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Recurring Deposit

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A Recurring Deposit (RD) Account with The Jamkhandi Urban Cooperative Bank Ltd is an ideal savings option for customers who wish to build a substantial corpus through small, regular monthly deposits. Designed to encourage disciplined saving habits, the RD account ensures secure growth of your money with attractive returns.


Key Features

⇒ Flexible Deposit Amounts – Start saving with affordable monthly instalments as per your convenience.

⇒ Attractive Interest Rates – Earn competitive and assured returns throughout the deposit tenure.

⇒​​​​​​​ Tenure Options – Choose a deposit period suitable to your financial goals.

⇒​​​​​​​ Safe & Secure Investment – Backed by the trust and reliability of The Jamkhandi Urban Cooperative Bank Ltd.

⇒​​​​​​​ Loan Facility Available – Customers can avail a loan against their RD balance as per bank norms.

⇒​​​​​​​ Premature Withdrawal – Allowed as per bank rules and applicable interest adjustments.


Benefits

1. Encourages regular saving discipline

2.  Helps build a lump-sum amount for future financial needs

3. Guaranteed returns with low-risk investment

4. Easy opening process with minimal documentation

The RD Account at The Jamkhandi Urban Cooperative Bank Ltd is a perfect choice for individuals looking for a safe, predictable, and convenient way to save for their future financial goals.