Now the private bank is giving the highest interest on FD of less than 23 months, 1 day-2 years. The rates are 7.25%.
Bank FD Rates: The country’s third largest private sector bank has increased the FD interest rates (Fixed Deposit Interest Rate). Customers will get more returns than before. New rates have come into effect. Here we are talking about Kotak Mahindra Bank. The bank is offering interest ranging from 2.75% to 7.25% to customers on FD of 7 days to 10 years. It is offering 0.5% interest rate to senior citizens as compared to normal citizens. Rates range from 3.25% to 7.75%.
Highest interest being received on FD for so many days
The bank is giving the highest interest on FD of less than 23 months, 1 day-2 years. The rates are 7.25%. 7.20% interest is available on FD of less than 391 days-23 months. 7.10% interest on deposits of 2 years and less than 3 years, 6.50% on tenure of 3 years and less than 4, 6.25% on tenure of 4 years and less than 5 years and 6.20% on FDs of 5 years to 10 years. Used to be. At the same time, interest is available on FD of 390 days, 7.10%, on FD of 365 days to 389 days, 7.15% on deposits of 390 days and 7.20% on FD of 391 days.
Interest rate for FD of less than one year
Kotak Mahindra Bank is offering 6.50% interest on FD for 364 days, 6% for 271 days to 363 days and 6% for 270 days. 6% on FD of 181-269 days, 7% on 180 days’ tenure, 4.25% on 121-179 days’ tenure, 4% on 91-120 days’ tenure, 3.50% on 46-90 days’ FD, 31- 3.25% interest is available on 45 day fixed deposit, 3% interest on 15-30 day FD and 2.75% interest on 7-14 day deposit.
