Secure and Grow Your Savings with Recurring Deposits

A Recurring Deposit (RD) with Muthoot Vehicle & Asset Finance Ltd. is a smart way to save regularly and build your wealth over time. By investing a fixed amount every month, you can enjoy attractive interest rates and flexible tenures, ensuring your financial goals are within reach.

At Muthoot Vehicle & Asset Finance Ltd., we adhere strictly to the guidelines set by the Reserve Bank of India (RBI) for accepting deposits. Our deposit schemes are designed to offer you secure and reliable investment options while ensuring compliance with the latest RBI regulations.

Why Choose Our Recurring Deposit Scheme? 

• Regular Savings: Cultivate a habit of saving by setting aside a fixed amount each month.
• Attractive Interest Rates: Earn competitive interest on your deposits, helping your savings grow.
• Flexible Tenures: Choose a deposit period that suits your financial plans.
• Safe and Secure: Your investment is backed by Muthoot's trusted legacy of financial stability.
• Easy Access to Funds: Option to withdraw the accumulated amount at the end of the tenure or take a loan against your RD if needed.

 How It Works: 

Open an RD Account: Visit any Muthoot Vehicle & Asset Finance Ltd. branch or apply online.

Monthly Deposits: Deposit a fixed amount each month into your RD account.

Earn Interest: Watch your savings grow with interest compounded monthly / quarterly.

Maturity Benefits: Receive the total amount, including interest, at the end of the tenure.

Start your Recurring Deposit today and take a step towards a secure financial future with Muthoot Vehicle & Asset Finance Ltd.!

• Interest compounded monthly / quarterly as per Schemes
• Deposit schemes are rated by CRISIL is “A/Stable”
• Deposits are accepted as regulated by RBI on time to time.
• *Conditions as specified in the Deposit Application