Recurring Deposit account is opened by that individual who wants to save regularly for certain period of time and can earn good rate of interest.”
Recurring Deposit is a special kind of Term Deposit offered by Exorsus Nidhi Limited. which help members with regular incomes to deposit a fixed amount in every month into their Recurring Deposit account and earn interest at the rate applicable.
Recurring Deposit Scheme features and benefits :-
- A simple investment product.
- Assured returns.
- Flexibility of tenure and amount to be deposited
- Flexibility in withdrawal
- Fixed interest rate