Disclaimer :
*The amount mentioned in the calculator is an indicative figure. Please refer the FD/ RD advice to get the exact maturity amount
We, at Kotak, aim to provide you with a clear picture of what your fixed deposits can yield for you in the long run, thereby leading you to earn more on your investment. The Kotak Mahindra Bank FD calculator not only helps you identify the maturity amount but also shows you the interest earned on your deposit.
How does the Fixed Deposit Calculator work?
The FD Calculator is an easy-to-use tool for calculating how much rate of interest you can earn by investing in a Fixed Deposit for a specific span of time. It just takes filling in the required fields.
- Type of Interest payment on Fixed Deposit of your choice - choose one from the following, as per your suitability:
- Cumulativeis what you should go for in case you prioritize more returns on FD over a regular interest payout
- If opting for Quarterly Payout, you receive the sum of interest at the end of a quarter (3 months)
- Monthly Payout pays you the sum of interest at the end of every month
- Short Term Fixed Deposit is suitable for you if you are looking forward to invest your money for any period from 7 days to 180 days.
- Amount that you wish to put as one time investment – you can invest any amount of 5,000 INR and above
- Date – when you would like to sign up for your investment in Fixed Deposit
- Tenure – the duration you would like to invest the amount for; followed by a single tap, to let us cater to your expectations with the exact maturity value, rate of interest, aggregate interest amount and date of maturity right at your fingertips
Why should you invest in Kotak Mahindra Bank Fixed Deposits?
The Kotak Mahindra Bank FDs offer you a triple benefits advantage, which includes,
- Safety of investments
- Tax-savings under section 80C of upto Rs. 1.5 lakh per financial year
- Attractive FD interest rates
So if you are an existing Savings or Current account customer with the Bank, log on to your Netbanking or Mobile Banking and avail a fixed deposit for an amount and tenor of your choice.
Invest in Kotak Mahindra Bank Fixed Deposits and earn assured returns!