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You can book a Recurring deposit by following few simple steps:

1. On Mobile Banking

1) Go to Banking -> Fixed/Recurring Deposits

2) Open Fixed Deposit

2. On Net Banking

1) Go to Investment-> Deposits

2) Open A Fixed / Recurring Deposit

3) Select Recurring Deposit

Please Note:

1. Recurring Deposit can be opened for a minimum of Rs.100/- and for maximum of Rs.1,00,000/- in multiples of 100. (If monthly instalment is > Rs.25000 up to Rs.1 lakh max tenor would be 36 months)

2. Minimum tenure for Recurring Deposit is 6 month and Maximum up to 120 month (10 years), in multiple of 3 months.

3. Interest on the Recurring Deposit is compounded at quarterly intervals, at the applicable rates.

4. Please click here to check recurring deposit interest rates.

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How to book a recurring deposit on mobile banking?