Recurring Deposit
Opening an RD is a straightforward process. Individuals need to visit us, fill out the necessary forms, and make the initial deposit. Subsequent deposits are made at regular intervals. Upon maturity, the investor receives the principal amount along with the accumulated interest.
The Tenure for the fexed deposit can be raged according to the depositor.
Interest on Recurring Deposits can be paid out at regular intervals.
While Recurring Deposits are meant to be held until maturity, we allow premature withdrawal only on certain conditions.
The interest rates on RDs are fixed at the time of opening the account and remain constant throughout the tenure.
Investors deposit a fixed amount of money regularly into the RD account. This amount is predetermined at the time of opening the RD.