Recurring Deposit Eligibility Criteria

Eligibility for Recurring Deposit encompasses several categories, including resident individuals, Hindu Undivided Families, private and public limited companies, as well as trusts and societies. Whether you're an individual, part of a family, or representing a company or organisation, you can participate in the Recurring Deposit scheme offered by the bank.

The eligibility criteria for opening a Recurring Deposit account are inclusive and cater to various entities. These include resident individuals, Hindu Undivided Families, private and public limited companies, as well as trusts and societies. Regardless of whether you are an individual, part of a family, representing a company, or associated with an organisation, you are eligible to initiate a Recurring Deposit account with the bank.

HDFC Bank has not set any specific age-related criteria to open an RD. Anyone who fulfils the eligibility requirements concerning accounts held with the Bank can open an RD Account.