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Kotak Mahindra Bank Fixed Deposit in Bhubaneswar

Kotak Mahindra Bank Fixed Deposit in Bhubaneswar

Last Updated : April 20, 2017, 6:57 p.m.

About Kotak Mahindra Bank Fixed Deposit in Bhubaneswar

Fixed Deposit is a type of investment in which the deposit of a certain amount is to be made for a fixed period time. The deposited amount yields the interest at a rate determined by the bank. This rate remains same throughout the tenure. Kotak Mahindra Bank pays interest at an attractive rate of interest, details of which are mentioned below:

Kotak Mahindra Bank Fixed Deposit in Bhubaneswar at a Glance

ParticularsDetails
Interest Rate2.50% - 4.90%
Minimum Investment AmountFor existing customers - ₹ 10,000
For new customers - ₹ 25,000
Tenure7 days to 10 years

Eligibility Criteria

Fixed deposits can be booked by anyone and everyone. However, the benefit of Kotak Mahindra Bank fixed deposits can be availed by the following:

  • An individual either solely or jointly
  • A minor jointly with a major
  • HUF
  • Private Traders
  • Professionals
  • Partnerships Firms
  • Companies
  • Clubs
  • Societies & Corporates

Documentation Required

In order to book a fixed deposit, the candidate needs to submit the following documents:

  • Proof of Identity – Passport, Voter ID card, Driving license, PAN card, Government department ID card
  • Proof of Residence – Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement

For more information, search Fixed Deposit Bhubaneswar

Address of Kotak Mahindra Bank Branches in Bhubaneswar

The complete address, IFSC Code, MICR Code and customer care details of Kotak Mahindra Bank branches located in Bhubaneswar is mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Bhubaneswar
N5/32, IRC Village,Near Indra Dhanu Market, Bhubaneswar, Pin Code - 751 015, Bhubaneswar - 751015, OdishaKKBK0007241NON-MICR
18602662666

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