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Recurring Deposit

Recurring deposits refer to the regular placing of a predetermined sum of money into a term account with a predetermined tenure with a financial institution. Usually, the depositor withdraws the money along with a predetermined amount of interest.

Recurring deposit plans guarantee that investors receive competitive interest rates on their capital.

Plan RC 1 Recurring Deposit ROI 9.5%

Plan RC 2 Recurring Deposit ROI 10%

Plan RC 3 Recurring Deposit ROI 10.5%

Plan RC 4 Recurring Deposit ROI 11%

Plan RC 5 Recurring Deposit ROI 11.5%

Plan RC 6 Recurring Deposit ROI 12%

Plan RC 7 Recurring Deposit ROI 12.5%

Recurring Deposit

You can invest any amount over 500/- as a recurring deposit. Members can choose between a period of one year and seven years. The ROI rates will vary from 9.5% to 12.5% per year, depending on the years you choose. Senior citizens will receive an additional 0.50% per year interest. Monthly, quarterly, half-yearly, and annual modes of investment frequencies are available to members. The interest on recurring deposits will be paid only after the deposit term is over. Loan facilities are available in proportion to the amount you invested. Prematurity applies after each year, and the deposit will be locked for the following year after one month.

Questions & Answers

Find answers to all your queries about our Recurring Deposit
What is the minimum FD investment amount?

You can invest any amount over 500/- as a recurring deposit.



Yes, loan facilities are available in proportion to the amount you invested.

Yes, prematurity applies after each year

Fixed Deposit Required Documents

Basic documents required for opening a savings account.

PAN Card
is Mandatory

Duly Filled
Application Form

Color & Passport Size
Photographs

Color & Passport Size
Photographs

Questions & Answers

Find answers to all your queries about our service.

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  • How safe/secure is our net banking a/c?

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  • How you safe/secure is our net banking a/c?

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  • Encounter who loves or pursues desire

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