Recurring Deposit (RD)
| Period | Rate Of Interest (in %) | |
|---|---|---|
| 12 months | 9.50 | |
| 24 months | 10.50 | |
| 36 months | 10.75 | |
| 48 months | 11.00 | |
| 60 months | 11.50 | |
| 72 months | 12.50 |
| Period | Rate Of Interest (in %) | |
|---|---|---|
| 12 months | 9.50 | |
| 24 months | 10.50 | |
| 36 months | 10.75 | |
| 48 months | 11.00 | |
| 60 months | 11.50 | |
| 72 months | 12.50 |
Interest rates effective from 1st July, 2015
Recurring deposits are a special kind of Term Deposits offered by Swanirman Nidhi PVT LTD in our working territories which help people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable by Swanirman Nidhi PVT LTD . Thus, recurring deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time.