About Recurring Deposit

A basic saving plan, which helps you regulate your savings and reap its benefits from time to time. Also avail up to 95% of the deposit amount by way of loan/overdraft.

Key Benefits:

  • Regularizes savings by encouraging a saving habit.
  • Loan/Overdraft facility up to 95% of the deposit amount.
  • Provision for nomination.
Terms & Conditions:
  • Minimum amount required to open an account - Rs. 100/- (Rural, Urban and Metro).
  • Subsequent deposits in multiples of - Rs. 100/- (Rural,Urban and Metro).
  • Deposit Tenure:
    • Minimum - 12 months.
    • Maximum - 120 months.
  • On pre-matured withdrawal of your deposit amount, Pl contact to company for more information.
  • Documents required:
    • Passport size photograph
    • Proof of residence
    • An introduction as per norms