Question 1

What are the highest interest rates for Kotak Bank in 2026?

Accepted Answer

As of November 2026, Kotak Bank offers up to 6.75% p.a. on Fixed Deposits and up to 2.50% p.a. on Savings Accounts based on the balance slabs maintained.

Question 2

Is Kotak Bank safe for depositing money?

Accepted Answer

Yes, Kotak Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.

Question 3

What is the minimum tenure and senior citizen benefit for Kotak Bank FDs?

Accepted Answer

The minimum tenure for a fixed deposit with Kotak Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.

Question 4

Are returns on Kotak Bank FDs and Savings Accounts taxable?

Accepted Answer

Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Maturity	USD
Deposit Amount	Under $500K	$500K+
1 to <2 years	3.65%BEST	3.65%BEST
2 to <3 years	3.55%	3.55%
3 to <4 years	3.30%	3.30%
4 to <5 years	3.20%	3.20%
5 years	3.00%	3.00%

TENURE	Interest Rate
365 days to <15 months	6.45%
15 to <18 months	6.45%
18 months to <2 years	6.55%
2 to <3 years	6.75%BEST
3 to <4 years	6.40%
4 to <5 years	6.40%
5 to 10 years	6.25%

Tenure of Deposit	Less than ₹3 Crore
Less than 181 Days	0.00%
181 Days to < 1 Year	0.50%
1 Year and Above	1.00%

Kotak Bank

Bank Overview

Financial Health Indicators(FY 2026)

Fixed Deposit (FD) Interest Rates

Savings Account Interest Rates

Foreign Currency Non-Resident (FCNR-B) Deposit Rates

NRI Fixed Deposit Rates (NRE & NRO)

Premature FD Withdrawal Penalty

Frequently Asked Questions

Kotak Bank FD Calculator