With IndusInd Regular Recurring Deposit we encourage your regular savings, where in you can invest a fixed amount every month for a fixed period.
Fixed monthly installments are being remitted to Recurring Deposit by a Standing Order, ECS mandate or by regular direct remittance
Opening Balance: INR.500/-
Recurring Deposit Interest Rate: As applicable for term deposits including the benefits of senior citizens
TDS in Interest: As per the current Income Tax regulations
Deposit Tenor: 12 months to 120 months
Nomination facility: Available
Premature Closure: Allowed
RDs can only be booked in multiples of 100.
Please click here for interest rates.
You can open a Regular Recurring Deposit online. Click on the Apply Now button on this page, fill in your details and submit it. We will get back to you for further KYC process. Alternately, you can visit a branch and submit the Deposit Account form.
Average rating based on 187 ratings
2 out of 2 (100%) reviewers recommend this product
Review by sundar raj, Feb | 2017
how to cancel my recurring deposit please explain
Review by Rahul, Aug | 2016
Does it take five day to make RD