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    RECURRING DEPOSIT



1.Individual in personal capacity can open


2.Individuals in joint names can open


3.A minor with natural guardian can open


4.Application form necessary


5.Rate of interest as applicable to F.D rates


6.Minimum deposit amount Rs.100 and in multiples of Rs.100


7.Minimum Period 12 months


8.Loan and nomination facility


9.Facility of pre-mature payment


10.Monthly deposit of instalments


11.Monthly instalments can be transferred from Savings Bank / Current Account



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