This Private Sector Bank Revises Interest Rates On FD: Latest Rates Here

Kotak Mahindra Bank offers a fixed-term deposit scheme where depositors can make a fixed amount of deposit for a fixed duration ranging from 7 days to 10 years and earn excellent returns in the form of interest rates on their deposits. Along with the attractive and guaranteed interest rates, the bank also allows you to open a fixed deposit account with a minimum deposit of Rs 5000, a monthly, quarterly, or on maturity interest payout option, an overdraft facility against fixed deposit, a premature withdrawal option, an online application procedure, and much more. The bank has modified its fixed deposit interest rates yesterday, hence investors should be aware of the most recent relevant interest rates in effect as of October 13th, 2021, before placing their deposits.