Kotak Mahindra Bank
Fixed Deposit Calculator
Highest FD Rate
7.1% p.a.
Best available rate by Kotak across tenures
Kotak Fixed Deposit Calculator
Minimum amount varies by bank (typically ₹1,000)
Best Fixed Deposit Rates Comparison 2025
Compare FD interest rates across top banks - General rates for 5 years
Bank
Interest Rate
Maturity
Interest
Compare
Highest Rate
6.65%
IndusInd
Max Interest
₹39.1K
Best Return
Rate Spread
0.40%
Difference
Banks Available
11
Compared
Kotak Fixed Deposit Calculator Results
Compare different investment amounts and tenures
Kotak Fixed Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | Senior Citizen Rate |
|---|---|---|
| 7-14 days | 2.75% | 3.25% |
| 15-30 days | 2.75% | 3.25% |
| 31-45 days | 3% | 3.5% |
| 46-90 days | 3.5% | 4% |
| 91 days | 5% | 5.5% |
| 92-179 days | 4.25% | 4.75% |
| 180 days | 5.75% | 6.25% |
| 181-269 days | 5.5% | 6% |
| 270 days | 5.5% | 6% |
| 271-363 days | 6% | 6.5% |
| 364 days | 6% | 6.5% |
| 365-389 days | 6.25% | 6.75% |
| 390 days | 6.5% | 7% |
| 391 days-23 months | 6.6% | 7.1% |
| 23 months | 6.6% | 7.1% |
| 23 months 1 day-2 years | 6.5% | 7% |
| 2-3 years | 6.4% | 6.9% |
| 3-4 years | 6.4% | 6.9% |
| 4-5 years | 6.4% | 6.9% |
| 5-10 years | 6.25% | 6.75% |
Important Notes
- Min deposit: ₹5,000
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- Auto-renewal facility available
Key Benefits
- Guaranteed returns with low risk
- Better rates than savings accounts
- Loan against FD facility
- DICGC insurance up to ₹5,00,000
Tax & TDS on Kotak Fixed Deposits
Understanding tax implications and deductions on your FD investments
Section 80C
Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular FDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all FDs with Kotak exceeds ₹40,000 in a financial year
TDS is deducted at source by the bank
Form 26AS shows TDS deducted
Can be claimed as advance tax while filing ITR
No PAN: higher 20% TDS applies
₹5 Lakh FD
At 6.6% for 3 years
₹33,000
Annual Interest
TDS: ₹0
₹10 Lakh FD
At 6.6% for 3 years
₹66,000
Annual Interest
TDS: ₹2,600
₹25 Lakh FD
At 6.6% for 3 years
₹165,000
Annual Interest
TDS: ₹12,500
Kotak Fixed Deposit FAQs
Everything you need to know about lumpsum investments
Compare FD Rates Across Banks
Calculate Fixed Deposit returns with different banks and find the best rates
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