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Recurring Deposit
Interest ApplicationQuarterly compounding
Salient FeaturesA regular monthly savings grow into a large sum to meet the financial needs at the end of the agreed period
Min AmtMonthly instalment Rs.5 and in multiples thereof
Min Period Minimum 6 months
In multiples of 3 months with a maximum of normally 10 years
Other Requirements/DetailsLoan, Foreclosure, Nomination facilities are available. TDS not applicable

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