Recurring Deposit – VaibhavSociety.com

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Recurring Deposit (RD) offers a fixed interest on the invested amount at a specific frequency up to maturity. At the end of the term, the amount upon maturity (your invested capital), along with the remaining or accumulated interest, is paid.

Features:-

RD A/c will be open with a Minimum amount of Rs.500.
All RD accounts will be opened for Society Members Only.
No Interest Payable to Defaulters Members.
The minimum Duration for RD Account will be 12 Months.
The due Date is the 1st to 15th of Every Month if RD will Open in this period. And 16th to 30th of every month if RD will open in this period.
Members can check their balances at https://netview.vaibhavsociety.com.

RD Scheme in 12 Months @ 8.50%

Monthly Deposit(Rs.)	Total Deposit(Rs.)	Interest(Rs.)	Maturity(Rs.)
500	6,000	276	6,276
1,000	12,000	552	12,552
2,000	24,000	1,105	25,105
5,000	60,000	2,762	62,762
10,000	1,20,000	5,525	1,25,525

RD Scheme in 24 Months @ 8.50%

Monthly Deposit(Rs.)	Total Deposit(Rs.)	Interest(Rs.)	Maturity(Rs.)
500	12,000	1,062	13,162
1,000	24,000	2,125	26,125
2,000	48,000	4,250	52,250
5,000	1,20,000	10,625	1,30,625
10,000	2,40,000	21,250	2,61,250

RD Scheme in 36 Months @ 8.50%

Monthly Deposit(Rs.)	Total Deposit(Rs.)	Interest(Rs.)	Maturity(Rs.)
500	18,000	2,359	20,359
1,000	36,000	4,718	40,718
2,000	72,000	9,435	81,435
5,000	1,80,000	23,588	2,03,588
10,000	3,60,000	47,175	4,07,175

RD Scheme in 48 Months @ 9.50%

Monthly Deposit(Rs.)	Total Deposit(Rs.)	Interest(Rs.)	Maturity(Rs.)
500	24,000	4,655	28,655
1,000	48,000	9,310	57,310
2,000	96,000	18,620	1,14,620
5,000	2,40,000	46,550	2,86,550
10,000	4,80,000	93,100	5,73,100

RD Scheme in 60 Months @ 9.50%

Monthly Deposit(Rs.)	Total Deposit(Rs.)	Interest(Rs.)	Maturity(Rs.)
500	30,000	7,244	37,244
1,000	60,000	14,488	74,488
2,000	1,20,000	28,975	1,48,975
5,000	3,00,000	72,438	3,72,438
10,000	6,00,000	1,44,875	7,44,875