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Home » Deposits » Fixed Deposits » Recurring Deposits: General Scheme
Recurring Deposit   
A basic saving plan, which helps you regulate your savings and reap its benefits from time to time. Also avail up to 90% of the deposit amount by way of loan/overdraft.

Key Benefits
 Regularises savings by encouraging a saving habit.

 Loan/Overdraft facility up to 90% of the deposit amount.

 Provision for nomination.
 
Terms & Conditions
 Minimum amount required to open an account - Rs. 50/- .Subsequent deposits in multiples of - Rs. 50.

 Deposit Tenure:
          Minimum - 12 months.
          Maximum - 120 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.
 
 To know the current interest rates Click here.
 
For further details, please contact Baroda Rajasthan Gramin Bank Branch nearest to you.

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