DAILY RECURRING DEPOSIT

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DENOMINATION AMOUNT 12 MONTH 24 MONTH 36 MONTH 48 MONTH 60 MONTH
Deposit Amount 5% Deposit Amount 5.50% Deposit Amount 6% Deposit Amount 6.50% Deposit Amount 7%
2000 720000 732974 1440000 1469808 2160000 2211389 2880000 2958613 3600000 3712382
1000 360000 366487 720000 734904 1080000 1105695 1440000 1479307 1800000 1856191
700 252000 256541 504000 514433 756000 773986 1008000 1035515 1260000 1299334
500 180000 183244 360000 367452 540000 552847 720000 739653 900000 928095
300 108000 109946 216000 220471 324000 331708 432000 443792 540000 556857
200 72000 73297 144000 146981 216000 221139 288000 295861 360000 371238
100 36000 36649 72000 73490 108000 110569 144000 147931 180000 185619
50 18000 18324 36000 36745 54000 55285 72000 73965 90000 92810
30 32400 33171 43200 44379 54000 55686
20 21600 22114 28800 29586 36000 37124
15 16200 16585 21600 22190 27000 27843
10 10800 11057 14400 14793 18000 18562

Terms & Condition

  1. It is compulsory for every account holder to purchase share at least Rs. 100 / -.
  2. Membership fee of Rs.10 / – and stationery fee of Rs.40 / – is mandatory.
  3. The minimum investment amount can be quoted at Rs. 10 / – and multiply in Rs. 10 / -.
  4. Annual compounded interest is given on each account.
  5. The account will not be able to close the account before the expiry date.
  6. TDS will be applicable as per Income Tax Rule 1961.
  7. No interest will be paid after the expiration of the account.
  8. There will be no loan facility on irregular accounts.
  9. The loan will not be available on the deposited 6 months ago.
  10. The balance depositing of the remaining amount of irregular accounts will come into regular.
  11. The loan amount will be in excess of 50% to 80%.
  12. Interest rates on the loan will be 18% of the minimum annual.