Recurring Deposit is a systematic monthly savings account which yields high interest on par with that of Fixed Deposit. You can plan to save your earnings to meet your future obligations/requirements i.e. Children Education, Daughter’s Marriage, Purchasing a house, Buying Car etc., This is a unique monthly Deposit Account which earns interest amount. This Account facilitates the depositors to avail loan/overdraft against their deposits during exigencies, repayable before maturity of your Deposit.