Recurring Deposit

Recurring Deposit

A Recurring Deposit (RD) with The Kheda People's Co-Op Bank Ltd. is a disciplined way to grow your savings over time. It allows you to deposit a fixed amount every month and earn attractive interest on your deposits, making it an ideal choice for salaried individuals and those looking to build a financial cushion.

Key Features:

🏦 Deposit Tenure: Flexible periods ranging from 6 months to 10 years

💰 Monthly Installments: As low as ₹100 per month

📈 Attractive Interest Rates: Competitive rates as per prevailing market conditions

🔒 Safe & Secure: Deposits are backed by the trust and stability of a co-operative bank

🧾 Nomination Facility: Available

📉 Penalty for Late Payment: Nominal charges apply

Benefits:

• Helps develop a habit of regular saving
• Guaranteed returns on maturity
• Ideal for future goals like education, marriage, or emergencies
• Loan/overdraft facility available against RD (subject to bank terms)

Who Can Open:

• Individual Account Holders
• Minors (jointly with guardian)
• Institutions and firms

How to Apply:

Visit The Kheda People's Co-Op Bank Ltd. with valid KYC documents and start your RD today!