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.