Recurring Deposit Account
Build wealth systematically with our recurring deposit accounts. Set aside a fixed amount monthly and watch your savings grow with competitive interest rates and flexible tenure options.
Why Choose Our Recurring Deposit Account?
Maximize your savings potential with our comprehensive recurring deposit solutions designed to help you achieve your financial goals through systematic monthly investments.
High Interest Rates
Earn up to 7.5% APY on your recurring deposits. Our competitive rates help your money grow faster while keeping it safe and secure.
Flexible Tenure
Choose from 6 months to 5 years tenure options. Select the duration that best fits your financial goals and timeline.
Low Minimum Deposit
Start your RD account with just $25 per month. No large initial investment required, making it accessible to everyone.
Complete Security
Your deposits are protected with bank-level security and FDIC insurance. Your money is safe and secure with us.
Easy Management
Manage your RD account online or through our mobile app. Check balances, track progress, and make changes anytime.
Tax Benefits
Enjoy tax benefits on your RD investments under applicable tax laws. Maximize your savings with smart tax planning.
Build Wealth Systematically
With Nova Global World Recurring Deposit Account, customers have the flexibility to choose the deposit amount and tenure that suits their financial goals. Whether you're saving for a short-term goal like a vacation or a long-term goal like education or retirement, our RD account can accommodate your needs.
Systematic Savings
Develop a disciplined savings habit with fixed monthly deposits that help you reach your financial goals.
Compound Interest
Watch your money grow exponentially with quarterly compounding interest on your recurring deposits.
Loan Against RD
Get loans up to 90% of your RD balance in case of emergencies without breaking your deposit.
Premature Withdrawal
Withdraw your RD amount before maturity with applicable penalties, providing flexibility when needed.
Calculate Your RD Maturity Amount
See how much you can earn with our competitive RD interest rates. Use our calculator to plan your recurring deposits and track your savings growth.
Recurring Deposit Calculator
Enter your details to see your RD maturity amount
Your RD Results
Based on your inputs
Effective Rate: 7.5%
Monthly Interest: $82
Who Can Open a Recurring Deposit Account?
Our recurring deposit accounts are designed to be accessible to a wide range of customers. Here are the simple eligibility requirements to get started with your systematic savings journey.
Simple Requirements
Opening a recurring deposit account with us is quick and straightforward. We've designed our process to be as simple as possible while maintaining security and compliance with banking regulations.
Nationality
You can be of any nationality. We welcome customers from around the world with proper identification and documentation.
Age Requirement
You must be 18 years old or above to open a recurring deposit account. Minors can open accounts with a parent or guardian as a co-signer.
Identification Documents
You must have all necessary documents to verify your identity, including government-issued photo ID and proof of address.
Minimum Monthly Deposit
Start your RD account with just $25 per month. No large initial investment required, making it accessible to everyone.
What Documents Do You Need?
To open your recurring deposit account, you'll need to provide a few essential documents. We've made the process as simple as possible while ensuring security and compliance.
Identity Verification
Provide one of the following government-issued photo IDs:
- Valid Passport
- Driver's License
- National ID Card
- State-issued ID
Address Verification
Provide proof of your current address with one of these documents:
- Utility Bill (within 3 months)
- Bank Statement
- Rental Agreement
- Government Correspondence
Additional Requirements
Complete your RD application with these additional items:
- Passport-size Photographs (2)
- Social Security Number
- Employment Information
- First Month Deposit ($25+)
Ready to Start Your RD Journey?
Have your documents ready? Open your recurring deposit account online in just 5 minutes!
