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RECURRING DEPOSITS

Recurring Deposit is a special kind of Term Deposit offered by MATHURA BENEFIT NIDHI LIMITED which help members with regular incomes to deposit a fixed amount in every month into their Recurring Deposit account and earn interest at the rate applicable.

Eligibility :

  • Member of the MATHURA BENEFIT NIDHI LIMITED Holding either single account or joint account with other family members’ viz., father, mother, wife, son or daughter with regular source of income.

Recurring Deposit Features & Benefits:-

  • The Recurring deposit account is an account in the bank where an investor deposits a fixed amount of money every month for a fixed tenure.
  • Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
  • Recurring deposit scheme is meant for investors who want to deposit a fixed amount every month, in order to get a lump sum after some years.

SNo.Plan TypeMinimum InstalmentROI(%)MAturity Amount(Rs)
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