Recurring Deposit - Online Recurring Deposit Calculator

Q: 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.

Q: 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.

Q: 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.

Q: 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.

Q: 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.

Apply Now

Recurring Deposit Calculator

Find out how much you can earn and save by making monthly deposits in our Recurring Deposits.

Type of Customer

Normal Senior Citizen

At an interest rate of (%)

7.25%

My Regular Monthly Deposit is

INR

Savings Term

Months

Maturity value is

Maturity Date:

Apply Now

Important Information

Minimum Tenure of Recurring Deposit will be 6 months and in multiples of 3 months up to a maximum of 10 year
Interest Rates are subject to change from time to time . The rates shown above are those applicable for Resident Fixed Deposits for value <1Cr
TDS will be applicable on the interest earned at prevailing rate
Maximum Value of RD per month for tenor greater than 36 months is restricted to Rs.25,000/- For Tenor up to 36 months the Maximum RD value per month is restricted to Rs.1,00,000/-