Question:

What is the minimum deposit amount required to open a Recurring Deposit account in India HDFC bank?

by Guest22723014  |  8 years, 7 month(s) ago

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I want to open Recurring Deposit account in India HDFC bank. What is the minimum deposit amount required to open it.

 Tags: account, Amount, bank, deposit, HDFC, India, minimum, recurring, required

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  1. Banking Expert
    You can open a Recurring Deposit account for a minimum deposit of Rs 500/- and subsequent multiple installments of Rs 100/-. This means that the installment amount can be, for example, 500, 600, 700 ….. up to Rs. 1 lakh. However, once an installment amount is chosen it is fixed for the entire tenure of the RD.

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