Variable Recurring Deposit

Product DetailsVariable Recurring Deposit
DescriptionA recurring deposit scheme with the option of varying the monthly installments instead of a fixed monthly installment. The deposit matures at the end of the agreed period and Interest is compounded quarterly.

a) All General public are eligible.
b) Variable Recurring Deposit Account will earn higher interest based on the term of deposit.
c) Opened for fixed period of time.
d) Customer is given an option to vary his monthly installments according to his convenience in multiples of 25/-
e) No restriction on number of times credit into account.
f) Standing orders facility available.
g) Nomination facility available.

Interest RateClick here to view the Interest rate.
Other ConditionsPlease visit nearest Branch