Recurring Deposit
Recurring Deposit Account
AKPS Nidhi has placed recurring deposits option as sensible option for housewives and others. It requires you to deposit a small amount of money every month! And earn total accumulated amount plus interest accrued.
Flexible recurring Deposit
Offers an interest rate of 9%
0.25% interest for Senior Citizens & Womens
80% Loan after 6 month against RD Principle amount
Useful for planning short term goals
Recurring Deposit Account Eligibility Criteria
Any individual Any minor who is above 10 years of age is eligible to open a recurring deposit account if he or she provides proof of the name Any minor who is below or equal to 10 years of age under the guardianship of natural or legal guardian Any corporate, company, proprietorship or commercial organization
Documents Required for Opening Recurring Deposit Account
Address Proof Documents ( Voter Id, Driving Lincence or any other ID Proof) Aadhaar Card Pan Card Two Passport Sized Photos
Features of Recurring Deposit
| Features | Recurring Deposit Account |
|---|---|
| Rate of Interest | 9% |
| Loan on RD | Yes |
| Net Banking | Yes |
| Mobile Banking | Yes |
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