Recurring Deposit Account

Service Overview

The recurring deposit account, an innovative offering from our bank, is a specialized savings solution designed to help customers achieve specific financial objectives over a predefined timeframe. With tailored interest rates and a structured savings plan, this account empowers individuals to systematically build funds for future goals, such as education, travel, or major purchases. Enjoy the benefits of a disciplined savings approach with our recurring deposit, offering flexibility in deposit frequency and a reliable avenue to watch your savings grow steadily. Experience financial peace of mind and goal-oriented savings by choosing our bank's recurring deposit, where we help turn your aspirations into tangible realities.

Recurring Deposit Account Scheme

Time Interest Rate
Invest ₹ rupees 100 per day and avail ₹ 3200 at the month-end
For an amount of ₹ 500 onwards 7.50% (Yearly)
Mahila Samruddhi Yojana - Invest ₹ 500 per month and avail ₹ 6500 after a year
Ujjwal Bhavishya Yojana Invest ₹ 1000 per month and avail ₹ 13500 after a year
Golden Rd Yojana Invest ₹ 500 per month 8.00%

Documents required for opening a recurring deposit account

  • Address Proof (Passport / Aadhar Card /Driver’s Licence / Voters ID / PAN Card)
  • Passport Size Photo