Sad News Kotak Mahindra Bank reduced interest rates, above 1 lakh was 5% and upto 1 lakh was 4%

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Rakesh M U

Rakesh M U

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W.e.f. April 20, 2020, interest rates on daily balances in Savings Account stands revised as follows: Daily balances above ₹1 lakh will earn 4.5% interest p.a. and daily balances up to ₹1 lakh will earn 3.75% interest p.a.
 

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Sad News Kotak Mahindra Bank reduces interest on balance above 1 Lakh to 5% which was 6% earlier
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