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      Personal Recurring Deposit

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      CUB offers recurring deposits for individuals

      • Monthly deposits of minimum Rs.100/- and in multiples of Rs.100/-
      • Minimum period of deposit - 12 months and Maximum period - 120 months
      • TDS at prevalent Income tax rate is deducted
      • Preclosure facility available
      • Loan against deposit available
      • Click here for Interest rate
      • Documents required

      CUB Apoorva
      CUB offers Life Insurance linked Recurring deposits

      • Dual benefit in monthly savings
      • Resident indiividual -single and joint accounts
      • Age eligibility : 18 to 55 years
      • Monthly deposits of minimum Rs.100/- to a maximum of Rs. 10,000/-
      • Minimum period of deposit is 3 years and a maximum period is 5 years
      • Rs.3.84 per thousand will be collected as annual premium from the accumalated installments as prescribed by LIC
      • Enjoy insurance cover up to a maximum of Rs.5.00 Lakhs till maturity of the deposit account
      • Premium collected is eligible for Income Tax exemption
      • Preclosure facility available
      • Loan against deposit available
      • Nomination facility available
      • Click here for Interest rate
      • Documents required