Recurring Deposit is a financial product specifically designed for monthly income group like salaried class. The investors can systematically invest from their savings every month periodically and earn interest on par with fixed Deposits.
Recurring deposits are accepted with a minimum of 6 months period and maximum of 10 years
Months
Interest Rate
Invested Amount
Maturity Value
ROI
up to 12
9.50 %
12,000.00
12,609
9.50 %
13 to 24
10.00 %
24,000.00
26,546
10.50 %
25 to 36
10.25 %
36,000.00
41,994
11.33 %
37 to 48
10.50 %
48,000.00
59,246
12.27 %
49 to 60
10.75 %
60000.00
78,626
13.32 %
61 to 72
11.00 %
72,000.00
1,00,522
14.50 %
72 to 84
11.00 %
84,000.00
1,24,283
15.37 %
84 to 96
11.00 %
96,000.00
1,50,658
16.30 %
96 to 108
11.00 %
1,08,000.00
1,79,934
17.31 %
108 to 120
11.00 %
1,20,000.00
2,12,430
18.39 %
