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Kotak Mahindra BankFixed deposit

Kotak Mahindra Bank NRE Fixed Deposit

Kotak's NRE fixed deposit for repatriable overseas funds, using the bank's current Domestic/NRO/NRE callable rupee rate schedule.

First-party evidencePublished researchReviewed September 10, 2026Active
Current rate evidenceThe reviewed Domestic/NRO/NRE callable schedule effective 10 June 2026 peaks at 6.80% in the 2-year-to-under-3-year band below ₹3 crore; NRI deposits do not receive resident senior additions.
Currency / amount / tenureKotak’s current NRI deposits landing page and booking help state ₹50,000 minimum for NRE FD booking. NRE deposits must remain at least 1 year to earn interest.
Premature withdrawal / liquidityNo interest is payable if the NRE FD remains for less than one year. Premature withdrawal after the minimum period uses the current lower-of applicable/contracted rate methodology and penal charge.
Deposit-state / funding ruleNRE funding and account state control tax/repatriation treatment even when the bank shares one rupee rate table across Domestic/NRO/NRE.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

3 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

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.

01 · Current rate evidenceThe reviewed Domestic/NRO/NRE callable schedule effective 10 June 2026 peaks at 6.80% in the 2-year-to-under-3-year band below ₹3 crore; NRI deposits do not receive resident senior additions.
02 · Currency / amount / tenureKotak’s current NRI deposits landing page and booking help state ₹50,000 minimum for NRE FD booking. NRE deposits must remain at least 1 year to earn interest.
03 · Premature withdrawal / liquidityNo interest is payable if the NRE FD remains for less than one year. Premature withdrawal after the minimum period uses the current lower-of applicable/contracted rate methodology and penal charge.
04 · Deposit-state / funding ruleNRE funding and account state control tax/repatriation treatment even when the bank shares one rupee rate table across Domestic/NRO/NRE.
Exact product-type evidence

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.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
1 year6.35%
15 months6.45%
18 months6.55%
2 years6.80%
3 years6.40%
4 years6.40%
5 years6.25%

Rate basis: Kotak Domestic/NRO/NRE callable fixed-deposit schedule below ₹3 crore effective 10 June 2026; resident senior addition excluded. · Effective/reference date: June 10, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
Domestic/NRO/NRE callable schedule <₹3Cr effective 10 Jun 2026; reviewed NRI peak 6.80% in the 2y–<3y band.

Kotak Domestic/NRO/NRE callable fixed-deposit schedule below ₹3 crore effective 10 June 2026; resident senior addition excluded.

Maintained terms

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.

Current rate evidenceThe reviewed Domestic/NRO/NRE callable schedule effective 10 June 2026 peaks at 6.80% in the 2-year-to-under-3-year band below ₹3 crore; NRI deposits do not receive resident senior additions.
Currency / amount / tenureKotak’s current NRI deposits landing page and booking help state ₹50,000 minimum for NRE FD booking. NRE deposits must remain at least 1 year to earn interest.
Tax / repatriation / payoutFully and freely repatriable principal and interest, auto-renewal and digital booking for eligible Kotak NRI relationships.
Premature withdrawal / liquidityNo interest is payable if the NRE FD remains for less than one year. Premature withdrawal after the minimum period uses the current lower-of applicable/contracted rate methodology and penal charge.
NRI / PIO / OCI eligibilityEligible NRI/PIO customers under Kotak NRE/KYC rules.
Deposit-state / funding ruleNRE funding and account state control tax/repatriation treatment even when the bank shares one rupee rate table across Domestic/NRO/NRE.
Fit & cautions

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.

Potential fit

Kotak NRI customers who want a rupee term deposit with full NRE principal/interest repatriability and Indian tax-exempt interest.

Verify before relying
  • Do not apply resident senior-citizen additions to NRE deposits.
  • The current NRI booking pages state ₹50,000 minimum; older/generic Kotak FAQ content can show lower generic FD minimums, so live NRI booking terms control.
  • INR conversion creates currency exposure relative to foreign earnings.
Maintained comparisons

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.

First-party source ledger

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.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.