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Recurring Deposit

Current Rate Of Interest
12 Months 7.00 % 7.50 %
24 Months 7.25 % 7.75 %
36 Months 7.50 % 8.00 %
Significant Features:
Any Individual Can Open Recurring Deposit Account.
Maximum 2 Names Are Allowed In Joint Account.
Minimum Amount of Monthly Installment is Rs. 100/-
Current Rate Of Interest is Subject to Change.
Nomination facility is Available.
Payment exceed by Rs. 20000 at the time of maturity will be paid to A/c Pay Order Only.
Select Maturity Period & Pay Installment Regularly.
Get Handsome Amount with Compounded Interest is paid on Maturity.
Irregularity in the deposition of installment attracts penalty.
Deposit installment on any day of the month.
No TDS – Irrespective of any amount.
Requisites For Opening Of Account.
Duly filled Account Opening form.
Zerox of PAN Card / Duly filled Form 60.
1 Photograph of Each Signatories.
Any of following document.
Rationing Card / Passport.
Electricity Bill / Telephone Bill / House Tax Bill Etc.
valid document issued and permitted by govt.