Kotak Savings Account Rates: up to 2.50%

Kotak's best Savings Account rate is 2.50% (All balances), 2.50 points below the best on the market (5.00%).

Tenure	General	Senior	Applies to	Effective On	Source
Any tenure	2.50%	2.50%	All balances	23 Sept 2026	official fetched 20 Sept 2026 ✓ verified 19 Oct 2026

Higher Savings Account rates than Kotak

8 nationwide banks pay more. Top picks:

Private Highest Bandhan 4.85% +2.35% vs Kotak Payments Bank Fino 4.50% +2.00% vs Kotak Small Finance Jana 4.50% +2.00% vs Kotak

See every higher rate →

Kotak Savings rate changes

Changes to Kotak's savings account rates that RateScan.in has recorded since it started tracking them on 20 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to Kotak's savings account rates has been recorded since tracking started on 20 Sept 2026.

Kotak Savings: frequently asked questions

What is the highest Kotak Savings interest rate?

As of 19 Oct 2026, Kotak Mahindra Bank offers up to 2.50% p.a. on its savings account (All balances) for general customers. Rates below are as published by the bank — confirm with Kotak before investing.

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When did Kotak last change its Savings rates?

RateScan.in has recorded no change to Kotak Mahindra Bank's savings account rates since it started tracking them on 20 Sept 2026.

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Is my savings account with Kotak insured?

Deposits with Kotak Mahindra Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Kotak rates?

RateScan.in refreshed this dataset on 19 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.

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More Kotak rates

Kotak overview Kotak Fixed Deposit rates Kotak Recurring Deposit rates Kotak NRE FD rates Kotak FCNR(B) rates

Savings rates at other banks

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Good to know

Deposits with Kotak Mahindra Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
Kotak is a private sector bank regulated by the RBI.
Senior citizens (60+) earn up to 0.50% p.a. more than general customers at Kotak, depending on the tenure.
Kotak's FD table includes 2 special schemes; check eligibility and end dates.

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.

Kotak Mahindra Bank Savings Account interest rates · October 2026