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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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View All

Tenure	Interest rates		1000		3000		5000		10,000
	Regular	Sr Citizen	Regular	Sr Citizen	Regular	Sr Citizen	Regular	Sr Citizen	Regular	Sr Citizen
6 Months	6.00%	6.50%	6,105	6,114	18,316	18,342	30,527	30,571	61,053	61,142
9 Months	6.00%	6.50%	9,227	9,246	27,681	27,738	46,134	46,230	92,269	92,460
12 Months	7.10%	7.60%	12,469	12,502	37,407	37,507	62,344	62,512	1,24,688	1,25,024
24 Months	7.15%	7.65%	25,860	25,996	77,581	77,988	1,29,302	1,29,980	2,58,603	2,59,960
36 Months	7.00%	7.60%	40,137	40,517	1,20,412	1,21,550	2,00,686	2,02,583	4,01,373	4,05,165
48 Months	7.00%	7.60%	55,484	56,187	1,66,451	1,68,561	2,77,418	2,80,935	5,54,837	5,61,870
60 Months	6.20%	6.70%	70,433	71,366	2,11,298	2,14,097	3,52,164	3,56,829	7,04,327	7,13,658
120 Months	6.20%	6.70%	1,66,234	1,70,855	4,98,703	5,12,564	8,31,172	8,54,273	16,62,344	17,08,546

Recurring Deposits

Watch your money grow

Ready to take the next step?

Frequently Asked Questions

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

What are eligibility criteria for Recurring Deposit?

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

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

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

Related Articles

Recurring Deposits

Watch your money grow

Ready to take the next step?

Frequently Asked Questions

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

What are eligibility criteria for Recurring Deposit?

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

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

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

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