Kotak Mahindra Bank Intrest rate revised to 4.5% p.a

Kotak Mahindra Bank intrest rate revised to 4 5% per annum.
6% interest p.a. for balances up to 
1 cr. Interest rate on daily balances up to 1 Lakh in Savings Accounts stands revised at 4.5% p.a. Interest rate on daily balances above 
1 Cr will continue to earn interest at 5.5% p.a.