Recurring Deposit

Recurring Deposit is a product where you have to deposit money every month to get a cumulative return at the end of the tenure.

RD products are available for tenure ranging from 12 months, 36 months, 60 months giving returns 8% , 9.75%, 10.75% per annum respectively.

Year Monthly Deposit Percentage Maturity amount
1 Year 200/- 7.5% 2499/-
3 Years 200/- 9.00% 8283/-
5 Years 200/- 10.00% 15582/-