Fixed Deposits of Kotak Bank have a higher interest rate compared to their saving deposits. Benefits of opening a FD account in Kotak Bank are: An overdraft 13 Mar 2017 The 6% interest paid by Kotak bank only applies on savings account having a However, if your account balance is below 1 lakh then interest rate offered is 5% An account-holder can earn interest at the rate of 6% per annum on the balance amount in his savings account. Types of Savings Accounts offered by Kotak Kotak Mahindra Bank saving accounts' interest rates range from 3 to 6%. Since interest rates are dependent on various factors, they are subject to change at any Kotak Mahindra Bank has launched a savings bank account for children between the age group of 0 and 18 years. This account is called Kotak Junior.
Instead of regular 3.5% p.a interest rate, you can now earn upto 6% p.a. interest rate with a Kotak Savings Account. Come, be a part of the Kotak family. Also, order
Savings Account - Open a savings account as per your needs to earn maximum benefits in addition to interest rates as high as 6%* with Kotak Bank. Click here to learn more about the varieties of savings account offered and to apply for it online. Kotak Mahindra Bank savings account interest rate is 5% p.a. if the balance in the account is up to Rs.1 lakh. For balances above Rs.1 lakh to Rs 1 crore then the rate of interest provided is 6.00% p.a.; for balances above Rs. 1 crore, the rate of interest is 5.50% per annum. Kotak Mahindra Bank Savings Account Interest Rate. Interest rates on savings bank deposits vary from bank to bank and also vary with type of account. Interest rates range from 3 to 6% per annum. Interest rates are subject to change by the bank at any time. Private sector lender, Kotak Mahindra Bank has cut interest rate on its savings account deposits up to Rs. 1 lakh by 5 basis points. For savings deposits up to Rs. 1 lakh, the rate of interest has been lowered to 4.50% from 5.00% earlier. While for above Rs. What are the interest rates offered for Kotak My Family Savings Account? You can get six percent interest annually on your account balance amount over INR 1 Lakh. If the balance is below INR 1 lakh, then you will earn an interest of five percent every year. How do you get started with a Kotak My Family Savings Account? Savings Account - Post Demonetisation, It is important for everyone to have a Savings Account. Click here to apply for savings account with 6% Interest Rate online at Kotak Bank! August 23, 2019, earn 6% p.a. interest on savings account balance over Rs. 1 lakh and up to Rs 50 lakhs. Earn 4% p.a. interest on savings account balance up to Rs. 1 lakh and 5.5% p.a. interest on savings account balance above Rs. 50 lakhs.
Savings Account - Post Demonetisation, It is important for everyone to have a Savings Account. Click here to apply for savings account with 6% Interest Rate online at Kotak Bank!
8 Mar 2019 Private-sector banks HDFC Bank, ICICI Bank and Kotak Mahindra Bank additionally also offer specially designed savings account for women Open Savings Account online with 6% interest rate at Kotak Bank. Choose from various types of savings account and enjoy a great banking experience with us. Fixed Rate: Upto 2.00%: Disclaimer: All Kotak Bank floating rate home loan/Loan against property/Working capital finance is benchmarked to K-MCLR-6M. Effective from 1st October, 2018.K-MCLR is 8.85% for 6 months.
Private sector lender, Kotak Mahindra Bank has cut interest rate on its savings account deposits up to Rs. 1 lakh by 5 basis points. For savings deposits up to Rs. 1 lakh, the rate of interest has been lowered to 4.50% from 5.00% earlier. While for above Rs.
Kotak Mahindra Bank FD Rates: Get updated 2019 Kotak Mahindra Bank FD Interest Rates for regular deposit & senior citizens in India. Check online Kotak Mahindra Bank Fixed Deposit Calculator to calculate maturity amount, tenure & interest earned on Kotak Mahindra Bank Fixed Deposits.
Kotak Mahindra Bank savings account interest rate is 5% p.a. if the balance in the account is up to Rs.1 lakh. For balances above Rs.1 lakh to Rs 1 crore then the rate of interest provided is 6.00% p.a.; for balances above Rs. 1 crore, the rate of interest is 5.50% per annum.
28 Jan 2020 Kotak Mahindra Bank's 811 Digital Bank account offers an attractive interest rate of 6% per annum. It is a zero balance account which does not 10 Apr 2019 Included in this account, Kotak Mahindra Bank gives benefits to its customers such as zero balance, virtual debit cards and no charges on NEFT 10 Oct 2019 Only a few players like Kotak Mahindra Bank, Yes Bank and RBL Bank opted to offer higher interest rates on savings accounts in order to woo 20 Oct 2019 Savings account rate Kotak Mahindra Bank has joined State Bank of India in cutting the interest rate on the savings account balance. With effect 8 Mar 2019 Private-sector banks HDFC Bank, ICICI Bank and Kotak Mahindra Bank additionally also offer specially designed savings account for women Open Savings Account online with 6% interest rate at Kotak Bank. Choose from various types of savings account and enjoy a great banking experience with us. Fixed Rate: Upto 2.00%: Disclaimer: All Kotak Bank floating rate home loan/Loan against property/Working capital finance is benchmarked to K-MCLR-6M. Effective from 1st October, 2018.K-MCLR is 8.85% for 6 months.