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Kotak Mahindra Bank cuts interest rates for Savings Accounts: Here are the new rates

Updated : May 25, 2020 11:25 AM IST

Interest rates on savings account for balance upto Rs 1 lakh have been cut by 25 bps to 3.5 percent from 3.75 percent earlier.
For balance above Rs 1 lakh, interest rate has been cut by 50 bps to 4 percent from 4.5 percent earlier.
Kotak Mahindra Bank cuts interest rates for Savings Accounts: Here are the new rates

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