Recurring Deposit - Online Recurring Deposit Features - Kotak Mahindra Bank

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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