Kotak Mahindra Bank hikes FD interest rates by 10 basis points

Kotak Mahindra Bank hikes FD interest rates by 10 basis point

Kotak Mahindra Bank has increased interest rates on fixed deposits under Rs 2 crores

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The new rates are effective from September 19, 2022, according to the bank's official website.

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Kotak Mahindra Bank FD tenure ranges between 7 days and 10 years

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Earn interest rates in the range of 2.5%-6.1% p.a for regular investors

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For senior citizens it is in the range of 3%-6.6%. p.a

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Premature Withdrawal of RD According to the website, “In case of premature closure of this deposit within a month, no interest shall be paid, and only principal amount will be returned

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Thanks For Watching For More Details Visit

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