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A Recurring Deposit is a great way to save!

You can book a Recurring Deposit by following few simple steps:

1. On Mobile Banking

1) Go to Investment -> Fixed/Recurring Deposits

2) Open Fixed Deposit

2. On Net Banking

1) Go to Banking -> Deposits

2) Open A Fixed / Recurring Deposit

3) Select Recurring Deposit

Please Note:

1. Recurring Deposit can be opened for a minimum of Rs.100/- and for maximum of Rs.1,00,000/- in multiples of 100.

2. Minimum tenure for Recurring Deposit is 6 month and Maximum up to 120 month (10 years), in multiple of 3 months.

3. Interest on the Recurring Deposit is compounded at quarterly intervals, at the applicable rates.

4. Please click https://www.kotak.com/en/personal-banking/Deposits/Recurring-Deposits/interest.html?cid=answer&source=keya&medium=faq to check Recurring Deposit interest rates.

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How to open Recurring Deposit or RD?