MONTHLY RECURRING DEPOSIT

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DENOMINATION AMOUNT 24 MONTH 36 MONTH 48 MONTH 60 MONTH
Deposit Gen. 6% Spl 6.5% Deposit Gen. 7% Spl 7.5% Deposit Gen. 8% Spl 8.5% Deposit Gen. 9% Spl 9.5%
10000 240000 255162 256441 360000 400265 403250 480000 563890 569510 600000 752715 762162
5000 120000 127581 128220 180000 200132 201625 240000 281945 284755 300000 376357 381081
4000 96000 102065 102576 144000 160106 161300 192000 225556 227804 240000 301086 304865
3000 72000 76549 76932 108000 120079 120975 144000 169167 170853 180000 225814 228649
2000 48000 51032 51288 72000 80053 80650 96000 112778 113902 120000 150543 152432
1500 36000 38274 38466 54000 60040 60488 72000 84583 85246 90000 112907 114324
1000 24000 25516 25644 36000 40026 40325 48000 56389 56951 60000 75271 76216
500 12000 12758 12822 18000 20013 20163 24000 28194 28475 30000 37636 38108
300 7200 7655 7693 10800 12008 12098 14400 16917 17085 18000 22581 22865

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. 100 / – and multiply in Rs. 100 / -.
  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.