Tenure: We accept recurring deposits for a minimum of 12 months and a maximum of 60 months.
| Monthly RD Payable | Interest rate based on scheme Tenure | ||||
|---|---|---|---|---|---|
| 1 year 9% | 2years 9.5% | 3years 10% | 4years 10.25% | 5years 10.5% | |
| 1,000/- | 12,597/- | 26,505/- | 42,076/- | 59,421/- | 78,960/- |
| 2,000/- | 25,194/- | 53,009/- | 84,149/- | 1,18,843/- | 1,57,920/- |
| 5,000/- | 62,984/- | 1,32,523/- | 2,10,373/- | 2,97,106/- | 3,94,799/- |
| 10,000/- | 1,25,968/- | 2,65,047/- | 4,20,745/- | 5,94,213/- | 7,89,598/- |
| 25,000/- | 3,14,920/- | 6,62,617/- | 10,51,864/- | 14,85,531/- | 19,73,995/- |
| 50,000/- | 6,29,841/- | 13,25,234/- | 21,03,727/- | 29,71,063/- | 39,47,990/- |
| 75,000/- | 9,44,761/- | 19,87,851/- | 31,55,591/- | 44,56,594/- | 59,21,985/- |
| 1,00,000/- | 12,59,682/- | 26,50,469/- | 42,07,454/- | 59,42,126/- | 78,95,980/- |
Deposit Account opening
- A share of Rs.10 should be purchased when opening an RD account. (Membership fee)
- KYC document and filled application form are required to open an account. (KYC- Copy of Aadhaar card, Bank Passbook along with filled application)
Deposit Account closure
- Deposits cannot be withdrawn for the first 3 months and on such withdrawal up to 6 months no interest will be given.
- Processing fee for pre-mature withdrawal is Rs.50.
- When closing Deposit account, respective Deposit passbook and the copy of bank passbook must be provided.
