Notice
Officers
  • chairman
  • Grievance handling officer
  • Bharat Kumar Chimariya
  • Grievance Handling Officer
  • Email:
    Click to reveal 👁
  • Phone No: 01-5180182
  • Compliance Officer
  • Pramod Kumar Ghimire
  • Compliance Officer
  • Email:
    Click to reveal 👁
  • Phone No: 01-5180182

Recurring Deposit

Image is of Recurring Deposit

The "Regular Savings" account has a duration of one month to one year. You can deposit various amounts into this account during this period. Checkbook services are not available with this savings account. The deposited amount cannot be withdrawn until the end of the specified term. After the term ends, you can withdraw both the principal amount and the interest earned. This account allows you to take a loan of up to 90% against the deposited amount. The loan period can be shorter than the term of the deposit, and the interest rate on the loan is set at 2% higher than the interest rate on the related savings account. Interest is calculated on a daily basis in this account and paid out on a quarterly basis.