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Recurring Deposit

Open Recurring Account with us and Save a fixed amount regularly.

Recurring Deposit accounts are good for salaried account holders or for those having a fixed income every month. The depositor can select the monthly instalment as per his monthly surplus and opt for a tenure and maturity amount that matches an expected funds requirement in the future.

Term Deposits General Public Senior Citizen
RD 1 Year to 10 Years As per applicable FD rate As per applicable FD rate
Instalment – Rs.14,032/-
Maturity Amount -Rs.10,00,089/-
6.90 %
Instalment- Rs.13,940/-
Maturity Amount- Rs.10,00,111/-

Conditions Apply

* KYC Documents such as Address Proof, ID Proof, PAN Card is compulsory as per RBI Guidelines.