My Money Deposit Account

  • My Money RD typically stands for Recurring Deposit, a type of financial product offered by banks. A My Money Deposit account allows you to save money regularly over a specified period and earn maximum interest on your savings.
  • Purpose: My Money accounts are designed for people who want to save a fixed amount regularly over a predefined period. It helps individuals cultivate a savings habit.
  • Deposit Frequency: You make regular monthly deposits into your RD account. The amount deposited each month is fixed when you open the account.

Special Features

  • Community Banking Business Model
  • 18-24-36, Monthly Scheme
  • Basic Interest + Transactional incentive
  • No Groups: Subscription Model
  • 100% Digitally Operated
  • Freedom Of Entry & Exit Any Time
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