Kotak Mahindra Bank FD Calculator

7% p.a. (quarterly compounding) - Min deposit Rs. 5,000

Principal

Rs. 5.00 lakh

Example: Rs. 5 lakh

Interest Earned

Rs. 1.16 lakh

Over 3 years

Maturity Amount

Rs. 6.16 lakh

at 7% p.a.

Kotak Mahindra Bank FD Rates by Tenure

TenureGeneral RateSenior Citizen
7-14 days2.75%3.25%
15-30 days3.25%3.75%
31-90 days4.5%5%
6 months-1 year6.5%7%
1-2 years7%7.5%
2-3 years7%7.5%
3-5 years7%7.5%
5 years+6.2%6.7%

Indicative rates. Actual rates may differ - verify with Kotak Mahindra Bank before investing.

Kotak Mahindra Bank FD Maturity - Quick Reference (at 7%)

Principal1 yr2 yr3 yr5 yr
Rs. 1.00 lakhRs. 1.07 lakhRs. 1.15 lakhRs. 1.23 lakhRs. 1.41 lakh
Rs. 2.50 lakhRs. 2.68 lakhRs. 2.87 lakhRs. 3.08 lakhRs. 3.54 lakh
Rs. 5.00 lakhRs. 5.36 lakhRs. 5.74 lakhRs. 6.16 lakhRs. 7.07 lakh
Rs. 10.00 lakhRs. 10.72 lakhRs. 11.49 lakhRs. 12.31 lakhRs. 14.15 lakh
Rs. 25.00 lakhRs. 26.80 lakhRs. 28.72 lakhRs. 30.79 lakhRs. 35.37 lakh

Customize your FD calculation

₹10,000₹10.00 Cr
3.00%15.00%
1 yr30 yrs

Maturity Amount

₹6.16 L

Total Interest

₹1.16 L

Effective Annual Rate

7.19%

Interest Breakdown

PeriodInterestBalance
Q1 (Year 1)₹8,750₹5.09 L
Q2 (Year 1)₹8,903₹5.18 L
Q3 (Year 1)₹9,059₹5.27 L
Q4 (Year 1)₹9,217₹5.36 L
Q5 (Year 2)₹9,379₹5.45 L

Kotak Mahindra Bank FD - Key Features

  • -One of India's top-rated private banks
  • -DICGC insured up to Rs. 5 lakh
  • -Sweep FD facility available with savings account
  • -Senior citizens earn 0.50% additional interest
  • -Tax Saving FD available for Section 80C benefit

Frequently Asked Questions

What is the Kotak Mahindra Bank FD interest rate in 2026?

Kotak Mahindra Bank offers FD interest rates ranging from 2.75% to 7% p.a. for general citizens, depending on the tenure. Senior citizens typically earn 0.50% extra. The most popular 3-year FD earns 7% p.a. with quarterly compounding.

How much will Rs. 5 lakh grow in 3 years at Kotak Mahindra Bank?

Rs. 5 lakh (Rs. 500,000) invested in a Kotak Mahindra Bank FD for 3 years at 7% p.a. (quarterly compounding) will grow to approximately Rs. 6.16 lakh. Total interest earned = Rs. 1.16 lakh.

Is Kotak Mahindra Bank FD safe?

Kotak Mahindra Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to Rs. 5 lakh per depositor per bank. This covers both principal and interest. Kotak Mahindra Bank is a well-regulated bank under RBI, making its FDs a very safe investment for amounts within the insurance limit.