Recurring Deposit is a flexi deposit account that provides an attractive interest rate whereby the customer who have maintained the saving account can arrange the periodic savings and accumulate them into a single Recurring Deposit Scheme.
Features
| Monthly Installment Amount | Minimum of NPR 500/- or in the multiple of NPR 500/- per month |
| Tenure | 3 months to 5 years Or As per published interest rate of Bank |
| Interest Rate | As per the published interest rate of the Bank |
| Interest Calculation | Interest Calculation on daily basis and payable on Quarterly basis. |
| Monthly installment date | Every 25th day of English month |
| Loan against FD | 90% of existing balance in recurring FD can be availed for loan |
Timrai Lagi Fixed Deposit
