Recurring Deposit - Online Recurring Deposit Features - Kotak Mahindra Bank

Recurring Deposit - Online Recurring Deposit Features - Kotak Mahindra Bank

Recurring Deposit - Kotak Mahindra Bank

Recurring Deposits

The Kotak Recurring Deposit is designed for you to achieve your goals on your own terms. This deposit gives you the freedom to choose a Term & Amount you wish to invest every month and earn Guaranteed Return at applicable interest rate. Make the smart choice and maximize your returns from your savings now.

Save a significant amount by making
smaller investments every month

Enjoy easy payment options
from your Savings Account

Recurring Deposit helps you fulfil
your child’s educational dreams

Recurring Deposit helps in
home improvement/purchase

Recurring Deposit helps to
Save for Annual payment towards
Insurance Premium/ Taxation

Frequently Asked Questions

Where can I find the option to regularize RD on Net banking?

RD Regularize option is available under the Service Request tab on net banking.

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How can I regularize the RD?

You can regularize the RD online through Kotak Net Banking or by visiting nearest Kotak Mahindra bank branch.

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Is there any option for customer to select SI date for the period?

No, the SI will hit the account every month on the date of 1st installment debit.

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If Recurring Deposit is booked today, when will the next SI hit the account?

SI will hit the same date every month.

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Is PAN mandatory to book Recurring Deposit?

Yes, PAN is mandatory to book RD, else TDS will apply as per IT Rules.

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