|  GPCB : Welcome To The Gandevi Peoples Co Operative Bank Ltd  |  |  AS ON 31.03.2024 AUDITED DEPOSITS : 25372.92 LACS  |  |  ADVANCES : 16425.11 LACS  |  |  NET PROFIT : 371.27 LACS  |  |  WORKING CAPITAL : 29689.49 LACS  |  

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.