Recurring Deposit is a product where you have to deposit money every month to get a cumulative return at the end of the tenure.
RD products are available for tenure ranging from 12 months, 24 months, 36 months, 48 months, 60 months giving returns 9.00% , 10.00%, 11.00%, 12.00%, 12.00% per annual respectively.
| Year | Monthly Deposit | Percentage | Maturity amount |
|---|---|---|---|
| 1 Year | 1000/- | 9.00% | 12597/- |
| 2 Years | 1000/- | 10.00% | 26644/- |
| 3 Years | 1000/- | 11.00% | 42746/- |
| 4 Years | 1000/- | 12.00% | 61679/- |
| 5 Years | 1000/- | 12.00% | 82281/- |
