How to book a recurring deposit on mobile banking?
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors
  • Personal
  • Business
  • Corporate
  • Private Banking
  • Privy League
  • NRI Services
  • Investors

You can book a Recurring deposit by following few simple steps: 

1. On Mobile Banking

 1) Go to Banking -> Fixed/Recurring Deposits 

2) Open Fixed Deposit 

2. On Net Banking 

1) Go to Investment-> Deposits 

2) Open A Fixed / Recurring Deposit 

3) Select Recurring Deposit

 

Please Note:

1. Recurring Deposit can be opened for a minimum of Rs.100/- and for maximum of Rs.1,00,000/- in multiples of 100. (If monthly instalment is > Rs.25000 up to Rs.1 lakh max tenor would be 36 months)

2. Minimum tenure for Recurring Deposit is 6 month and Maximum up to 120 month (10 years), in multiple of 3 months.

3. Interest on the Recurring Deposit is compounded at quarterly intervals, at the applicable rates. 

4. Please click here to check recurring deposit interest rates.

Useful Links
Important Links
Was this information helpful?
Was this information helpful?