Get upto 4%* on our Savings Account Balances with Wucbank.
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Updates:
Dear Customer, We have launched Video KYC facility for New customer to open savings ac
Cumulative Deposits at WUC Bank
Maximize your savings with Cumulative Deposits at WUC Bank! This scheme allows you to invest a fixed sum of money for a specified period, offering attractive interest rates that compound over time. Ideal for long-term financial goals, such as funding education or planning for major life events, our Cumulative Deposits provide a safe and reliable way to grow your savings.
Flexible Tenure: Choose a tenure that suits your needs, ranging from 12 months to 120 months, in multiples of three months.
Compounding Interest: Enjoy the benefits of interest compounding, enhancing your returns at maturity.
Withdrawal Flexibility: Withdraw your deposit before maturity with nominal pre-closure charges, giving you peace of mind.
Tax benefits:Provision for submission of form 15G/15H to avoid TDS at source
Who Can Open an Account?
Cumulative Deposits can be opened by individuals (singly or jointly), guardians on behalf of minors, companies, associations, clubs, and charitable organizations.
Documents Required for Cumulative Deposit account
"Secure Your Future, One Deposit at a Time!"
PAN Card
is Mandatory
Completed RD 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
