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Recurring Deposit

Recurring deposit is the ideal option for people who are systematic in their financial planning. A small portion of their regular monthly income can be deposited and the rate of interest would be higher than a normal savings acoount. The tenure period ranges from 24 months till the retirement age with fixed monthly in multiples of Rs 200/-. Premature withdrawal,Loans and Nomination facilities are available.

Interest Rate 8.25%

 

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