As of 5 Oct 2026, Kotak Mahindra Bank offers up to 6.65% p.a. on its recurring deposit (RD) (2 years- less than 3 years) for general customers and 7.15% p.a. (2 years- less than 3 years) for senior citizens. Rates below are as published by the bank — confirm with Kotak before investing.
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to | As of | Source |
|---|---|---|---|---|---|---|
365 Days to less than 15 Months |
6.35% | 6.85% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
15 Months - less than 18 Months |
6.45% | 6.95% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
18 months - less than 2 years |
6.55% | 7.05% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
2 years- less than 3 years |
6.65% | 7.15% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
3 years and above but less than 4 years |
6.40% | 6.90% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
4 years and above but less than 5 years |
6.40% | 6.90% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
|
5 years and above upto and inclusive of 10 years |
6.25% | 6.75% | Any amount | 23 Sept 2026 |
official fetched 19 Sept 2026 ✓ verified 5 Oct 2026 |
As of 5 Oct 2026, Kotak Mahindra Bank offers up to 6.65% p.a. on its recurring deposit (RD) (2 years- less than 3 years) for general customers and 7.15% p.a. (2 years- less than 3 years) for senior citizens. Rates below are as published by the bank — confirm with Kotak before investing.
Yes. Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Kotak Mahindra Bank, depending on the tenure.
Deposits with Kotak Mahindra Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 23 Sept 2026. Rates can change without notice, so verify on the official Kotak website before investing.
Deposits with Kotak Mahindra Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official Kotak website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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