- Customer has to select the core amount at the time of opening of the RD account and deposit the same initially as first installment.
- Minimum Core amount is Rs. 500/- and multiples of Rs.100/- thereafter and maximum core amount is Rs. 1,00,000/-
- Customer can deposit up to 10 times of the core amount as installment per month from the subsequent months.
- The installment can also be deposited one or more times during a month subject to maximum ceiling of 10 times of the core amount.
- Minimum period 12 months or more in completed quarters up to a maximum period of 60 months
- No penalty will be charged for premature withdrawal of RD.
- Interest rate is as applicable to Term Deposits of the corresponding Tenor. Interest is calculated on daily product basis & credited to RD Account quarterly.
