A Recurring Deposit(RD) is a simple way to save money every month and earn higher interest than you get with your savings account. If you maintain a Savings Account with us, a specified amount can be automatically deducted & transferred from it every month to your Recurring Deposit. At the end of the tenure, you will have saved a considerable sum of money.
Deposit scheme interest rates w.e.f. 04-May-2020
|Interest Rate For Recurring Deposit|
|Term Deposit||General||Co-op Societies and Trust||Senior Citizen||Widow||Handicapped/ Blind|
|Above 12 Months Up to 35 Months||5.50 %||5.50 %||6.00 %||6.00 %||6.00 %|
|Above 35 Months||5.75 %||5.75 %||6.25 %||6.25 %||6.25 %|