Recurring Deposit Account

  • Any individual (a single adult or two adults jointly) can open an account.
  • Advance Deposits earn rebate.
  • Four defaults are allowed.
  • Rate of interest 8.40% 
  • Defaults can be paid within two months.
  • Part withdrawal facility available.
  • Premature closure allowed after three years.
  • Pay Roll Savings Scheme is also available for employees of various Establishments.

Type of Account

Minimum Deposit

Maximum Deposit

Individual Account

INR. 10/- and in multiples of INR. 5/- thereafter

No limit.

Interest Calculator