Recurring Deposit (RD)

Recurring Deposit (RD)

Interest rates effective from 1st July, 2015

Recurring deposits are a special kind of Term Deposits offered by Ujjawal Nidhi India Limited 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 Ujjawal Nidhi India Limited . 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.

( For Investment Of RS/- 100 per month )

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