Recurring Deposit

The Power of Disciplined Saving

A Recurring Deposit (RD) is the perfect solution for individuals who wish to build a significant corpus through regular, monthly savings.

Key Features

  • Flexible Installments: Choose a monthly installment amount that suits your budget.
  • Variable Tenure: Select a tenure from 6 months to 10 years.
  • Attractive Interest: Interest rates are on par with our Recurring Deposits.
  • Loan Facility: Avail a loan against your deposit balance.

Recurring Deposit (RD)

  • Recurring deposit (RD) account can be open with minimum of Rs. 100 and in multiple of it.
  • Tenure- 6 months to 10 years.
  • Rate of interest- 9.75% to 13.50%.
  • Interest is calculated based on annual compound rate.
  • The monthly instalment of recurring deposit will have grace period of 7 days after that the recurring deposit account will be considered irregular and subject to late fees.
  • Personal accidental insurance covers 3 years and above deposit.
  • Pre-withdrawal facilities subjected to terms and conditions.
  • Please refer to the terms and conditions before investing.