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Internet Banking

Recurring Deposits

Book a Shivalik Bank Recurring Deposit to meet your future goals!

Recurring Deposits (RD) provide customers with the flexibility to invest an amount every month in a systematic manner and get a corpus of funds as per the need like marriage, buying a house, child education, retirement etc. Senior citizens are offered high interest rates for all deposit tenures.

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Features

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    Minimum initial booking amount ₹ 1000 & maximum booking amount ₹ 1 Lakh

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    Top up amount of minimum ₹ 100 & maximum upto 25 times of initial deposit amount

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    Anytime top-up option available in the same deposit account

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    Tenure ranging from 6 months to 120 months

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    Interest compounded at quarterly intervals at applicable rates

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    Premature withdrawal option available for special cases

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