RECURRING DEPOSIT
Grow Steadily with Our Secure Recurring Deposit
Build a brighter financial future with our reliable and convenient Recurring Deposit (RD). Cultivate a habit of saving and watch your money flourish steadily with our secure and transparent investment option.
A Recurring Deposit (RD) is a type of savings account that allows you to regularly deposit a fixed amount of money for a predetermined period. It’s a disciplined way to save money, ideal for individuals looking to achieve specific financial goals such as buying a car, funding a vacation, or building an emergency fund.
Our RD is a smart savings option where you can deposit a fixed amount every month for a specified period. The interest earned on your deposits is compounded monthly, which means your money grows faster compared to a regular RD scheme where interest is calculated on the principal amount only.
Interest Chart
Recurring Deposit - Compounded Monthly
| Term | Interest - Per Annum |
| 1 Year | 15% |
| 2 Year | 18% |
| 3 Year | 21% |
Key Features and Benefits:
Higher Returns:
Enjoy the power of compounding with our RD scheme, as your interest is reinvested monthly, leading to higher returns over time.
Flexible Deposit Options:
Choose a monthly deposit amount that suits your budget and financial goals.
Tenure Options:
Select a tenure ranging from 6 months to 3 years based on your savings objectives and timeframe.
Automatic Deposit at the time of maturity:
Upon maturity, your RD with Monthly Compounded Interest can be automatically credited to your account without any hassle.
No Penalty for Missed Deposits:
Unlike some traditional RD schemes, we do not impose penalties for missed monthly deposits, providing you with flexibility during unforeseen circumstances.
Interest:
Interest will be given to you at the start of every month according to your cycle.
Flexible Payment of Installment:
You will be given three days as grace period for your payment of Installment.
Why Choose Our Recurring Deposit?
Compound Interest:
Unlike traditional RDs, where interest is calculated on a monthly basis, our compound Interest RD accumulates interest monthly and adds it to your principal amount. This means you earn interest on your interest, helping your savings grow faster.
Competitive Interest Rates:
We offer competitive interest rates that ensure your savings work harder for you. Our rates are designed to beat inflation and provide you with maximum returns on your investment. Our RD with compound Interest offers competitive interest rates, ensuring maximum growth for your savings.
Easy Deposits:
Depositing into your RD is hassle-free. You can set up automatic transfers from your savings account, making it convenient to stick to your savings plan without missing a payment.
No Hidden Charges:
We believe in transparency. There are no hidden charges or penalties for early withdrawal (subject to terms and conditions), giving you peace of mind and flexibility with your savings.
Trust and Reliability:
We are a trusted financial institution with a proven track record of helping customers achieve their financial aspirations.
User-Friendly Interface:
Manage your RD account conveniently through our user-friendly online portal or mobile app.
Expert Financial Guidance:
Our team of financial experts is always available to provide personalized guidance and support.
Transparent Policies:
We believe in transparent and fair policies, ensuring that you understand all terms and conditions related to your recurring deposit.
Customer Support:
Our dedicated customer support team is always ready to assist you with any queries or assistance you may need regarding your RD account.
Security:
Your savings are safe and secure with us. We use advanced security measures to protect your personal and financial information.
No Risk:
RD with cumulative interest is a safe investment option as it offers guaranteed returns without market fluctuations.
Start your journey towards financial prosperity today with our Recurring Deposit. Secure your future and achieve your dreams with disciplined savings and attractive returns! Contact us now to open your RD account or for any queries.