Recurring Deposit

Minimum Amount:

  • Minimum Rs. 50/- in lump sum and in multiples thereof. To be deposited on a monthly basis for the period of 1 year and up to 84 months.

Pre Maturity /Redemption:

  • In case of payment before the date of maturity 1% is deducted from the applicable rate of interest for the actual period for which deposit is kept with the bank.
  • It is recommended to avail credit facility against deposit rather than premature closure of Fixed Deposits.

For further details contact our nearest Branch or Leave us a Message