Reccuring Deposit

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Reccuring Deposit

Recurring deposits are special kind of term deposits offered by bank which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits.It is similar to making FDs of a certain amount in monthly installments.

  • Simple a/c opening peocedure.
  • Special benefits to small savers.
  • Account will be opened with convenient amount.
  • Speedy and timely services.
  • Very competitive rate of interest.
  • Flexible maturity periods.