Kotak Fixed Deposit Rates
- Kotak Mahindra Fixed Deposit Rates
- Fixed Deposit Rates Singapore
- Kotak Mahindra Bank Fixed Deposit Rates
Kotak Mahindra Fixed Deposit Rates
- Jan 28, 2021 Fixed Deposit Interest Rates in India - Important Terms Timely Closure: It refers to the closure of your FD account at the time it matures. When you close your fixed deposit account on its maturity date, the bank pays you back the principal amount with the interest that you have accumulated during the term chosen.
- Jan 12, 2021 Deposit amount: Banks provide a comparatively lower rate of interest on bulk deposits exceeding Rs. Crore and higher rates on deposits less than 1 crore. DHFL Bank is one of the highest interest offering banks and provides an interest rate of up to 9.25% for fixed deposits.
| Deposit : Interest Rates | ||||||
INTEREST RATES FOR DOMESTIC / NRO / NRE FIXED DEPOSITS - PREMATURE WITHDRAWAL ALLOWED | ||||||
| #Simple interest rate *Senior Citizens' rate is not applicable on NRO/NRE deposits - No interest will be payable for NRE TDs staying less than 1 year. - For Fixed Deposits with tenure below 181 days, interest will be calculated at maturity as Simple Interest. - Standalone Fixed Deposits of tenure 181 days and above linked to saving / current account will be treated as per the regular sweep deposit functionality and penal charge will be applicable as above. - For ActivMoney (2 way sweep deposits) Regular Fixed Deposit rates will be applicable for all customers including Senior Citizen's / Bank Staff - Acceptance of deposits of Rs. 5 cr. and above is at the discretion of the Bank. - Interest on Fixed Deposit can be paid for a period of less than a quarter (monthly interest payout) at the discounted interest rates as per RBI directives - Above rates are applicable for mentioned dates only and are subject to change without prior notice - The calculation of interest is basis 365 days in a year for deposits booked in a non-leap year and 366 days in a year for fixed deposits booked in a leap (calendar) year. | ||||||
INTEREST RATES FOR DOMESTIC / NRO / NRE FIXED DEPOSITS - PREMATURE WITHDRAWAL NOT ALLOWED | ||||||
| #Simple interest rate - Premature withdrawal of this deposit is not allowed till maturity. - No interest will be payable for NRE TDs staying less than 1 year. - For Fixed Deposits with tenure below 181 days, interest will be calculated at maturity as Simple Interest. - ActivMoney/ Sweep in Facility is not available on this deposit - Auto Renew option is not available. - Acceptance of deposits of Rs. 5 cr. and above is at the discretion of the Bank - Monthly Interest Payout option is not available. - Above rates are applicable for mentioned dates only and are subject to change without prior notice - Bank will not extend any kind of facility including OD against Fixed Deposits booked under No Premature Withdrawal scheme; - Bank will not book Fixed Deposits in respect of funds lying in Escrow account / arrangement - The calculation of interest is basis 365 days in a year for deposits booked in a non-leap year and 366 days in a year for fixed deposits booked in a leap (calendar) year. | ||||||
| Important: Penal Charge on Pre-mature withdrawal of Fixed Deposits (Domestic / NRO / NRE) Interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit or the withdrawn amount remained with the bank or at the contracted rate, whichever is lower after deducting applicable penal charge for premature withdrawal as per Terms & Conditions of the bank. As per Terms & Conditions of Fixed Deposit Accounts of the Bank, the penal charge on premature closure of fixed deposits including partial closure has been fixed by the bank as below on fixed deposits booked/ renewed on or after1st November, 2012.
In addition to the above, no interest will be paid on the principal amount withdrawn from NRE fixed deposits before completion of one year. |
Fixed Deposit Rates Singapore
Kotak Mahindra Bank Fixed Deposit Rates
Fixed Deposit - Get fixed deposits with high interest rates at Kotak Mahindra Bank to earn good returns on your investment. Click here to know more about the fixed deposit interest rates so that you can pick wisely the fixed deposit that best suits your needs. New Fixed Deposit Rates from ICICI Bank. The fixed deposit interest rates of ICICI Bank have been revised. The private sector lender offers fixed deposits with maturity periods ranging from 7 days to 10 years. Senior citizens will continue to get 50 bps higher interest rates than others. The last revision was done by the bank on 20 September 2019. The Kotak Mahindra Bank FD calculator not only helps you identify the maturity amount but also shows you the interest earned on your deposit. How does the Fixed Deposit Calculator work? The FD Calculator is an easy-to-use tool for calculating how much rate of interest you can earn by investing in a Fixed Deposit for a specific span of time.