• NRI
  • Corporate Banking
  • MSME
  • Institution
  • Agriculture
  • Careers
  • About Us
  • Investor's Relations
  • Contact Us
    • Banner

    Navarathnamala Recurring Deposit Account

    • Installments can be remitted for 36 / 48 / 60 months
    • Account can be opened for either 60 months with 36 months installments or 120 months with 36 / 48 / 60 months installments
    • A unique mixture of monthly savings and reinvestment plans
    • Lump Sum repayment of Rs. 10,000, Rs. 20,000, Rs. 30,000, Rs. 50,000 & Rs. 1,00,000 etc
    • Scheme is also open to Non Resident Individuals. NRE accounts are fully exempted from the provisions of TDS
    • A single person / entity can open any number of Navarathnamala accounts
    • Premature closure is allowed subject to penalty
    • Nomination facility is available
    • Standing Instruction / ECS facility available
    • Loan against the deposited amount is available. Further, the deposit amount can also be offered as security for other credit facilities