Recurring Account

Recurring Deposit is a systematic monthly savings account which yields high interest on par with that of Fixed Deposit. You can plan to save your earnings to meet your future obligations/requirements i.e. Children Education, Daughter’s Marriage, Purchasing a house, Buying Car etc., This is a unique monthly Deposit Account which earns interest amount. This Account facilitates the depositors to avail loan/overdraft against their deposits during exigencies, repayable before maturity of your Deposit.

Wide Choice in Period of Deposit
Flexibility in period of deposit with maturity ranging from 12 months to 120 months.
Low minimum monthly deposit amount of ₹ 100.00.
Choose the amount you wish to invest and the maturity period.
Eligibility
Rate of Interest
As applicable to Term Deposits.
Nomination facility
Available
Loan / Overdraft facility
You can avail a loan/overdraft against your deposit. Provides loan / overdraft upto 85% of your deposit amount at nominal cost i.e. 2% p.a. above on the interest earned on your deposit. So you continue to earn interest in your deposit and still can meet your urgent financial requirements.
Transferability
Transfer of Recurring Deposit accounts between our wide network of branches without any charge.
Maximum Balance :
₹ 50,000.00, If the balance exceeds ? 50,000.00, normal SB rules & levy of charges will be applicable.
Important Information
Monthly ₹ 100.00 (no maximum)
Deposit in Multiple of ₹ 10.00
Monthly instalments can be deposited on any working day of the month irrespective of the date of deposit.
Minimum period is 12 months maximum is 120 months.

Reach Us

    LANGPI DEHANGI RURAL BANK
    HEAD OFFICE :: DIPHU
    KARBI ANGLONG
    ASSAM-782460
    E-MAIL : ldrbank@rediffmail.com
ATM TOLL FREE NO

1800-3000-0620

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