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, 24 months, 36 months, 48 months and 60 months giving returns 7.5%, 8.0%, 9.0%, 9.25% and 9.50%  per Year respectively.

Year Monthly Deposit Percentage Maturity amount
1 Year 200/- 7.50% 2499/-
2 Year 200/- 8.00% 5218/-
3 Years 200/- 9.00% 8283/-
4 Years 200/- 9.25% 11636/-
5 Years 200/- 9.50% 15375/-