Recurring Deposit (RD)

Small Savings. Big Returns. Secure Future.

The Recurring Deposit (RD) scheme at Dwaraka Credit Souharda Sahakari Sangh Limited is designed to encourage regular savings and build financial discipline. It's an ideal option for salaried individuals, homemakers, students, and anyone who wants to save a fixed amount every month and receive a lump sum with interest at maturity.

Whether you're saving for a wedding, education, a future investment, or just want a safe savings plan—our RD offers attractive returns with complete safety.

Key Features

✅ Attractive and competitive interest rates
✅ Monthly investment with flexible tenure options
✅ Secure and disciplined savings plan
✅ Nomination facility available
✅ Premature closure facility (with applicable terms)
✅ Passbook facility for easy tracking
✅ No risk – guaranteed returns on maturity

Documents Required

ID Proof (Aadhaar Card / Voter ID / PAN / Passport)
Address Proof (Electricity Bill / Ration Card / Bank Statement)
PAN Card (mandatory for higher deposits)
2 Passport-size photographs
Filled RD application form (available at branch)

RD Tenure Options

6 months to 10 years
Monthly deposit amounts starting from ₹100 onwards
Interest compounded quarterly and paid at maturity

Who Can Open an RD?

Salaried Individuals
Students
Homemakers
Senior Citizens
Small Business Owners
Joint Account Holders (with consent)

Open an RD Today

Visit any of our branches in Ankola, Karwar, Kumta, Gokarna, Aversa, Bhavikeri, or Agsur and start your journey toward a financially secure future. Our team will guide you through every step of the process with personalized assistance and clear documentation.