Recurring deposits are an ideal way to invest small amounts of money every month and end up with a large kitty on maturity. Fino Paytech is the first and only entity to provide recurring deposit for micro customers, which becomes a committed savings product for this customer segment. Micro recurring deposit is a useful product that is designed to inculcate the habit of regular savings.
The micro recurring deposit is designed specifically to cater to the demands of the micro customer. Fino Paytech offers this service through banks at a very low cost. While the customer gets a committed savings product through a formal banking channel, banks are able to generate a substantial deposit amount from this product.
Fino Paytech is the first and only entity to make recurring deposit available to micro banking customers