Recurring Deposit

Recurring Deposit	Minimum 1 year and maximum 10 years
Interest Payment	Quarterly Interest payable on maturity
Maximum Amount of Deposit	No Limit
Minimum Amount of Deposit	Rs. 1,000/-
Pledging of Deposit	Allowed
Premature Withdrawal	Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit.
Additional Interest Rate for Senior Citizen	Applicable
Eligible Depositors	All depositors

ANNUAL REPORTS