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Recurring Deposit

Mahila Co-Operative Nagrik Bank Ltd., Bharuch Offers Recurring Deposit with attractive Rates with various Tenures such as Customers can open Recurring account for 12, 24 and 36, 48 and 60 Months.

Recurring Deposit Features and Benefits :-

  • Customer can Open Recurring A/c with minimum of Rs. 100.00 and Multiples thereon.
  • Customers can open Recurring account for 12, 24, 36, 48 and 60 Months.
  • We offer nomination facility for all deposit accounts.
  • We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposit are insured up to Rs. 5 Lac.
  • Pay your monthly Instalment any day of the month.
  • As per RBI Directives, Bank will pay matured Recurring account amount on completion of term period or 30 Days after receipt of last instalment which ever is.

Documents Required

Documents required for opening Current Account :-

  • Identity Proof (Passport, Driving License, PAN Card, Voter ID, etc.)
  • Address Proof (Ration Card, Electricity Bill, etc.)
  • Passport Size Photograph of each joint applicant