Kotak Mahindra Bank FCNR(B) Deposit
Kotak's FCNR(B) deposit holds NRI funds in five foreign currencies, with a current 1 September 2026 currency-by-tenure rate table and full repatriability.
Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.
Recorded source review date, not a claim that the product changed that day.
Target recheck: October 10, 2026.
Rate, tenure, liquidity and booking conditions belong together.
A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.
Fixed deposit evidence stays in its own structure.
Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.
Keep currency and tenure attached to every FCNR(B) rate.
These are nominal annual rates from the reviewed first-party schedule. A blank means the bank did not quote that currency for that tenure; no rate is inferred.
| Tenure | USD | GBP | EUR | AUD | SGD |
|---|---|---|---|---|---|
| 1 year to <2 years | 4.00% | 4.00% | 2.55% | 4.35% | 1.25% |
| 2 years to <3 years | 3.70% | 3.75% | 1.90% | 4.15% | 1.10% |
| 3 years to <4 years | 3.40% | 3.50% | 1.90% | 3.80% | — |
| 4 years to <5 years | 3.20% | — | — | — | — |
| 5 years only | 3.00% | — | — | — | — |
Rate basis: Kotak FCNR(B) currency schedule effective 1 September 2026; USD values stored from the <0.5 million band and foreign-currency rates kept outside INR finder. · Effective/reference date: September 1, 2026
Dated deposit-rate snapshots.
Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.
Kotak FCNR(B) currency schedule effective 1 September 2026; USD values stored from the <0.5 million band and foreign-currency rates kept outside INR finder.
Fees, balances, benefits, limits and eligibility without a single-score shortcut.
These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.
Who this record appears designed for—and what can break the fit.
Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.
Kotak NRI customers who want to retain foreign currency and can choose among USD, GBP, EUR, AUD and SGD term-deposit tenures.
- The USD table has separate amount bands even where the displayed rates currently match; keep the amount basis attached.
- Some longer-tenure non-USD currencies show “No Quote” and should not be inferred.
- Do not rank the FCNR percentage against INR deposits without accounting for currency.
Compare this product only where the pair is deliberately maintained.
Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.
Complete evidence set for this maintained profile.
Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.
When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.
This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.