Recurring Deposit (instalment) standing instruction will be debited on the same date every month. Recurring Deposit (instalment) standing instruction will be debited on the same date every month. 

You can book a Recurring Deposit by following few simple steps:  

1. On Mobile Banking  

Go to Banking -> Fixed/Recurring Deposits  
Open Fixed Deposit  

2. On Net Banking  

Go to Investment -> Deposits  
Open A Fixed / Recurring Deposit  
Select Recurring Deposit  


Please Note: 
 

1. Recurring Deposit can be opened for a minimum of Rs.100/- and for maximum of Rs.1,00,000/- in multiples of 100.  
2. Minimum tenure for Recurring Deposit is 6 month and Maximum up to 120 month (10 years), in multiple of 3 months.  
3. Interest on the Recurring Deposit is compounded at quarterly intervals, at the applicable rates.  

Please click https://www.kotak.com/en/personal-banking/Deposits/Recurring-Deposits.html?cid=answer&source=keya&medium=faq to explore Recurring Deposit.

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