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Recurring Deposit scheme provides an opportunity to build up savings through regular monthly deposit of fixed sum over a period and have sufficient funds to achieve specific financial goals at the end of specific period.
- A Recurring Deposit is a special kind of term-deposit offered by banks in India.
- Recurring account help people with salaried incomes to deposit a fixed amount each month and earn an interest which is equivalent to the interest on Fixed Deposits or FDs.
Documents Required:
- Operated Saving Account With us or
- Customer PAN
- Adhar Card
- Two Photos