RECURRING DEPOSIT

Overview

A Recurring Deposit is a smart savings tool that encourages you to invest a fixed amount every month over a chosen period. At the end of the tenure, you receive your total deposited amount along with the accrued interest — making it an ideal choice for building a financial corpus through small, regular investments.

Simple 3-Step Process

• 1
  Choose your monthly instalment amount and tenure — our deposit team will guide you on the best option based on your goal.
• 2
  Deposit your instalment every month — at any of our 67 branches or opt for doorstep collection by our experienced staff.
• 3
  Receive maturity amount with interest — at the end of the tenure, your principal plus interest is credited to your registered bank account.

Features & Benefits

• Disciplined savings — build a corpus through small, regular monthly investments.
• Attractive & assured returns — earn competitive interest on your monthly deposits.
• Doorstep collection — our experienced staff can collect your monthly instalment at your doorstep.
• Loan against RD receipt — avail a quick loan against your recurring deposit without breaking it.
• Flexible tenure options — choose a tenure that suits your savings goal and investment horizon.
• Nomination facility — nominate a beneficiary to ensure your deposit is in safe hands.
• Impeccable service — dedicated support from our deposit team at every step.