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Recurring Deposit

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Recurring Deposit

Deposit Scheme

Recurring Deposit Scheme

This scheme is introduced for monthly saving. A Recurring Deposit Account is opened by those who want to save regularly for a certain period of time and receive a lump sum amount at maturity to meet future planned needs.

Particulars Details
Monthly Deposit ₹10 Onwards
Minimum Tenure 12 Months
Maximum Tenure 120 Months

Key Features

Regular Savings

Encourages disciplined monthly savings for future financial goals.

Flexible Tenure

Choose a deposit period ranging from 12 months to 120 months.

Lump Sum Maturity

Receive a consolidated maturity amount at the end of the selected tenure.

Scheme Information

Recurring Deposit can be opened with a monthly installment starting from ₹10.
Suitable for customers planning future expenses through systematic monthly savings.
Deposit period available from 12 months up to 120 months.