Rg. No. YML/BNK 144
ISO 9001:2015 & ISO 27001:2013 CERTIFIED BANK
Recurring Deposit
Minimum Amount:
Minimum Rs. 50/- in lump sum and in multiples there off. To be deposited on a monthly basis for the period of 1 year upto 84 months.
Pre-Maturity/ Redemption:
In case of payment before the date of maturity, 1% would be deducted from the applicable rate of interest for the actual period for which deposit is kept with the bank.
It is recommended to avail credit facility against deposit rather than premature closure of Fixed Deposits.