Recurring Deposit - Watch Your Money Grow - Kotak Mahindra Bank
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors
Apply Now

Ready to take the next step?

icon

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.

Was this information helpful to you? Yes No

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.

Was this information helpful to you? Yes No

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.

Was this information helpful to you? Yes No

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.

Was this information helpful to you? Yes No

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.

Was this information helpful to you? Yes No

Related Articles

 

settling-into-your-first-job
4-reasons-why-you-should-consider-an-rd