Our Recurring Deposit can be opened for periods ranging from 2 years, 3 years and 5 years with a minimum deposit of Rs.100.00 for its members.
Recurring deposit account can open by those who wants to save regularly for a certain period of time and earn a higher interest rate.
In recurring deposit account , minimum amount Rs.100/- and multiplies of 100/- is accepted every month for a specified period (1 year to five years) and the total amount is repaid with interest at the end of the particular period.
Providing the loan facility .The loan can be given up-to 75% of the total amount standing in the credit of the account holder