Recurring Deposit


It is a basic saving plan which helps you to regulate your savings and get the benefits from time to time. As it is a monthly saving plan, one can get a huge amount after completion of certain period as per the terms & conditions of the deposit schemes. 


  • The Account holder must become a share holder of the society 


Terms and conditions of the schemes: 


  • Min. amount required to open a account Rs. 100/-
  • Subsequent deposit is in multiples of Rs.100/-
  • No maximum ceiling amount
  • Min. Period is 12 months
  • Max. Period 60 months
  • Interest will be Compounded quarterly basics.
  • Nomination facility is available
  • On pre-matured withdrawal of deposit interest will be calculated @ 1% below the rate applicable for the period of deposit. 
Documents Required: 
  • Passport size photograph
  • Proof of residency
  • Identity proof
Online Application Download Pdf