Daily Recurring Deposit

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DENOMINATION AMOUNT	12 MONTH		24 MONTH		36 MONTH		48 MONTH		60 MONTH
	Deposit Amount	5%	Deposit Amount	5.50%	Deposit Amount	6%	Deposit Amount	6.50%	Deposit Amount	7%
2000	720000	732974	1440000	1469808	2160000	2211389	2880000	2958613	3600000	3712382
1000	360000	366487	720000	734904	1080000	1105695	1440000	1479307	1800000	1856191
700	252000	256541	504000	514433	756000	773986	1008000	1035515	1260000	1299334
500	180000	183244	360000	367452	540000	552847	720000	739653	900000	928095
300	108000	109946	216000	220471	324000	331708	432000	443792	540000	556857
200	72000	73297	144000	146981	216000	221139	288000	295861	360000	371238
100	36000	36649	72000	73490	108000	110569	144000	147931	180000	185619
50	18000	18324	36000	36745	54000	55285	72000	73965	90000	92810
30	–	–	–	–	32400	33171	43200	44379	54000	55686
20	–	–	–	–	21600	22114	28800	29586	36000	37124
15	–	–	–	–	16200	16585	21600	22190	27000	27843
10	–	–	–	–	10800	11057	14400	14793	18000	18562

Terms & Condition

It is compulsory for every account holder to purchase share at least Rs. 100 / -.
Membership fee of Rs.10 / – and stationery fee of Rs.40 / – is mandatory.
The minimum investment amount can be quoted at Rs. 10 / – and multiply in Rs. 10 / -.
Annual compounded interest is given on each account.
The account will not be able to close the account before the expiry date.
TDS will be applicable as per Income Tax Rule 1961.
No interest will be paid after the expiration of the account.
There will be no loan facility on irregular accounts.
The loan will not be available on the deposited 6 months ago.
The balance depositing of the remaining amount of irregular accounts will come into regular.
The loan amount will be in excess of 50% to 80%.
Interest rates on the loan will be 18% of the minimum annual.