Any individual (a single adult or two adults jointly) can open an
account.


Advance Deposits earn rebate.

Four defaults are allowed.

Maturity period is 5 years

Can be continued for a further period of upto 5 years

Loan facility available once in every 5 years.

Premature closure allowed after three years.

Pay Roll Savings Scheme is also available for employees of various establishments
Type of Account
Minimum Deposit
Maximum Deposit
    Individual Account
    Rs. 10/- and in multiples of
    Rs. 5/- thereafter
    No limit.
Click here to download Recurring Deposit Rules pdf file
Recurring Deposit

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