Recurring Deposit

What is a Recurring Account and How It Works
A Recurring Account is a savings plan where you can deposit a fixed amount every month. It
is a good option for people who earn a regular income, like salaried workers or small business
owners. This kind of account helps you save money slowly and safely over time. With a
recurring deposit, you don’t need to put in a large amount at once. Instead, you save little by
little every month. We offer different time periods and good Recurring Account interest rates,
so you can choose what works best for you. Our bank also allows you to open and manage
your RD account online easily.

Benefits of Opening a Recurring Deposit Account
Starting a Recurring Deposit Account gives you safe and steady returns. The interest is fixed
and added to your savings regularly. Whether you are saving for your child’s school, a family
function, or any big need, a Recurring Account helps you plan better. Since you deposit small
amounts regularly, it is easy on your pocket. You can choose a short or long savings period—
from 6 months to 10 years. This makes the recurring deposit account a smart way to save for
your future. With the help of an RD account, you can build good saving habits and reach your
money goals without pressure.

1. Features-
                     1. Instant Account Opening
                     2. Loan facility available
                     3. Insured your deposit up to 5 lakh through DICGC
                        4.Monthly Small amount deposited till maturity.
                      5.Loan facility available.

    2. Document Required
                        1. Dully filled account Opening form.
                        2. Valid Identity Proof
                        3. Valid Address Proof
                        4. Passport size Photo

     3. Eligibility  – Indian Resident Solely or Jointly