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Comparative Study of Two Banks

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Comparative Study of Two Banks
Regular Recurring Deposit
Features & Benefits Fixed monthly installments are being remitted to Recurring Deposit by a Standing Order, ECS Mandate or by regular direct remittance Opening Balance: Rs.500/- Interest Rate: As applicable for term deposits including the benefits of Senior Citizens TDS in Interest: No TDS as per current regulations Deposit Tenor: 12 months to 120 months Nomination facility: Available Premature Closure: Allowed
|[pic] |
| |
| |
|Eligibility : |
|An Individual, firm, partner & company, can open recurring deposit account. Even a minor can open Recurring deposit account with us. |
|It is ideal for Doctors, Engineers, Businessmen, students, household women etc. |
|Amount of Deposit : |
|Monthly installment with a minimum Rs.50/- and in multiples of Rs.10/- thereafter |
|Period of Deposit : |
|Minimum 6 months to maximum 120 months. |
|Mode of Payment |
|By deposit of
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