Hi there. I have an RD account at Kotak Mahindra Bank. So, I’ll be able to share how to pay RD in Kotak Mahindra Bank. The bank has set up an automatic debit process. The monthly payments for your recurring deposit are debited automatically from the linked account. All you need to do is to maintain sufficient funds in the account. The system checks for 3 continuous days to ensure you have enough funds. However, if you don’t have enough funds in the account on the date of debit, the instalment will be missed.
NoBroker InstaCash Loan
Get upto Rs. 10 Lakhs Instantly in your Bank Account with hassle free auto repayment.
Instant approval and disbursement
Interest rate starting 12.99%
How to Pay for a Missed RD at Kotak Bank?
If you miss paying the instalment because of insufficient funds, you can pay it through net banking. Here is the method you can follow:
Login into Kotak Mahindra Bank's net banking using your credentials. You can do so through their app or website.
Then, go to the Investment section. Click on Deposits and choose the Regularise RD option.
In case the method doesn’t work out, I recommend you contact the 24x7 helpline number 1860 266 2666 and ask for help. This is how to pay RD installment in Kotak bank. I hope it helps.
Get an Instant Personal Loan Disbursal Via NB InstaCash! Some related information:How Recurring Deposit Works?
Your Feedback Matters! How was this Answer?
NoBroker Cash Loans
✔
Max Funding✔
Lowest Interest Rates✔
Quick Sanction✔
Doorstep Assistance✔
No Hidden Charges
Get Cash Loan
Apply Now
Know your Borrowing Capacity
Check Eligibility
Compare Loans
Calculate Your EMI Now
How to Pay RD in Kotak Mahindra Bank?
trisha
2k Views
1
6 months
2024-10-25T11:45:29+00:00 2024-10-25T11:45:30+00:00Comment
Share