ELIGIBILITY

Individuals, Institutional/Corporate investors/Government undertakings for their special need such as sinking/ amortization funds

PERIODICITY OF

INSTALMENT

Quarterly/half-yearly / yearly

INVESTMENT

Minimum of Rs.10000/- and in multiples of Rs.1000/-

PERIOD

Minimum: 5 years
Maximum: 20 years (in steps of three months)

RATE OF INTEREST

As applicable to regular RD

CALCULATION OF

INTEREST

Each quarterly / half-yearly / yearly instalment will be treated as a separate KDR, maturity value is created as per KDR scheme

LOAN FACILITY

Available

NOMINATION FACILITY

Available

APPLICATION AND DOCUMENTS

Application Form
Form 60 or 61 (if customer does not have PAN Card)
Photograph of depositor/s (2 copies)
Proof of address as per KYC Norms
Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc