Kotak Bank Fixed Deposit Rates
- Kotak Bank Fixed Deposit Rates Mortgage
- Kotak Fd Rate
- Kotak Bank Fixed Deposit Rates Interest Rate
- Which Bank Gives Best Fd Interest Rate
Kotak Mahindra Bank has updated fixed deposit interest rates. After the recent modification on maturities with different tenures, Kotak Mahindra Bank FD interest rates span from 2.50 percent to 5. Kotak mahindra bank fd rates 2021: kotak mahindra bank revises fixed deposit rates, check latest rates here More on this topic নতুন বছরে FD-তে সুদের হার বদল করল এই ব্যাঙ্ক, রইল সব আপডেট.
Note: Interest rates are subject to periodic changes. The applicable interest rates will be offered based on the date and time of receipt of the funds by the bank.
* Recurring Deposit Advice will be dispatched to your registered mailing address with the bank within 3 - 4 working days of opening the RD account
Penalty on delay in payment of RD installment
- In case of delay in payment of any installment post grace period of 5 days, penal interest at the rate of RD interest rate (contracted rate of interest at the time of booking of the RD) + 2% p.a. or such other rate as may be specified by Bank from time to time, will be charged for the month of delay.
- Fraction of a month will be treated as full month for the purpose of calculating such interest.
- Even if the payment for the month is honoured, but the standing instruction towards installment recovery has failed, the Bank will recover a standing instruction failure charge from the current / savings bank account as per General Features and Schedule of Charges (GFSC)
- The total penal interest chargeable shall be recovered from the total amount of interest payable by the bank and shall be recovered only at the time of maturity or premature closure of the account as the case may be.
Premature Withdrawal of RD
Kotak Bank Fixed Deposit Rates Mortgage
- In case of premature closure of this deposit within a month, no interest shall be paid and only principal amount will be returned.
- On premature withdrawal of RD. The interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit remained with the bank or at the contracted rate, whichever is lower post deducting penal charge of 0.5% on premature withdrawal of deposit
Find Kotak Mahindra Bank NRE FD Interest Rates (as on 06 Mar 2021). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks.
Kotak Mahindra Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years. Find Kotak Mahindra Bank FD interest for NRO customer from below list.
Kotak Fd Rate
Kotak Mahindra Bank provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get Kotak Mahindra Bank IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.