Daily Recurring Deposit (RD)

Grow Your Savings Daily with Guaranteed Returns

Our Daily Recurring Deposit (RD) plan is designed to help you grow your savings steadily with daily contributions and a flat annual interest rate of 8%. With a fixed tenure of 360 days, this plan ensures consistent returns and a disciplined approach to achieving your financial goals.


 

Key Features of Our RD Plan

  1. Fixed Tenure: All RD accounts are locked for 360 days, ensuring stability in savings.
  2. Daily Deposits: Save a small amount daily and watch your savings grow.
  3. Flat Interest Rate: Enjoy a guaranteed 8% per annum flat rate on the total invested amount upon full maturity.
  4. Hassle-Free Withdrawals: Clear terms for premature withdrawals with no hidden charges.

 

Interest Rate and Returns

  • The 8% flat interest rate is applied directly to the total deposited amount at maturity, ensuring a straightforward calculation of your returns.

 

Premature Withdrawal Policy

We provide flexibility for withdrawals before the 360-day maturity:

  1. Before 90 Days:

    • No Interest: Only the principal amount will be refunded.
  2. Between 90 and 179 Days:

    • 1% Flat Interest: Interest will be calculated at 1% flat on the total deposited amount.
  3. Between 180 and 359 Days:

    • 3% Flat Interest: Interest will be calculated at 3% flat on the total deposited amount.
  4. At Full Maturity (360 Days):

    • 8% Flat Interest: The full flat interest rate of 8% will be applied to the total deposited amount.

 

Benefits of Choosing Our Daily RD Plan

  • Convenient Daily Deposits: Save in small, manageable amounts every day.
  • Transparent Returns: Flat interest rates ensure simplicity and predictability.
  • Flexible Withdrawal Terms: Access your funds when needed with fair policies.
  • Guaranteed Growth: Your money grows securely with fixed, attractive returns.

 

How to Get Started

  1. Open Your Account: Visit our branch or contact us to open your Daily RD account.
  2. Set Your Daily Contribution: Choose an amount that fits your budget.
  3. Start Saving: Contribute daily and enjoy peace of mind with secure savings.
  4. Receive Returns at Maturity: Earn guaranteed flat interest on your savings.

 

Start Your Journey to Financial Growth!

Secure your future with our Daily Recurring Deposit Plan, offering a flat 8% interest rate and easy daily deposits. Contact us now to open your RD account and begin your savings journey today!

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