In a Recurring Deposit scheme, the investor has to deposit a fixed sum every month which will build up a savings discipline. A recurring deposit might just be the right financial product if you are planning short-term situations that require financial assistance yearly education fees for your Kids if you are employed higher education costs if you own a home, and furnishing and renovations costs. Overseas vacation managing marriage expenses.

• DEPOSIT (Interest) UPTO 12% p.a 
• Minimum amount of Recuring deposit Rs. 500/-
•  Pre-mature payment allowed.
• No. TDS.
• Automatic SMS for all transactions in the account