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Now is your chance to earn more interest! Know where and how you are getting this return

New Delhi. Kotak Mahindra Bank has once again revised the interest rates of fixed deposits (Kotak Mahindra Bank Fd rates). According to the bank’s official website, the new rates are applicable for deposits of less than ₹2 crore from today, November 30. After the revision, the bank is now offering an interest rate of 2.75% to 6.20% for general public and 3.25% to 6.70% for senior citizens. The bank is offering FDs with maturities ranging from 7 days to 10 years.

Apart from this, the maximum interest on FDs of 23 months to less than 2 years is now 6.50% for general public and 7.00% for senior citizens.

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Kotak Mahindra Bank FD Rates
The bank is offering an interest rate of 2.75% on FDs maturing in the next 7 to 14 days, the bank is offering an interest rate of 3.00% on FDs maturing in the next 15 to 30 days. For FDs maturing between 31 to 45 days and between 46 to 90 days, Kotak Mahindra Bank is offering an interest rate of 3.25% and 3.50% respectively. Deposits maturing between 91 and 120 days will fetch an interest rate of 4.00%, while deposits maturing between 121 and 179 days will fetch an interest rate of 4.25%.

The bank is offering an interest rate of 5.50% on FDs maturing in 180 days to 270 days. Offering a rate of 5.75% on FDs maturing in 271 days to 363 days. For FDs maturing in 364 days, Kotak Mahindra Bank is offering an interest rate of 6.00%. For those maturing in 365 days to 389 days, the bank is offering an interest rate of 6.25%. Deposits maturing in 390 days to less than 23 months earn 6.40% interest. Matures in 23 months to less than 2 years, earns 6.50% interest.

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The bank is offering an interest rate of 6.40% on FDs maturing in 2 years. Kotak Mahindra Bank is offering an interest rate of 6.30% on FDs maturing in 3 years or more but less than 4 years. Deposits maturing in 4 years or more but less than 5 years as well as deposits maturing in 5 years or more than 10 years will now fetch interest at the rate of 6.25% and 6.20% respectively.

Tags: Bank FD, FD Rates, Fixed deposits, Kotak Mahindra Bank

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