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Kotak Mahindra Bank provides the salary accounts that offer the perfect balance of benefits for the employees and organisation. The bank gives corporate salary accounts options loaded with a number of unique banking features and benefits such as minimum balance requirement, easy fund transfers, etc. In addition, the account holders also enjoy seamless and direct access to their salaries/money through multiple banking methods.
Kotak Mahindra Bank Salary Account Interest Rate
|Kotak Mahindra Bank Salary Account||Rate of Interest|
|Balance in excess of Rs. 1 Lakh||4.00% p.a.|
|Balance in excess of up to Rs. 1 Lakh||3.50%|
Note: The above-mentioned rates are effective from 25th May 2020. These interest rates are applicable for Resident Accounts only.