Recurring Deposit
Build your savings systematically with our Recurring Deposit scheme. Deposit a fixed amount monthly and earn attractive interest rates to achieve your financial goals.
Initial Amount To Open
Recurring Account
₹100
Rate of Interest
1 Year
6.75%
2 Year
7%
3 Year
7%
4 Year
7.10%
5 Year
7%
Benefits
- Passbook Facility
- Standing Instructions
- A/C. View Facility on Mobile
Documents to be submitted for opening Recurring Account
Savings Account
- A Savings Account with our bank is compulsory to open a Recurring Deposit Account
How Recurring Deposit Works
- Deposit a fixed amount every month for your chosen tenure (1 to 5 years)
- Earn competitive interest rates based on your selected period
- Automated monthly deductions from your linked Savings Account
- Receive maturity amount with accrued interest at the end of the tenure