Regular
Regular RD Account will have the following features:
Minimum deposit amount:
INR 100/-
Multiples above the min. amount: INR 100/-
Instalment frequency:
Monthly
Tenure:
6 months to 10 years
Note:
Any individual above the age of 10 years can open this account.However Loan Facility will not be available till the minor attains majority
Features
Salient Features
- Option to choose any amount in multiples of Rs.100
- Nomination facility available
- Joint account available
Interest
Interest pay out option:
-
- At maturity
Interest Rate:
-
- As per Tariff / Rate Card
- Differential interest rate for senior citizens
Other features
- Nomination facility available
- Joint account available
- Premature closure allowed with applicable penality
- RD statement available on request
- TDS certificate will be issued
- Charges for late payment of RD instalment applicable.
