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The SPSR Nellore District Co-operative Central Bank Ltd.
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Home / Deposits / Recurring Deposit (RD)
Disciplined Savings

Recurring Deposit (RD)

Disciplined Monthly Savings for Goal Achievement

INTEREST OFFERED
7.00% p.a. (Senior Citizens: 7.50% p.a.)
DICGC Insured up to ₹5 Lakhs

Account Overview

Cultivate the habit of regular savings by depositing a fixed sum every month and reaping compound interest benefits upon maturity.

Account Privileges

  • Standing instructions facility from your DCCB Savings Account
  • Loan facility up to 90% of accumulated RD value
  • Ideal for education, festival planning, and marriage funds

Documents Required for Account Opening

  • Proof of Identity: Aadhaar Card / Passport / Voter ID
  • Proof of Address: Aadhaar / Electricity Bill / Ration Card
  • PAN Card or Form 60
  • Two recent passport size color photographs

Open an Account

Visit any of our 28 branches or submit an inquiry to have our customer manager assist you.

Locate Nearest DCCB Branch Inquire Online
DICGC Protection: Each depositor is insured up to ₹5,00,000 for principal and interest.