Recurring Deposit


BDCC Bank's Recurring Deposit scheme will allow you with an opportunity to build up your savings through regular monthly deposits of fixed sum over a fixed period of time. For a much smaller investment per month, get interest rates equal to that of regular Fixed Deposits.

Rate of Interest on Deposits

Sr.No. Duration Rate of Interest
1. 6 days to 45 days 3.25%
2. 46 days to 120 days 4.25%
3. 121 days to 180 days 4.25%
4. 181 days to 365 days 4.75%
5. 366 days to 729 days 5.25%
6. 730 days to 1094 days 5.30%
7. 1095 days to 1824 days 4.00%
8. 1825 days to 9999days 5.50%

Note:  0.5% increment on interest rate for senior citizens. (60 years and above Citizens)


  • An investment as small as Rs. 1000 (and in multiples of Rs. 100 thereafter) or as large as Rs. 14,99,900 per month
  • TDS is not applicable on the Interest earned by Recurring Deposits as per current income tax rules.
  • Loan against deposit
  • High rates of interest (identical to the fixed deposit rates).
  • Nomination facility available.

Documents Required

  • Application form
  • Proof of Identity: PAN Card, Voter Id Card, Passport, Driving License
  • Proof of Address: Latest Telephone Bill or Electricity Bill
  • Recent Colour Photograph(3 Nos.)

Terms And Conditions

  • Rate of interest as applicable to Bank's TDR / STDR for the period of the RD
  • Penalty charges for non-Deposit of monthly installments.

Please Visit The Nearest Branch For The Best Offers