
• •A sweep facility and an overdraft against the deposit are both available on eligible accounts.

Enter the rate Kotak Mahindra Bank quotes for your chosen tenure above to see the exact maturity value and the year-by-year accrual of interest.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.