- Any individual can open Recurring Deposit Account
- Minimum amount of monthly Installment is Rs. 100/-
- Available for period of 12 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.
- PAN or FORM 60 ( Mandatory )
Any one from below
- Passport
- Driving License
- Aadhar card/Proof of possession of Aadhar Number
- Voter's Identity card issued by the Election commission Of India
- Job card issued by NREGA duly signed by an officer of the state government
- Letter issued by the National Population Register containing details of Name and Address
Documents For Minor Account
- Minor PAN Card
- Guardian Pan Card
- 2 Passport Size Photo of Minor and Guardian
Any one from below Both
- Passport
- Driving License
- Aadhar card/Proof of possession of Aadhar Number
- Voter's Identity card issued by the Election commission Of India
- Job card issued by NREGA duly signed by an officer of the state government
- Letter issued by the National Population Register containing details of Name and Address
- Any Resident Indian solely or jointly
- Guardian on Behalf of Minor in Minors Name