|  GPCB : Welcome To The Gandevi Peoples Co Operative Bank Ltd  |  |  Deposits : 22334.46  |  |  Advances : 13937.53  |  |  NET PROFIT : 311.15  |  |  TOTAL BUSINESS : 36271.99  |  |  WORKING CAPITAL : 25836.10  |  

RECURRING DEPOSIT

Recurring deposits are a type of banking investment very similar to cash certificates. One of the main differences is the deposit terms, which tend to be monthly instead of quarterly. A recurring deposit account may not be as flexible as a cash certificate deposit in terms of lending against the money.