Recurring Deposit

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Build Your Savings, One Deposit at a Time

Nav Jeevan Co-Operative Bank Ltd. offers Recurring Deposit (RD) Accounts, a smart and disciplined way to save regularly and achieve your financial goals. Whether you are planning for your child's education, a family vacation, a wedding, or future investments, an RD account helps you accumulate savings through fixed monthly deposits while earning attractive returns.

Features & Benefits

♦   Regular Savings Habit – Invest a fixed amount every month and build financial discipline.

♦   Attractive Interest Rates – Earn competitive interest on your recurring deposits.

♦   Flexible Deposit Amounts – Start saving with an amount that suits your budget.

♦   Multiple Tenure Options – Choose a deposit period based on your financial goals.

♦   Guaranteed Returns – Enjoy assured growth of your savings throughout the deposit tenure.

♦   Safe & Secure Investment – Your money remains secure with a trusted banking institution.

♦   Auto-Debit Facility – Convenient monthly deposits through standing instructions from your account.

♦   Loan Facility – Avail loans against your RD deposit, subject to bank policies.

Who Can Open an RD Account?

♦   Resident Individuals

♦   Joint Account Holders

♦   Minors (through Guardian)

♦   Senior Citizens

♦   Salaried Employees

♦   Self-Employed Professionals

♦   Business Persons and Traders

Deposit Tenure

Customers can select a tenure as per their savings objectives, subject to the bank's prevailing rules and regulations.

Documents Required

♦   Duly Filled Account Opening Form

♦   PAN Card or Form 60 (where applicable)

♦   Aadhaar Card / Valid Identity Proof

♦   Address Proof

♦   Passport-Size Photographs

♦   Any other documents as required by the Bank

Why Choose a Recurring Deposit?

A Recurring Deposit is ideal for individuals who wish to save systematically without making a large one-time investment. Regular monthly contributions help create a substantial corpus over time while earning interest on the accumulated amount.

Why Choose Nav Jeevan Co-Operative Bank Ltd.?

♦   Trusted and Customer-Focused Banking Services

♦   Simple Account Opening Process

♦   Flexible Savings Solutions

♦   Competitive Interest Rates

♦   Safe and Reliable Investment Option

Start your journey towards financial security with a Recurring Deposit Account at Nav Jeevan Co-Operative Bank Ltd. Visit your nearest branch for details on current interest rates, deposit tenures, and terms & conditions.

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