Enjoy the facilities of a recurring deposit along with the flexibility of varying monthly instalments and a higher yield.
| Key Benefits |
Regularises savings by encouraging a saving habit.
Loan/Overdraft facility up to 90% of the deposit amount.
Provision for nomination. |
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| Terms & Conditions |
Minimum amount of instalment - Rs.100/- (which can be increased in multiples of Rs. 100/-).
Monthly deposit amount can be increased only up to 5 times of the instalment subject to maximum of Rs. 5000/- per month.
Deposit Tenure:
Minimum - 12 months.
Maximum - 36 months.
Interest will be compounded quarterly and paid on maturity
On pre-matured withdrawal of your deposits, interest will be calculated at 1% below the rate applicable for the period of deposits.
Documents required:
Passport size photograph
Proof of residence
An Introduction as per bank's norms. |
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To know the current interest rates Click here. |
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| For further details, please contact Baroda Rajasthan Gramin Bank Branch nearest to you. |