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Recurring Deposit

Smart savings, consistent growth – perfect for disciplined investors

Features
  1. Recurring Deposit Minimum 1 year
  2. Interest Payment Quarterly Interest payable on maturity
  3. Maximum Amount of Deposit No Limit
  4. Minimum Amount of Deposit Rs. 1,000/-
  5. Pledging of Deposit Allowed
  6. Premature Withdrawal Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit.
  7. Additional Interest Rate for Senior Citizen Applicable
  8. Eligible Depositors All depositors
  9. Electronic Debit facility available