Recurring Deposits

Customers can avail the Recurring Deposit facility with ease where you deposit a fixed amount of money regularly (monthly) for a specific time period, earning interest on your monthly deposits. RDs can be opened at a minimum deposit of Rs. Five hundred and in multiples of five hundreds thereon to a maximum contribution of Rs. Fifty thousand per month.

It's a popular way to save small amounts of money periodically and accumulate a larger sum over time, with the added benefit of guaranteed returns. Currently, the recurring deposit account earns a cumulative interest of 7.5% per annum.