Private sector Kotak Mahindra Bank has changed the interest rates on fixed deposits (FD). The new interest rates have come into effect from January 14, 2026. Ordinary citizens are getting interest ranging from 2.75% to 6.70%. These interest rates are applicable on investments less than Rs 3 crore. The bank is offering returns ranging from 3.25% to 7.20% to senior citizens.

official website According to this, the highest interest is available on two different tenures ranging from 15 months to less than 2 years. If a person invests for a tenure of 271 days or more, he is going to get 6% or more interest. The bank is offering 6% return on 364 days tenure. Senior citizens are getting 6.50% interest. The bank is offering 6.50% interest on investments between 2 years to less than 3 years. 91 day investment is giving 4.75% return and 180 day FD is getting 5.50% return.

The bank is offering 50 bps more interest on all tenures to senior citizens. Interest rates change from time to time. Therefore, before investing, it is advised to visit the official website of the bank or the nearest branches.

Interest rates according to tenure

• 7 to 14 days – 2.75%
• 15 to 30 days- 2.75%
• 31 to 45 days- 3%
• 46 to 90 days- 3.50%
• 91 days- 4.75%
• 92 days to 179 days – 4.25%
• 180 days- 5.50%
• 181 days to 269 days – 5.50%
• 270 days- 5.50%
• From 271 days to 363 days – 6%
• 364 days- 6%
• 365 days to less than 15 months – 6.50%
• From 15 months to less than 18 months – 6.70%
• 18 months to less than 2 years – 6.70%
• From 2 years to less than 3 years – 6.50%
• From 3 years to less than 4 years – 6.40%
• From 4 years to less than 5 years – 6.40%
• From 5 years to 10 years – 6.25%

Changes in recurring deposit interest rates also

Kotak Mahindra Bank has also changed the interest rates on recurring deposits, which have become effective from January 14, 2026. The bank is offering interest rates ranging from 5.50% to 6.70% on tenures ranging from 6 months to 10 years. Senior citizens are getting returns ranging from 6% to 7.20%. Ordinary citizens will get 6.25 percent return on RD for 5 years to 10 years. Whereas the interest rate for senior citizens is 6.75%. The bank is offering 6.40% return for investment from 3 years to less than 5 years. Investors can earn 6.50% interest on investments ranging from 24 months to 33 months. Whereas the interest rate for senior citizens is 7%.