Recurring Deposit - Online Recurring Deposit Features - Kotak Mahindra Bank

Recurring Deposit - Online Recurring Deposit Features - Kotak Mahindra Bank

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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

What are the minimum and maximum tenures to open a bank RD?

The minimum and maximum duration to open a bank RD is 6 months and 120 months, respectively.

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What are eligibility criteria for Recurring Deposit?

Any residing Indian, including minors and HUF, can open a recurring deposit account with Kotak. However, it is mandatory to have a savings account with us.

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What are the documents required to open a Recurring Deposit Account?

To open a recurring deposit account with Kotak, first, you need to have a savings account from where the monthly payment will be deducted.

You need not submit additional documents to open an RD if you have a savings account with us.

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What is the minimum amount required for opening a Recurring Deposit Account?

The minimum amount required to open a recurring deposit account with Kotak Mahindra is Rs. 100 per month for a tenure of up to 10 years.

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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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