Recurring Deposit (RD)

• Recurring Deposit can be opened with minimum Rs. 300/ and further in multiple of Rs. 100.
• Interest will be calculated Yearly via compound interest.
• For inconsistent account maturity will be calculated @3%
• The amount of maturity will be paid on the date of payment.
• Loan facility also available on Recurring deposit as per society norms.

Terms & Conditions

• The applicant must be member of the Society.
• Members age should be minimum 18 years and above.
• Members would be allotted a pass book against his recurring deposit.
• Pre maturity facility available according policy.
• All Deposit forms should fill in CAPITAL LETTERS only.
• Maturity amount will be paid by cheque or by online transfer.