Recurring Deposit

Recurring DepositsA recurring deposit account is the ideal way to invest small amounts of money every month and end up with a large sum on maturity.

Deposits are available for various tenures.

Rates, fees and charges, wherever applicable, are subject to change without prior notice. The latest schedule of fees is available upon request at our branches in India and is also accessible here.

  • There is no Tax Deducted at Source (TDS) on the interest of this deposit
  • You can provide a standing instruction to automatically transfer funds from your operative account on a monthly basis
  • The account must be opened with a minimum deposit, stipulated as per the current tariff
  • A nomination facility is available
  • Senior citizens receive an additional 0.5% on the interest rate
  • Rates, fees and charges, wherever applicable, are subject to change without prior notice. The latest schedule of fees is available upon request at our branches in India and is also accessible here.
  • Individual residents
  • Minors with a guardian operating the deposits
  • Premature withdrawals are permitted but will attract a penalty as per ADCB’s policy
  • Rates, fees and charges, wherever applicable, are subject to change without prior notice. The latest schedule of fees is available upon request at our branches in India and is also accessible here

For further details, please click here.

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Mumbai Office

75 Rehmat Manzil,
Veer Nariman Road, Churchgate,
Mumbai 400020 - INDIA
Tel : +91 22 39534100
Fax : +91 22 39534106

Bengaluru Office

Citi Centre, 28 Church Street,
Bengaluru 560001 - INDIA
Tel: +91 80 25582000
Fax:+91 80 25582323

Head Office

Abu Dhabi Commercial Bank Building,
Shk Zayed Street,
P. O. Box: 939,
Abu Dhabi, United Arab Emirates
www.adcb.com