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Thread: Variable Recurring Deposits...

  1. #1

    Thumbs up Variable Recurring Deposits...

    For people who want to save as and whenever they accumulate some money, they can try opening a Variable Recurring deposit in Indian Bank. It is a good scheme where you can deposit any amount, any number of times in a month and get interest on the cumulative products at the rate of interests applicable to other fixed deposits.

    For more information, the link is:

    http://www.indianbank.in/deposits.php?by=52&ty=2

    Happy saving...

  2. #2
    New Member
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    Jul 2015
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    Very true Jayashreee, In Indusind bank opening balance for recurring account is 500 and they provide guarantees of higher return on your recurring deposit whereas in HDFC bank opening balance for recurring account is 1000 and minimum tenure is of 6 months and ICICI bank provides loan against deposit.

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