Term Deposit Accounts
Recurring Deposits Account
A Recurring deposit is an ideal way to invest small amounts of money every month and receive a large sum on maturity. It allows you to prepare for expected expenditures and build up a reserve for unexpected occurrences requiring substantial amounts of money at short notice.
Features:
- Start with a minimum of Rs. 500/-
- Nomination facilities available
- Attractive interest rates
- Higher interest rates for Senior Citizens
Eligibility:
All the registered Societies /Associations/ Trusts are also eligible for opening of such accounts
Documentation Required