Recurring Account

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).

Chart of RD

Monthly Deposit Year Year 1 Year 5 Year
100 1 5 1246 7193
200 1 5 2492 14387
300 1 5 3739 21580
400 1 5 4985 28773
500 1 5 6231 35966
600 1 5 7477 43160
700 1 5 8723 50353
800 1 5 9970 57546
900 1 5 11216 64740
1000 1 5 12462 71933
2000 1 5 24924 143866
3000 1 5 37386 215798
4000 1 5 49849 287731
5000 1 5 62311 359664

Also get a loan on recurring deposit amount immediately

For senior citizens 7. 5% interest rate

SI Convenience available