- Payment of fixed amount, which is in multiple of Rs.500/-, is made every month.
- Duration is 1 to 10 years.
- Rates of interest on Recurring Deposits account are as per rates offered on fixed deposits.
- Re-payment with interest on maturity date.
- Loan can be granted up to 90% of the accumulated deposit amount against the pledge of Pass Book in case of need.
- Minimum amount is Rs.500/-.
