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Recurring Deposit

Recurring Deposit

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

  1. In MABEN , minimum amount that can be deposited is Rs. 100/- at regular intervals.
  2. The period of deposit is minimum 1 year and maximum five years.
  3. The most attractive rate of interest of 9.00% p.a .with effect from 4th March 2019
  4. Providing the loan facility .The loan can be given upto 90% of the amount standing the credit of the account holder
  5. For premature settlement, 2% less than the contratced rate will be applicable.

For more details please contact 9497490002 / 9497490011/8086099725

Recurring Deposit Calculator

This Calculator gives you the return on the investment made in  monthly installment.
Effective yield is the actual return on the deposit.

Monthly Deposit Amount Rs:
Time Period Months
Interest Rate
Frequency of Compounding
Maturity Amount   Rs
Effective yield  %
Contact
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
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