Recurring Deposit definition

Recurring Deposit means a predetermined Deposit on a weekly, biweekly or payday basis.
Recurring Deposit means a pre-determined Deposit on a regular basis. "RRSP" means registered retirement savings plan.
Recurring Deposit for the purpose of this Offer shall mean a recurring deposit, for Rs. 5,000/- and above per month and created for a period of one year and above, during the Offer Period.

Examples of Recurring Deposit in a sentence

  • These Deposits are based on Pending Roundup, Recurring Deposit and/or Lump Sum Deposit for funding your Subscription by the Manager.

  • You are responsible for defining the Deposits by way of Roundup, Recurring Deposit and/or Lump Sum Deposit to fund your Investment Account in order for the Manager to provide the Service.

  • You may make a Lump Sum Deposit or a Recurring Deposit from your Funding Source using the Mylo App.

  • You may make a Lump Sum Deposit or a Recurring Deposit from your Funding Source using the Moka App.

  • If I cancel a Recurring Deposit, I understand that all future Deposits in that series will be canceled.

  • These Deposits are based on Pending Roundup, Recurring Deposit and/or Lump Sum Deposit for funding your Subscription by the Portfolio Manager.

  • This includes naming your goal, identifying your goal amount and setting the Initial Deposit, the Recurring Deposit and the percentage of your Roundup Deposits that you want to attribute towards each goal.

  • Savings BankAccountopening Rs. 15.00 peraccount Recurring Deposit account opening Rs. 4.00 peraccount FixedDeposit Rs. 4.00peraccount Overdraft/RetailLoans/KCC/GCC (except OD allowed in SB account) 0.4% of loan amount sanctioned subjecttoaminimumofRs.25.00and maximum ofRs. 5,000.00; 50% of the amount payable shall be paid after the first disbursement of the loan and the rest 50% shall be paid one year thereafter if the account continues to be standard asset till then.

  • No Frills Savings Bank accounts Recurring Deposit Accounts Remittances Fixed Deposit Overdraft/Retail loans KCC/GCC/ST &MT Loan accounts Third party financial products Some of the products are: Loans against TDR/NSC/ KVP etc.


More Definitions of Recurring Deposit

Recurring Deposit for the purpose of this Offer shall mean a recurring deposit, for Rs. 3000/-/- and above per month and created for a period of 9 months and above, during the Offer Period. The total principal amount of the Recurring Deposit should not be less than Rs 50,000/- .

Related to Recurring Deposit