1. Home
  2. / Dost and Dimes
  3. / Kotak active money - 7% good or not?

Kotak active money - 7% good or not?

Reply
118°
Deal Major
Budhe-Baba
Anyone who has personally used it?
Any disadvantages of this?

Screenshot20240808-080545

6 Comments  |  
5 Dimers
  • Sort By
Deal Cadet Deal Cadet
harish90
Link Copied

This is flexi fd only, its in other banks also
Laughter 1
Benevolent Benevolent
Gulag-Survivor
Link Copied

There is nothing new in that. That's just auto sweep or sweep-in facility and many banks offer that under various names. Premature withdrawal carries a penalty, not sure about other disadvantages.
Like 1
Wingman Wingman
rr134181534
Link Copied

Premature withdrawl does not carry penalty in most of the auto sweep/flexi FD.

Kotak offers 7% pa fd rate..they usually make FD for 180 days..
Fire 1
View 2 more replies
Deal Newbie Deal Newbie
skumar44
Link Copied

Yes this looks good because many banks have tedious process to break fixed deposits 
Laughter 1
replyuser
Click here to reply
Reply
Hottest Discussions
203° Personal loan vs Business loan
amanhere2011608
11
291° Current working sites for 5% CB on cashback CCs - A thread to discuss
S.Thawait
18
234° best fuel credit card/debit card
AzharKhan1
35
416° What's going on..?
chunnumunnuannu
41
168° Will you remain Single or get Married in 2025?
agarsh
17
View all
Hottest Deals
Pebble Arena 6 | Stereo Sound, Deep Bass with sub-woofer 60 W Bluetooth Soundbar (Multicolor, 2.1 Channel)
384° Pebble Arena 6 | Stereo Sound, Deep Bass with sub-woofer 60 W Bluetooth Soundbar (Multicolor, 2.1 Channel)
79% OFF
POCO X6 Neo 5G - 8GB RAM, 128GB Storage
390° POCO X6 Neo 5G - 8GB RAM, 128GB Storage
45% OFF
Koskii Shaadi Carnival - Upto 50% Off
311° Koskii Shaadi Carnival - Upto 50% Off
50% OFF
Zepto Cafe -Vietnamese cold coffee
261° Zepto Cafe -Vietnamese cold coffee
99% OFF
Earn 5X reward points up to 500 on mini spend worth 1000 using SBI debit card
642° Earn 5X reward points up to 500 on mini spend worth 1000 using SBI debit card
View all
Top News
Jio New Year Welcome Offer: ₹2025 Plan for 500GB 5G Data, ₹2150 Valueback Coupons, more!
355° Jio New Year Welcome Offer: ₹2025 Plan for 500GB 5G Data, ₹2150 Valueback Coupons, more!
Garena Free Fire MAX Redeem Codes for Today, 16 October 2024
13021° Garena Free Fire MAX Redeem Codes for Today, 16 October 2024
10 Netflix Free Alternatives Websites! Watch Netflix Series for Free (2024)
68503° 10 Netflix Free Alternatives Websites! Watch Netflix Series for Free (2024)
Free Fire Diwali Redeem Code 2024: Win 50X Diamonds, Diwali Rewards, Freebies!
9184° Free Fire Diwali Redeem Code 2024: Win 50X Diamonds, Diwali Rewards, Freebies!
Bad News: Amazon Prime Video Changes from 2025
272° Bad News: Amazon Prime Video Changes from 2025
View all