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📈 Recurring Deposit (RD) Plan – Secure & Grow Your Savings!

💡 Why Choose a Recurring Deposit?

A Recurring Deposit (RD) allows you to save money **monthly** while earning **high interest rates**. It's a smart and **disciplined way** to build your savings and achieve financial goals like education, travel, and home expenses.

Start small, save regularly, and watch your wealth grow!

✨ Key Features & Benefits

Safe & Secure

Guaranteed returns with zero risk.

Flexible Tenure

Choose from 6 months to 10 years.

High Interest Rates

Earn more on your monthly savings.

📊 Recurring Deposit Plans

Senior Citizens and Women
Fixed Deposit 1 Year - 11 % 2 Years - 12 % 1 Years - 11.5% 2 Years - 12.5%
500 6,366 13604 6,383 13676
1,000 12,733 27,209 12,767 27,352
2,000 25,465 54,418 25,534 54,704
5,000 63,663 1,36,044 63,834 1,36,760
10,000 1,27,327 2,72,088 1,27,668 2,73,520

✅ Who Can Open an RD Account?

  • Any Indian citizen above 18 years
  • Salaried employees, business owners, and students
  • NRIs can also invest (subject to bank rules)
  • Joint accounts available for family savings

🏦 Get a Loan Against Your RD!

Need emergency funds? Use your Recurring Deposit savings as security to avail a loan.

  • 💰 Loan Amount – Up to 90% of your total deposits
  • 📉 Low Interest Rates – Affordable repayment plans
  • ⚡ Quick Processing – Minimal documentation
  • ✅ Secure Financing – No need to break your savings

❓ Frequently Asked Questions (FAQs)

The minimum deposit starts at ₹500 per month, depending on the bank's policies.

Yes, but early withdrawals may result in penalties or lower interest rates.

No, once set, the deposit amount remains fixed for the entire tenure.