The reaction between KI and [Fe(CN)₆]^3– ion, catalysed by hydrogen ions, was found to be catalysed further by PdCl₂. Separate reactions under similar conditions, studied in the absence as well as in the presence of PdCl₂ catalyst, were found to follow first order kinetics w.r. to [Fe(CN)₆]^3– and [H⁺], while the order was two w.r. to [I^–]. [Fe(CN)₆]^4– ions were found to have a negative effect while changes in ionic strength of the medium do not effect the reaction velocity. Reaction in the presence of PdCl₂ showed direct proportionality w.r. to [PdCl₂]. The rate and extent of the reaction, which takes place even at zero [PdCl₂] in the co-catalysed reaction, was calculated and was found to be in accordance with the rate values of the separately studied reaction at similar concentrations without adding PdCl₂.