Recuring Deposit

Recuring Deposit

Santhanpara Co-operative Bank presents an array of Recurring Deposit (RD) schemes, tailored to address the diverse financial aspirations of our esteemed customers. Offering competitive interest rates, flexible deposit amounts, and convenient tenure options, our RD schemes provide a reliable avenue for systematic savings. Here's an insight into our Recurring Deposit offerings:

1. Standard Recurring Deposit:

  • Our Standard RD scheme allows you to make fixed monthly deposits for a predetermined period, earning interest on your cumulative savings. Choose from various tenure options to suit your financial goals and enjoy the benefits of disciplined savings.

2. Senior Citizen Recurring Deposit:

  • Exclusively crafted for senior citizens, this RD scheme offers preferential interest rates, providing a stable income stream during retirement years. Secure your future with regular savings and attractive returns tailored to meet the unique needs of senior citizens.

3. Tax-Saver Recurring Deposit:

  • Our Tax-Saver RD scheme enables you to save tax while accumulating wealth through systematic monthly deposits. Invest up to the specified limit under Section 80C of the Income Tax Act and enjoy tax benefits, making it an ideal choice for tax-efficient savings.

4. Flexible Recurring Deposit:

  • With our Flexible RD scheme, you have the flexibility to adjust your monthly deposit amount within a predetermined range, offering convenience and liquidity. Benefit from the freedom to manage your savings as per your evolving financial requirements.

5. Child Recurring Deposit:

  • Secure your child's future with our dedicated Child RD scheme, designed to build a corpus for their education, marriage, or other future endeavors. Start small and watch your savings grow over time, ensuring a bright and prosperous future for your child.

6. Customized Recurring Deposit:

  • Tailored to meet your specific savings objectives, our Customized RD scheme allows you to personalize your deposit amount, tenure, and frequency as per your financial capabilities and goals. Enjoy the freedom to design your savings plan according to your preferences.

At Santhanpara Co-operative Bank, we are committed to helping you achieve your financial aspirations through our Recurring Deposit schemes. Whether you're planning for your retirement, your child's future, or any other financial goal, our RD schemes offer a structured and rewarding approach to savings. Get started today and embark on a journey towards financial stability and prosperity with Santhanpara SCB.

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