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W U C B A N K

Info@wucbank.com

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Get upto 4%* on our Savings Account Balances with Wucbank.

More Details

Dear Customer, We have launched Video KYC facility for New customer to open savings ac

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Automatic Renewal Scheme at WUC Bank

Enjoy the convenience of seamless savings with the Automatic Renewal Scheme at WUC Bank. This deposit scheme is designed to automatically renew your fixed deposit upon maturity, ensuring that your investment continues to grow without any effort on your part.

  • Hassle-Free Renewals: At the end of the deposit tenure, your principal and interest can be automatically reinvested for the same period, allowing your money to grow continuously without any manual intervention.

  • Flexible Tenure Options: Choose from a range of tenures that suit your financial needs, starting from 12 months and up to 120 months, with options to renew for the same or a different period.

  • Attractive Interest Rates: Benefit from competitive interest rates that are applied to the renewed deposits, ensuring your savings continue to earn maximized returns.

  • Nominal Pre-closure Charges: If you need to withdraw the deposit before maturity, you can do so with nominal pre-closure charges.

  • Standing Instruction Option: Opt for standing instructions to ensure that your savings account is linked for easy renewal management.

Who Can Open an Account?

Individuals (singly or jointly), guardians on behalf of minors, companies, associations, clubs, and charitable organizations can open an account under the Automatic Renewal Scheme.

Documents Required for Recurring Deposit Account

"Grow Your Wealth, One Month at a Time!"

PAN Card
is Mandatory

Completed Renewal Scheme Account Opening Form

Photo Identity Proof

  • Aadhaar Card
  • Passport
  • Voter ID
  • Driver’s License

Residential Proof

  • Utility Bill (Electricity, Water, Gas, etc.)
  • Bank Statement with your current address
  • Rental Agreement

Two Color Passport-size Photographs: