A recurring deposit is a special kind of term deposit which helps you deposit a fixed amount every month into your recurring deposit account and earn interest at ( rate) applicable to fixed deposits.
Here’s an opportunity to build up your savings through regular monthly deposits. (The minimum period of a recurring deposit is six months and the maximum is ten years. Subjective to data).
| 7.50% ROI | 7.75% ROI | 8% ROI SENIOR CITIZEN | 8.25% SENIOR CITIZEN | |||
|---|---|---|---|---|---|---|
| RD AMT MONTHLY | YEAR | YEAR | 1 YEAR MATURITY AMT | 5 YEAR MATURITY AMT | 1 YEAR MATURITY AMT | 5 YEAR MATURITY AMT |
| 100 | 1 | 5 | 1250 | 7337 | 1253 | 7435 |
| 200 | 1 | 5 | 2499 | 14675 | 2506 | 14871 |
| 300 | 1 | 5 | 3749 | 22012 | 3759 | 22306 |
| 400 | 1 | 5 | 4998 | 29350 | 5012 | 29741 |
| 500 | 1 | 5 | 6248 | 36687 | 6265 | 37177 |
| 600 | 1 | 5 | 7497 | 44024 | 7518 | 44612 |
| 700 | 1 | 5 | 8747 | 51362 | 8771 | 52048 |
| 800 | 1 | 5 | 9997 | 58699 | 10023 | 59483 |
| 900 | 1 | 5 | 11246 | 66036 | 11276 | 66918 |
| 1000 | 1 | 5 | 12496 | 73374 | 12529 | 74354 |
| 2000 | 1 | 5 | 24991 | 146748 | 25059 | 148707 |
| 3000 | 1 | 5 | 37487 | 220122 | 37588 | 223061 |
| 4000 | 1 | 5 | 49983 | 293495 | 50117 | 297415 |
| 5000 | 1 | 5 | 62478 | 366869 | 62647 | 371769 |
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Also get a loan on recurring deposit amount immediately
For senior citizens 8.25% interest rate
