A Recurring Deposit Account at our bank allows customers to grow their savings systematically by making fixed monthly deposits over a chosen tenure. This account type is ideal for individuals who wish to save a specific amount each month to meet future financial goals. With a fixed interest rate throughout the deposit period, our bank ensures that your savings steadily accumulate over time. The Recurring Deposit Account provides an easy and disciplined way to save without needing a large initial deposit, making it accessible to customers from various financial backgrounds.

Our bank offers flexible tenures for the Recurring Deposit Account, allowing customers to select a period that suits their financial plans, ranging from 6 months to several years. Interest is compounded quarterly, helping your savings grow faster. At maturity, you’ll receive the full deposited amount along with the accumulated interest, making it an effective way to build funds for planned expenses. Additionally, we make it easy to manage and track your recurring deposits through our online and mobile banking services, giving you full control over your savings journey.