Recurring Deposit

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Minimum Amount of deposit is Rs.500

Minimum Rs.500 deposit limit, allowing you to invest as much as you want with complete flexibility..

No age limit

Fixed Deposit schemes are available for individuals of all age groups without any age restriction.

No limit for maximum recurring deposit amount.

There is no such limitations over period on deposits.

What Benefit You Will Get

  • A safe and convenient investment option that encourages regular savings.
  • The minimum deposit tenure starts from 1 year.
  • Deposits can be maintained for a maximum period of up to 10 years.
  • Begin your savings journey with a minimum deposit of just Rs. 500.
  • No upper limit on the recurring deposit amount for greater flexibility.

Pledging & Rate of Interest

  • Pledging of deposit is 80% of RD amount.
  • Depositor will get interest per annum.

Eligibility

  • Any individual who is resident of India.
  • No age limit.

Documents Required

  • Identity Proof of depositor.
  • Address proof of depositor.
  • In case of minor, guardian’s documents & signature is required.