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Need Help? Talk to an Expert 080 25588255 | 8714684144
Need Help? Talk to an Expert 080 25588255 | 8714684144
The term Recurring Deposit pinpoints to the periodic placement of a stipulated amount of money with a financial institution into a specific term account, with a stipulated tenure. The amount typically is withdrawn by the depositor with stipulated amount of interest.
Recurring Deposit Scheme offered by the ICCSL makes it sure that investor gets an impressive interest rates on his investment.
DOWNLOAD APPLICATION FORM FDR/RD| Amt Deposit | MLY | QLY | HLY | YLY | Maturity | Si. Ci. 8.5% |
|---|---|---|---|---|---|---|
| 1200 | 100 | 300 | 600 | 1200 | 1252 | 1256 |
| 2400 | 200 | 600 | 1200 | 2400 | 2505 | 2511 |
| 3600 | 300 | 900 | 1800 | 3600 | 3757 | 3767 |
| 4800 | 400 | 1200 | 2400 | 4800 | 5010 | 5023 |
| 6000 | 500 | 1500 | 3000 | 6000 | 6262 | 6279 |
| 12000 | 1000 | 3000 | 6000 | 12000 | 12524 | 12557 |
| 24000 | 2000 | 6000 | 12000 | 24000 | 25048 | 25114 |
| 36000 | 3000 | 9000 | 18000 | 36000 | 37572 | 37671 |
| 48000 | 4000 | 12000 | 24000 | 48000 | 50096 | 50228 |
| 60000 | 5000 | 15000 | 30000 | 60000 | 62620 | 62785 |
| 120000 | 10000 | 30000 | 60000 | 120000 | 125240 | 125571 |