Recurring Deposit

Recurring Deposit Minimum 1 year and maximum 10 years
Interest Payment Quarterly Interest payable on maturity
Maximum Amount of Deposit No Limit
Minimum Amount of Deposit Rs. 1,000/-
Pledging of Deposit Allowed
Premature Withdrawal Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit.
Additional Interest Rate for Senior Citizen Applicable
Eligible Depositors All depositors

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