MBL Recurring Deposit is a tool to mobilize small deposits in the form of regular savings for future investments. Be it for your children’s education, marriage ceremony, retirement days or investment, our customers will be able to save sizeable amount of money with this scheme.
Features :
Flexible saving option: from 6 months to 20 years
Standing Instruction for debit authority
Higher interest rate than saving deposit schemes
Documents Required :
Duly filled Recurring Deposit account opening form of MBL
.jpg "Interest rate change effective from 16th Nov. 2024")