Recurring Deposit (R.D)

Grow your savings systematically with our Recurring Deposit
Account – the smart way to turn small monthly savings into a
big corpus with guaranteed returns.

Recurring Deposits allow you to:

  • Deposit a fixed amount every month
  • Earn high interest rates comparable to Fixed Deposits
  • Get a lump sum maturity amount to fulfill your future goals
  • Each Depositor will be supplied with a pass book of such deposit in which the payment made in each month will be entered and acknowledged by the officer of the Co-operative.
  • Every Depositor shall pay the monthly deposit amount before the end of the month. Standing instructions from the Depositor for transfer of monthly installments from his/her savings Bank or Current accounts till the deposit matures will be accepted by the institution and such transfers will be effected by the institution, free of the charge.
  • Identity Proof and Address Proof:
    Passport/Aadhar card/ Driving Licence/voter ID card PAN card Photographs
Note : Aadhar card is mandatory to open account

Rate of Interest

Bumper Recurring Plans

Deposit Rs.2750/- monthly till 36 months

Maturity: Rs.1,12,172/- + Rs.1,000/- Bonus

Deposit Rs.1250/- monthly till 36
months

Maturity: Rs.50,988/- + Rs.500/- Bonus

Deposit Rs.600/- for every 60
months

Maturity: Rs.45,509/-

Invest Rs.1200/- monthly till 120
months

Maturity: Rs.2,20,339/-

Invest Rs.750/- monthly till 120
months

Maturity: Rs.1,37,712/-

Important Notice

Why Choose Our Recurring Deposits?

Easy monthly deposits – start small, grow big

Assured returns with attractive interest

Bonus benefits on select schemes

Perfect for future goals like marriage, education, or big purchases