Daily Recurring Deposit

This scheme is been introduced for daily saving where you can deposit a certain amount for specified period by the bank. An authorized agent of the Bank collects the daily deposits from the customer's doorstep. Daily Recurring Deposit scheme provides an opportunity to build up savings through regular daily deposit of fixed sum over a period and have sufficient funds to achieve specific financial goals at the end of specific period. Daily Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.

FEATURES

1. Daily Recurring Deposit Scheme
2. Minimum Amount of deposit: 100
3. Period : Minimum-6 Months & Maximum-12 Months
4. Intrest Rate: 4%