About Recurring Deposit Scheme

Same as RD regular with only exception that the monthly installments of Rs.1000/and multiples thereof.

  • Monthly draw will be held amongst 499 members.
  • The winner in the lottery need not pay further instalment.
  • Except winners all the remaining account holders will get refund of the paid installments along with int on maturity.
  • Premature closure also permitted in exceptional cases but no interest will be paid.