Recurring Deposits
- This is an ideal Saving Scheme for salaried class investor. The product is especially designed for the customers who like to save small amount on monthly basis.
Significant Features :
- Any individual can open Recurring Deposit Account
- Maximum 3 names are allowed in a joint account
- Minimum amount of monthly Installment is Rs. 100/-
- Available for period of 3 month and above and in multiplication of 3 month.
- Recurring Deposit Account is Accepted for Minors too.
- Nomination facility is available
- Irregularity in the deposition of installment attracts penalty.
- Deposit installment on any day of the month
- Get desired amount on maturity by selecting installment amount.
Requisites for opening of account :
- Duly filled Account Opening form
- 2 photographs of each signatory
- Photocopy of Pan Card
- Photocopy of any one of the following ID proof and Address proof of Officially Valid Documents is required.
As ID proof
- Aadhar Card
- Passport
- Driving License
- Election Card
- NAREGA Job Card issued by the State Govt.
- Letter with Name & Address issued by National Population Register
- Job I-Card.
- Student I-Card.
As Address Proof
- Telephone Bill / Electricity Bill / Utility Bill (latest upto 3 month)
- Passport
- Driving License
- NAREGA Job Card issued by the State Govt.
- Letter with Name & Address issued by National Population Register
- Life Insurance Policy
- Employer’s Address certificate.
Do you have any questions ? Feel free to contact us !