Recurring deposits


Deposit TypeMonthly Deposit Scheme
Interest charges methodCompound interest
Method For InterestAccording to quarterly compound method additional interest will be given.
Minimum Amount of Rs.100/-
Maximum Amount of Rs.No limit
Minimum Duration1 Year
Maximum Duration10 Year
At the end of the term,after applying all interest charges interest with principal amount can be paid.
In the duration of deposit maintaining,the customer if needed 80% of deposited amount with interest on account can be deposit.