
Metropolis Union Financial institution
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BIJOY GHOSH
City Union Bank permits prospects to open RD (recurring deposits) on-line utilizing the app — CUB mBank Plus. This performance has eased the strategy of opening a recurring deposit account. The minimal deposit quantity to open an RD account is ₹100. Clients can enter the worth and select the deposit time period on-line.
Additionally learn: City Union Bank rolls out credit card in tie-up with 42 Card Solutions
Steps to open RD account utilizing CUB mBank Plus
Step 1: Open the CUB mBank Plus cellular app and log on to your account.
Step 2: Click on on ‘Investments’ part and choose ‘e-deposits’ from the drop-down menu.
Step 3: Choose ‘RD’.
Step 4: Enter the details of your recurring deposit, together with the deposit quantity and time period of deposit.
Step 5: Click on to submit. You’ll obtain the RD deposit acknowledgment receipt on the display and e-mail deal with.
Additionally learn: How to open fixed deposit in City Union Bank online
Right here’s how to pay your month-to-month RD installment dues
Step 1: Open the CUB mBank Plus cellular app and log on to your account.
Step 2: Click on on the menu and faucet the ‘transfers’ possibility.
Step 3: Choose ‘fund switch’ from the drop-down menu.
Step 4: Choose the ‘personal accounts’ possibility underneath the payee account element.
Step 5: Choose your RD account underneath the ‘switch fund to’ head.
Step 6: Cross-check the details, together with the RD worth, and proceed to submit.
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Revealed on April 3, 2023
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