Recurring Deposit

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Recurring Deposit Scheme

Instalment Frequency Monthly

Deposit Tenure :Minimum - 12 months, Maximum - 120 Months
Minimum opening amount of an account is Rs. 50/- 
Loan/overdraft facility is permitted up to 90% of outstanding balance
An additional interest @ 0.55 % for Senior Citizen
Nomination facility will be available
Minor can open RD Accounts
An individual in his/her own name.
More than one individual in joint name.
On late deposit of instalment, penal charges applicable as per bank norms

Flexible Recurring Deposit Scheme - Yatha shakti jama yojna

Instalment Frequency Monthly
Duration :Minimum 06 Months, Maximum 36 Months
Minimum amount of core instalment required to open an account Rs.100/-
Customer can Deposit upto 10 times of core instalment in a Month
Loan/overdraft facility is permitted up to 90% of outstanding balance
Nomination facility will be available
No penal charges applicable