Kotak Mahindra Bank Term Deposit

Want to register for Kotak Mahindra Bank Term Deposit?

Kotak Mahindra Bank Term Deposit

Make the most this festive season with our high interest rate bearing Term Deposits. What's more you can book your Term deposits from the convenience of your home with our online TD booking facility.
To know the latest TD Rates, Click Here

Key features of Kotak Term Deposit

Instant Liquidity - 24X7

Link your Term Deposit to your current / savings account and enjoy instant liquidity, 24X7. You can withdraw your fixed deposit using your cheque book, debit card or internet banking.

OD Against TD available

Avail 85% overdraft against your fixed deposit at an interest rate of 2% above your fixed deposit rate.

Kotak Tax Saving Term Deposit

Save tax along with great returns
Sr. No Particulars Regular (Rs.) Sr Citizen (Rs.)
A Tax Saving Term Deposit amount 10,000 10,000
B Immediate Tax saving (Tax-30.90%) 3,090 3,090
C Effective investment (A-B) 6,910 6,910
D Maturity amount after 5 Yrs 15,227 15,605
E Total Pre Tax Benefit (D-C) 8,317 8,695
F Rate of interest 8.50% 9.00%
G Effective Annualized Yield (5 Yrs) 16.63% 17.39%
*Considering the term deposit is utilised for claiming deduction u/s 80C by the investor falling in highest tax bracket.

Apply Now

If you are an existing customer of the Bank, log on to your Net Banking account
Alternatively, you may leave your details on the form provided herein on the Right hand side of the page

Kotak Mahindra Bank Term Deposit
Instant liquidity
OD against TD
Book an Online TD
To open a Term Deposit leave your details and we will get in touch with you
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If you hold a Kotak Bank Account, please fill in your CRN number: