Recurring Deposits

General Information::

• Pigmy Deposit 2% rate of interest for a period of 6 monts and one years and above 3%.
• Savings Rate of Interest : 4.00%
• Facility is allowed to Individual Person or Joint Account Holders and Hindu Undivided family
• Deposit amount will be Rs. 100/- or in multiples of Rs. 100/-
• Monthly, quarterly, half yearly interest will be given or after maturity amount will be paid with interest on maturity.
• Duration of deposit will be minimum 5 years and maximum 10 years.
• Nomination facility is available.
• Senior Citizens (Age above 60 years) 0.50% extra interest.
• Trust, Societies & above Rs.15 lakh Depositors 0.25% extra interest.
• 1% less interest rate will be paid on premature deposit receipts.