To encourage the saving habit of the public at large on monthly basis the bank offers the facility of Recurring Deposits. The product is especially designed for the customers who compulsorily like to save the small amount of their income on monthly basis
» Easy& Simple A/c Opening procedure.
»  Speedy and timely services.
»  A/c can be opened at your convenient amount.
»  Special benefits to Small savers.
»  Attractive rate of interest on maturity of the deposits.
»  Flexible maturity periods.
»  Recurring deposit rate is 7%.

GMCC Deposit Scheme enables the depositor to save in fixed monthly installments. One can choose different maturity plans depending o­n o­ne’s saving goals desired.

By putting away o­nly a little amount every month, the depositor gets a tidy lump-sum amount of principal plus interest at the end of the chosen period. Minimum amount of monthly installment Rs.100/.

As the old adage goes “little drops of water, makes a mighty ocean”. This scheme is ideally suited for young salaried people to inculcate a regular and compulsory saving habits.