PDCC Bank Recurring Deposits

Introduction

PDCC Bank's Recurring Deposit scheme will allow you with an opportunity to build up your savings through regular monthly deposits of fixed sum over a fixed period of time. For a much smaller investment per month, get interest rates equivalent to that of regular Fixed Deposits.

Benefits

  • An investment as small as Rs. 1000 (and in multiples of Rs. 100 thereafter).
  • Loan against Deposit.
  • High rates of Interest (Identical to the fixed deposit rates).
  • Nomination facility available.

Documents Required

  • Application form (Download from Above)
  • Proof of Identity: PAN Card, Voter Id Card, Passport, Driving License
  • Proof of Address: Latest Telephone Bill or Electricity Bill
  • Recent Colour Photograph (3 Qty)
  • PAN or Form 60/61.

Terms And Conditions

  • Rate of interest as applicable based on bank's Interest rate policy.
  • Penalty charges for non-Deposit of monthly installments as per RBI policy.
  • Any government charges, duties or taxes devolving from the provision of any of the facilities shall, if imposed upon the Bank (either directly or indirectly).

GOLD LOAN

So instead of keeping that gold jewellery, coins, bars or biscuits lying ideal in your locker, you surely could use them to meet those cash contingencies.

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