Recurring Deposit

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Recurring Deposit

Build Savings Through Monthly Investments

Our Recurring Deposit Scheme helps you develop a disciplined savings habit by investing a fixed amount every month. Watch your savings grow steadily while earning attractive interest.

Key Benefits

Affordable monthly deposits

Guaranteed returns

Ideal for goal-based savings

Flexible tenure options

Documents required for opening Recurring Deposit

Pan Card

Aadhar Card/ Voter Id/ Passport

Tenure & Rate of Interest

6 Months Rate of Interest - 6%

1 Year Rate of Interest - 7%

2 Years Rate of Interest - 7.75%

F. A. Q's

Frequently Asked Questions

Find answers to the most frequently asked questions about our loans, deposit schemes, banking facilities, eligibility, documentation, and application process.

What is a Recurring Deposit?

A Recurring Deposit allows you to save a fixed amount every month and earn interest until maturity.

What is the minimum monthly deposit

The minimum monthly deposit is Rs. 500/-

Can I withdraw my RD before maturity?

Yes, premature withdrawal is allowed no Prematurity charges are applied.

How do I receive my maturity amount?

The maturity amount is credited to your registered bank account or paid as per your instructions at the end of the tenure.

What documents are required?

PAN Card, Aadhaar Card, passport-size photograph, and other KYC documents as applicable.

Can I nominate someone for my investment?

Yes. Nomination facility is available for all eligible investment schemes.