Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
In recurring deposit account Minimum amount Rs.100/- and multiplies of 100/- is accepted every month for a specified period (1 year to five year) and the total amount is repaid with interest at the end of the particular period.
Features of MABEN Recurring Deposit Account
- In MABEN , minimum amount that can be deposited is Rs. 100/- at regular intervals.
- The period of deposit is minimum 1 year and maximum five years.
- The most attractive rate of interest of 9.00% p.a .with effect from 4th March 2019
- Providing the loan facility .The loan can be given upto 90% of the amount standing the credit of the account holder
- For premature settlement, 2% less than the contratced rate will be applicable.
For more details please contact 9497490002 / 9497490011/8086099725
Recurring Deposit Calculator
MABEN NIDHI LIMITED
REGD OFF BLDG NO. IV-709 B, FIRST FLOOR ,JP TOWER, NEAR HIGH SCHOOL JUNCTION VALAPAD, TRIPRAYAR
TRICHUR - 680001,State Code: KL, GSTIN/Unique ID: 32AABCM5733E1ZW