Recurring Deposit
Recurring Deposit account allows you to build up your savings
Recurring Deposit make easy for you to invest small amount on a regular basis and earn interest as high as fixed deposits. In addition cultivate the habit of regular savings.
Features & Benefits
Membership not mandatory.Loan Facility. Minimum period of one year.The rate of interest is higher.Associations or any body corporates.Hindu Undivided Families and Trusts.
Other Details
Duration
7 to 45 Days 46 to 90 Days 91 to 179 Days 180 to 364 Days 1 to 3 Years 3 Years and above For Senior Citizens on 1 Year or above duration
Rate of Interest
4.50% 5% 5.75% 6.25% 8.50% 9% 0.50%