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How to Break Fixed Deposit in Kotak Mahindra Bank?

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0 2024-08-01T08:22:53+00:00

I have recently closed my FD in Kotak Mahindra Bank so let me tell you how to break fixed deposit in Kotak Mahindra Bank. It is very easy. You can visit their net banking portal or visit the bank’s branch for it. You can learn about the processes next.

How to Break FD in Kotak Bank Online?

I can share two ways on how to break Kotak FD online. They are:

Mobile Banking:

There is another way and that is through their net banking portal

  • Visit the

    Kotak Mahindra Bank Net Banking

    portal

  • Login next

  • Go to the option: Investments

  • Click on Deposit

  • Select Premature Withdrawal of Deposit you will get the amount credited to your bank account instantly)

These are the methods to close FD online.

How to Cancel FD in Kotak Bank Offline?

You can also visit the Kotak Bank’s branch and close your FD there. You will have to

  • Provide the bank official with the FD certificate

  • Mention why you are planning to close the FD

  • Sign in the necessary documents and your FD closure process will be initiated

These are the online and offline methods on how to close an FD in Kotak Mahindra Bank.

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