Money can be deposited into an account on daily basis. The amount may be as small as you can provide. The money is deposited almost daily.This scheme is introduced to help daily wage earners, small traders and farmers to inculcate a saving habits and also as a means to fund their bigger capital requirements, such as a wedding, home buying, vehicle purchase etc.
S.N. | Scheme Name | Deposit Amount | Maturity Amount | Tenure | Interest Rate |
---|---|---|---|---|---|
1 | DAILY RECURRING DEPOSIT (DRD) | 100 | 38370 | 1 YEAR | 5-7% |
2 | DAILY RECURRING DEPOSIT (DRD) | 200 | 76740 | 1 YEAR | 5-7% |