1. FEATURES & BENEFITS:
- Deposit Amount: Rs. 500/- to Rs. 1, 00,000/- in the multiple of Rs. 100/-.
- Flexi RD can be opened with a definite base amount and the customer has the choice to deposit the monthly installment every month (upto ten times the base installment) depending upon the availability of funds.
- Tenure: 6 Months to 10 years.
- Interest rate: Fixed.
- Interest application: Quarterly Compounded Interest.
- Interest payouts: On maturity.
- Premature withdrawal: Allowed with penalty.
2. ELIGIBILITY:
- A person in his/her name.
- More than one person in their joint names.
- Minor through parents/guardian.
- Sole Proprietorship Concerns, Partnership Firms
- Private and Public Limited Companies, HUFs
- Associations, Clubs, Societies, Trusts etc.
3. DOCUMENTATION:
- Application Form.
- Photograph of depositor/s (2 copies)
- Documents as per KYC Norms
- PAN Card or Form 60 or 61
- Any other related documents as applicable to Minors, Partnership Firms, Companies, HUF’s etc
4. RATE OF INTEREST (SUBJECT TO CHANGE)
Click here for rate of Interest