Personal Banking

Last Updated on: 01/05/2023

Recurring Deposits

Eligibility

Customers having a limited or stipulated income and require a large amount of money but can only save small amounts every month, such as Salaried individual, small trader, housewife, student or a rural saver

Features

✔ Interest is compounded every quarter

✔ Variable deposit periods ranging from 6 months to 120 months

✔ Loans available up to 90% on the principal and also on the interest accrued

✔ Deposit can be closed prematurely without any difficulty

Interest Rate

Click here for Interest rates

Minimum Amount of Deposit

✔ The minimum deposit is Rs. 50/- per month in multiples of Rs. 5/-

✔ While all efforts have been made to update the information, constituents are requested to contact the branches for latest details