Kotak mahindra bank: Kotak is an alert for Mahindra Bank customers. The bank has informed its customers that there will be no service of the bank on February 5 and 12. Kotak Bank said that to improve the service of the bank, there will be maintenance work, due to which the service of the bank will not be available. The bank has sent email to its customers about this.
Kotak Bank’s service will not be available on 5 and 12 February
The bank has said in email that we are updating our system to give you a better banking experience. Therefore, some service related to your Kotak Visa Debit Card and Spendz Card will not be available for some time periods. This problem will be on Wednesday 5 February 2025 and then on Wednesday 12 February 2025 from 1:00 am to 5:00 pm. During this time, customers will not be able to do in-store pos transactions, online payment and international ATM transactions. Kotak Mahindra Bank has advised its customers to complete their necessary transactions in advance so that they do not face any kind of trouble.
What is Spendz?
Kotak Spendz is a prepaid card service designed to manage small and daily expenses. This card helps users to track their expenses separately, making it easier to manage the budget better. Useless expenses can be avoided.
These are Kotak Bank’s new FD rates
7 days to 14 days – for general public: 2.75 percent; For Senior Citizen: 3.25 percent
15 days to 30 days – for general public: 3.00 percent; For Senior Citizen: 3.50 percent
31 days to 45 days – for general public: 3.25 percent; For Senior Citizen: 3.75 percent
46 days to 90 days – for general public: 3.50 percent; For Senior Citizen: 4.00 percent
91 days to 120 days – for general public: 4.00 percent; For Senior Citizen: 4.50 percent
121 days to 179 days – for general public: 4.25 percent; For Senior Citizen: 4.75 percent
180 days – for general public: 7 percent; For Senior Citizen: 7.50 percent
181 days to 269 days – for general public: 6 percent; For Senior Citizen: 6.50 percent
270 days – for general public: 6 percent; For Senior Citizen: 6.50 percent
271 days to 363 days – for general public: 6 percent; For Senior Citizen: 6.50 percent
364 days – for general public: 6.50 percent; For Senior Citizen: 7 percent
365 days to 389 days – for general public: 7.10 percent; For Senior Citizen: 7.60 percent
390 days (12 months 25 days) – for the general public: 7.40 percent; For Senior Citizen: 7.90 percent
391 days to 23 months – for the general public: 7.40 percent; For Senior Citizen: 7.90 percent
23 months – for the general public: 7.30 percent; For Senior Citizen: 7.85 percent
23 months 1 day to 2 years – for the general public: 7.30 percent; For Senior Citizen: 7.85 percent
Less than 2 years to 3 years – for the general public: 7.15 percent; For Senior Citizen: 7.60 percent
3 years and more but less than 4 years – for the general public: 7 percent; For Senior Citizen: 7.60 percent
4 years and more but less than 5 years – for the general public: 7 percent; For Senior Citizen: 7.60 percent
For the general public: 6.20 percent; For Senior Citizen: 6.70 percent.
Do not worry even if your income is 12.20 lakhs, you will get bigger from marginal relief