Recurring Deposit

Build your savings on a regular basis, save through fixed monthly deposits over a fixed period. Total repayable amount, inclusive of interest depends on the installment amount and the deposit period. Enjoy benefits with a short minimum tenure.

Below mentioned are the detailed features:-

Particulars Charges
Minimum Investment Amount Rs.100/-
Maximum Investment Amount No Maximum Limit
Minimum Tenure 6 Months
Maximum Tenure 10 Years
Penalty on Premature Withdrawal 1%(Not Applicable for closure within 7 days)
Penalty for Non Payment of Installment Rs.2/- per Rs.100/- per month

To apply or know more, you may visit nearest Utkarsh Bank Branch.