Recurring Deposits
Recurring Deposit is a investment tool that allows you to build your financial future over time by depositing a preset amount of money on a monthly basis.
Gayatri Bank’s Recurring Deposit Scheme makes sure you receive attractive interest rates on your investment.
Overview
Minimum Deposit
₹ Rs.100/-
Flexible Tenure
365 Days - 12O Months
Additional Interest for senior citizen
0.50%
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Deposit Insurance
Deposit Insurance on Deposits up to Rs. 5 Lakh is Applicable through DICGC, India.
The Deposit Insurance System in India is subject to the Provisions of Deposit Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee Corporation (Wholly owned subsidiary of the Reserve Bank of India) is the body that operates the deposit insurance system.
To download more information click the following link : DICGC
(Website : www.dicgc.org.in )