Is it mandatory to have a savings account with the bank in order to open a Recurring Deposit

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Yes, a Savings Account is a mandatory requirement to open a Recurring Deposit with Kotak.

If you do not have account with us, why don't you open a Savings account with us.

Please click https://www.kotak.com/en/personal-banking/accounts/savings-account.html?cid=answer&source=keya&medium=faq to view and open savings account, post that you can open a Recurring Deposit as well.

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

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Is it mandatory to have a savings account with the bank in order to open a Recurring Deposit?