Steps in opening an online Term Deposit Account
1. Fill in the application form
2. Choose the documents you would like to submit as Identity, Signature and Address proof.
3. Choose whether you would like to submit the application form at the Kotak Bank branch or you would like an executive to visit you.
4. A print version of this form can be submitted at any Kotak Bank branch.
5. Documents to be submitted along with the application form (for all applicants)
  • Photocopy of PAN Card (If you do not have a PAN, submit form 60).
  • Recent photograph of all applicants.
  • Documents for Identity, Signature and Address proof.
  • Self signed cheque for placing the term deposit.* (3rd party cheque would not be acceptable).

6. All applicants need to come in person, if you choose to submit this form to Kotak Bank branch.

* No Cheque will be required if the application amount has been transferred through NEFT.

 
Terms and Conditions
1. Term Deposit can be opened for a period of 15 Days to 10 Years (7 Days to 10 Yrs for Rs.15 Lacs and above & 7 Days to 7 Yrs for Rs. 1 Crore and above).
2. The Term Deposit is subject to realization of the cheque.
3. The Term Deposit will be booked with a value date of clear funds (RBI credit date) with the Bank on prevailing rate for the day.
4. This application is available for TD booking by Resident Indian Individuals only. For NRE / NRO TD, please fill the applicable form in the NRI Services section.
5. In case the documents submitted along with the application do not comply with the KYC guidelines of the bank, the application is liable to be rejected and the bank will not be liable to pay any interest on the amount of deposit.

 

 

Apply Now