Build your savings steadily with our convenient Recurring Deposit plan. Simply deposit a fixed amount every month and watch your money grow with attractive interest rates. Whether you’re saving for a dream vacation, education, or future investments, our easy and flexible RD helps you reach your financial goals with discipline and confidence.
Choose the deposit period that suits your financial goals, typically from 6 months to 10 years.
Choose a deposit term that suits your goals—FD tenures range from 7 days to 10 years, giving you full control over your savings journey.
Need funds in a pinch? Get up to 90% of your RD amount as a loan without breaking it.
Open, manage, or close your RD online anytime, with just a few clicks.
Your deposits are FDIC insured up to $250,000 and protected with bank-level security.
Our dedicated customer support team is available round the clock to assist you with any queries.
Your principal amount is safe with guaranteed returns.
Earn more than regular savings accounts.
Choose a deposit period that suits your financial goals.
Fixed interest rates mean you know exactly how much you’ll earn.
Fill out our simple online application form with basic details.
Upload required documents digitally for verification.
Get instant approval notification via SMS and email.
Receive intrests directly in your bank account.
Yes, you can withdraw your Recurring Deposit (RD) before maturity, but there are some important conditions and consequences depending on your bank or post office.
No,you cannot add moneyto an existing RD. If you want to invest more, you need to open a new FDfor the additional amount.
Interest earned on RDs is fully taxableunder "Income from Other Sources." Banks may deduct TDS (Tax Deducted at Source)if the interest exceeds a certain threshold (e.g., ₹40,000 annually, ₹50,000 for senior citizens in India).
Yes, you can open multiple RDs with different amounts, tenures, and interest payout options as per your financial needs.
Yes, most banks allow you to take a loan or overdraft against your RD—usually up to 90% of the FD amount,without breaking the deposit.
You can easily locate the nearest bank branch by clicking on the "Locate the Nearest Bank Branch" button above, or visit our website's branch locator feature. You can also call our customer service for assistance in finding the most convenient branch location.
Upon maturity, you can choose to renewthe RD or have the principal and interest creditedto your linked bank account. Some banks also offer auto-renewaloptions.
Join thousands of satisfied customers who have achieved their financial goals with us.