Recurring Deposit :
Period of Deposit | Minimum 6 months and maximum 10 years. |
Interest Payment | Interest compounded quarterly. |
Minimum Amount of Deposit | Rs. 100 per month. |
Maximum Amount of Deposit | No limit. |
Lien of Deposit | Available. |
Premature Withdrawal | Permitted with penalty cut 1% in applicable interest rate (No interest if a deposit is closed within 6 months). |
Particulars | ROI |
6 Months to 11 Months | 7.00% |
12 Months to 60 Months | 8.50% |