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 of Rs.100/- and multiples 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 7.00% p.a .with effect from 04 th August 2020
- 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 contracted rate will be applicable.
For more details please contact 9497490002 /8086099721
MABEN NIDHI LIMITED
REGD OFF BLDG NO. IV-709 B, FIRST FLOOR ,JP TOWER, NEAR HIGH SCHOOL JUNCTION VALAPAD,
TRICHUR - 680567,State Code: KL, GSTIN/Unique ID: 32AABCM5733E1ZW
Recurring Deposit Calculator