Apply for a Recurring Deposit online through internet banking, mobile banking or by simply visiting your nearest Axis Bank branch where our representatives can guide you through the process. Here are the 5 simple steps through which you can apply for Axis Bank’s Recurring Deposit online through Axis Bank’s Internet or Mobile Banking services.
Internet Banking
You can book a Recurring Deposit through any of the below mentioned channels:
Step I
Login to Internet Banking and select the deposit option. Click here For login Internet Banking to login.
Step II
Click on Create Recurring Deposit
Step III
Fill in the required account and nominee details
Step IV
On confirmation, the selected amount will be debited from your savings account and your Recurring Deposit will be created instantly. You will get a web receipt of the Recurring Deposit booked instantly. The value date for opening of the deposit and the rate applicable will be as per the date of request i.e. the day on which the savings account is debited.
Step V
Post creation, the Recurring Deposit Advice will be mailed to your registered e-mail ID if you are registered for an e-statement and if not registered for e-statements, physical advice will be dispatched to your communication address. You will be able to also view the Recurring Deposit advice in Internet Banking after one working day of deposit booking.
Mobile Banking
Step I
Login in to Mobile Banking and select the deposit option
Step II
Select Open RD
Step III
Fill in the required account and nominee details
Step IV
On confirmation, the selected amount will be debited from your savings account and your Recurring Deposit will be created instantly. You will get a web receipt of the Recurring Deposit booked instantly. The value date for opening of the deposit and the rate applicable will be as per the date of request i.e. the day on which the savings account is debited.
Step V
Post creation, the Recurring Deposit Advice will be mailed to your registered e-mail id if you are registered for e-statement and if not registered for e-statements, Physical advice will be dispatched to your communication address. . You will be able to also view the Recurring Deposit advice in Internet Banking after one working day of deposit booking.
Branch
Customer can visit their nearest Axis Bank branch to open Recurring Deposit.
