Recurring Deposits

Consistent Savings of any amount will help you achieve your goals in a systematic manner. Unity Small Finance Bank’s Recurring deposits are convenient to begin and offer attractive interest rates, which help you build your savings and achieve your dreams faster.



Flexible Tenures

6 months - 120 months


Minimum investment

₹500 per month


Easy payment options

from your savings account


Any resident Indian, including minors & HUF, can open a recurring deposit account with Unity. However, it's mandatory to have a savings account with us.


1. What are the minimum and maximum tenures to open a bank RD ?

The minimum and maximum duration to open a RD are 6 months and 120 months, respectively.

2. What is the minimum amount required for opening a recurring deposit?

The minimum amount required to open a recurring deposit is Rs. 500 per month.

3. What documents are required to open a recurring deposit?

To open a recurring deposit account with Unity, first, you need to have a savings account from where the payment will be deducted.

4. Can I redeem my recurring deposits before the original term?

If the Recurring Deposit is closed before completing the original term, interest will be paid at the rate applicable for the period the deposit has remained with the bank. In case of premature withdrawal, the deposit may be subject to a penal rate of interest as prescribed by the bank on the date of deposit.