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Dear Customer, We have launched Video KYC facility for New customer to open savings ac

Recurring Deposit

A Recurring Deposit is a savings option offered by banks that allows customers to regularly deposit a fixed amount of money into their RD account every month for a predetermined period. This financial tool not only fosters a disciplined savings habit but also ensures a steady accumulation of funds, making it an ideal choice for individuals looking to achieve their financial goals systematically. Opening a Recurring Deposit account is a straightforward process at The Vaish Cooperative Adarsh Bank Ltd.

Features:

All Resident Indians ( Individuals/ Sole Proprietor/ Partnership/ Company/ Trust/ HUF etc) can open the Account.
Minimum Monthly Deposit amount is Rs.100/-
Deposits can be made for a maximum of 10 years.
Interest will be calculated on quarterly compound basis so the depositor can earn a higher amount of interest.

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