Recurring Deposit
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We thank you for showing your interest in us. Following is the way to opening an
account with us.
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- Please find our
Branch nearest to you and contact
our representative
for further proceedings.
- or You can download the application form
from here, take a neet printout,
send the filled form alonwgwith required documents.
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We request you to wait for 7 working days after your application to revert back
to you. Thanks you in the meantime for your patience.
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Don't have large amount to invest. Don't worry now invest according to your savings
per month n RD with us and earn good interest on it.
Purpose
For those who can't invest all the money at a time can use this scheme to deposit
a fixed amount periodically.
Eligibility
- Individual either singly or jointly or in the name of HUF.
- When Minor is an IT Assessee holding PAN, deposit can be opened singly in the name
of Minor operated by himself/herself or by Guardian as per normal norms of the Bank.
- Deposit in joint names may be issued to two adults or jointly to an adult and a
minor under the mode of operation 'payable to either or surviver'.
- In case of deposit held in joint name, the facility of deduction from income under
Section 80C of Income tax shall be available only to the first depositor.
Documents
- Two passport size photographs.
- Proof of residence i.e. Passport/driving license/Gas / Telephone / Electricity Bill/
Ration card/voters identity card.
Amount And Period
Amount: Amount can be either 100/- or any
product of 100/-. Period: 5 Years
Charges
- 1.Duplicate R D - 50/- per Deposit Print.