Kotak Mahindra Bank has updated its fixed deposit interest rates in 2026, offering competitive returns for both regular investors and senior citizens across multiple investment tenures
Overview of Kotak Mahindra Bank Fixed Deposits
Fixed deposits offered by Kotak Mahindra Bank are popular among investors who want secure and predictable returns. These deposits allow customers to invest a lump sum amount for a fixed tenure while earning a predetermined interest rate.
In 2026, the bank continues to offer a wide range of FD tenures starting from short-term deposits of a few days to long-term options lasting up to ten years. Interest rates vary depending on the investment period and investor category.
Latest FD Interest Rates in 2026
The revised FD rates apply to deposits below ₹3 crore and vary by tenure. Senior citizens typically receive an additional interest benefit compared with regular investors.
| Tenure | Regular Investors | Senior Citizens |
|---|---|---|
| 7 – 14 Days | 2.75% | 3.25% |
| 180 Days | 5.50% | 6.00% |
| 365 Days | 6.00% | 6.50% |
| 15 Months – Less Than 18 Months | 6.70% | 7.20% |
| 2 Years – Less Than 3 Years | 6.70% | 7.20% |
| 5 Years – 10 Years | 6.25% | 6.75% |
The highest interest rate available for regular customers is around 6.70%, while senior citizens can earn up to about 7.20% on select tenures.
Tenures Offering the Highest Returns
The most competitive returns are typically offered on mid-term deposits ranging from 15 months to less than three years. These tenures provide some of the highest interest rates available in the bank’s FD portfolio.
Investors seeking stable returns without committing funds for very long periods often choose these medium-term deposits.
Eligibility for Opening a Kotak Bank FD
Most resident individuals in India can open a fixed deposit with the bank. Accounts can be opened in a single name or jointly with another person.
Senior citizens receive an additional interest rate benefit, generally around 0.5% higher than regular customers, which increases their overall returns.
Investors must complete standard KYC verification before opening an FD account.
Benefits of Investing in Kotak Bank Fixed Deposits
One of the main advantages of fixed deposits is capital protection. Because the interest rate is fixed at the time of deposit, investors know exactly how much they will earn at maturity.
Another benefit is flexibility in tenure. Investors can choose short-term deposits for liquidity or longer tenures for stable savings.
Senior citizens particularly benefit from the higher interest rates offered on many deposit periods.
Important Factors Investors Should Consider
Before investing, individuals should review factors such as premature withdrawal rules, interest payout options, and tax treatment.
Interest earned from fixed deposits is usually taxable according to the investor’s income tax bracket. Therefore, investors should consider the post-tax return when planning their investments.
It is also useful to compare rates with other banks to ensure the chosen deposit offers competitive returns.
Conclusion
Kotak Mahindra Bank’s revised FD rates in 2026 continue to provide attractive options for conservative investors seeking secure returns. With interest rates reaching around 7.20% for senior citizens on select tenures, the bank offers a balance between stability and reasonable earnings.
By carefully selecting the right tenure and investment amount, investors can use fixed deposits as a reliable component of their savings strategy.
Disclaimer: This article is for informational purposes only. Fixed deposit interest rates, eligibility rules, and investment conditions may change depending on bank policies and regulatory updates. Investors should confirm the latest details with the bank before making any financial decisions.