You can open a recurring deposit account in almost all banks such as Axis bank, HDFC bank, SBI bank, Canara Bank, Karur Vysya Bank, ICICI bank etc. so to start a recurrent deposit investment. You just need to go to the bank where you have your current account and ask about the banks recurring deposit options to open an RD account. Depending on the bank there might be also the option to do this via internet banking.