RECURRING DEPOSIT

Dnyankrupa Multistate’s Recurring Deposit scheme is an ideal way for customers to build disciplined savings through small, regular monthly deposits. With attractive interest rates and flexible tenure options, it helps individuals accumulate a substantial amount over time. It’s especially beneficial for salaried employees, students, and small business owners who want to secure their future gradually. The RD account offers safety, assured returns, and easy account management through the society’s customer-friendly services.

Benefits

• 1. Simple investment product which offers safety and flexibility.
• 2. Minimum period of deposit: 12 Months
• 3. No limit for Maximum period of deposit.
• 4. Minimum Amount of deposit is Rs.1000.
• 5. No limit for maximum deposit amount.
• 6. Option of premature/partial withdrawal in case of any urgent funds requirement without penalty.

Rate of Interest

• 1. ROI ranges between 10% to 11.50% depending on tenure
• 2. 0.5% extra ROI for senior citizen.

Eligibility

• 1. Any individual who is resident of India.
• 2. No age limit.

Documents Required

• 1. Identity Proof of depositor.
• 2. Address proof of depositor.
• 3. In case of minor, guardian’s documents & signature is required.