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 MSRB FINOCARE ASSOCIATION. 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