Kotak Mahindra Bank FD Rates Revised: Kotak Mahindra Bank has revised its fixed deposit interest rates in 2026, offering competitive returns across different tenures. These updates are important for investors looking for safe and stable savings options with better interest income. The new rates vary based on tenure and category, including additional benefits for senior citizens.
With interest rates changing frequently, selecting the right FD tenure can help maximize returns. Medium-term deposits currently offer higher rates compared to long-term options. Understanding the latest rates and tenure benefits helps investors make better financial decisions and choose plans that match their savings goals.
Latest Kotak Mahindra Bank FD Rates Updated For Investors
Kotak Mahindra Bank has adjusted its fixed deposit rates for deposits below ₹3 crore. Interest rates now range from around 2.75% for very short tenures to about 6.70% for selected medium-term tenures. These changes reflect current market conditions and the bank’s effort to offer competitive savings options.
Senior citizens receive an additional benefit of about 0.50% above the standard rates. This makes fixed deposits a more attractive option for retirees looking for stable monthly or yearly income without market risks.
Best FD Tenure Offering Highest Returns In 2026
The highest interest rates are currently offered on tenures ranging from around 15 months to less than two years. Investors can earn approximately 6.70% per annum in this range, making it the most rewarding tenure option for regular depositors.
Senior citizens may receive up to around 7.20% interest on the same tenure. This makes mid-term FDs a strong choice for those who want better returns without locking money for very long periods.
Kotak Mahindra Bank FD Rates Revised: Overview Table
| Category | Details |
|---|---|
| Bank Name | Kotak Mahindra Bank |
| Interest Rate Range | 2.75% to 6.70% |
| Senior Citizen Rates | Up to about 7.20% |
| Best Tenure For Returns | 15 months to less than 2 years |
| Minimum Deposit | ₹5,000 |
| Deposit Limit For Rates | Below ₹3 crore |
| Tenure Range | 7 days to 10 years |
| Tax Saving Option | 5-year fixed deposit available |
Short Term Fixed Deposit Interest Rate Details
Short-term fixed deposits include tenures from 7 days to less than one year. Interest rates in this range start at around 2.75% and gradually increase to about 6.00% depending on the exact duration selected by the investor.
These FDs are suitable for individuals who want to park funds temporarily while earning better returns than a savings account. They provide flexibility and allow quick access to funds when needed.
Medium Term FD Plans Providing Maximum Benefits
Medium-term FDs between one and two years currently offer the best interest rates. Investors can earn close to 6.50% to 6.70% annually, making this tenure the most attractive option in 2026.
These plans are ideal for people who want balanced returns without locking money for very long periods. They offer stability, decent interest income, and lower risk compared to market-linked investments.
Long Term Fixed Deposit Returns And Stability
Long-term FDs usually include tenures from three to five years or more. Interest rates in this range are slightly lower, typically around 6.25% to 6.40%, but they provide stable income over time.
These deposits are useful for long-term financial planning, including future expenses like education or retirement. They ensure guaranteed returns regardless of market changes.
Senior Citizen FD Benefits And Extra Interest Rates
Kotak Mahindra Bank offers higher interest rates to senior citizens on fixed deposits. They usually receive an additional 0.50% interest across most tenures, helping increase total earnings over time.
This benefit makes FDs a preferred investment for retirees. It ensures a regular and secure income stream without taking any financial risk.
Tax Saving Fixed Deposit Features And Lock In Period
The bank provides a special five-year tax saving fixed deposit option. Investments in this plan may qualify for tax deductions under applicable income tax rules, depending on government regulations.
However, this FD has a mandatory lock-in period of five years. Investors cannot withdraw the amount early, which makes it suitable for disciplined long-term savings.
Minimum Deposit Amount And Investment Flexibility
The minimum amount required to open a fixed deposit with Kotak Mahindra Bank is generally ₹5,000. This makes it accessible for small and medium investors looking to start saving with limited funds.
Customers can choose different tenures based on their financial goals. The flexibility to select duration and amount makes fixed deposits suitable for various types of investors.
Safe Investment Option With Assured Returns
Fixed deposits remain one of the safest investment options as they provide guaranteed returns. The interest is fixed at the time of booking, protecting investors from market fluctuations.
Kotak Mahindra Bank’s revised rates make FDs a strong choice for those who prefer stability. They are suitable for conservative investors who want steady and predictable income.