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Recurring Deposit Scheme - Bundelkhand Vikas Nidhi Limited
Period BVN Alankarit Yojana 1 Year BVN Alankarit Yojana 2 Year BVN Alankarit Yojana 3 Year BVN Alankarit Yojana 4 Year BVN Alankarit Yojana 5 Year
Interest Rate General Sr.Citizen or Female General Sr.Citizen or Female General Sr.Citizen or Female General Sr.Citizen or Female General Sr.Citizen or Female
  7.25% 7.50% 7.75% 8.25% 8.25% 8.5% 8.75% 9% 9.75% 10%
1000 12466 12482 25965 26093 40776 40927 57234 57518 76693 77172
2000 24932 24964 51929 52186 81551 81853 114468 115035 153385 154344
3000 37399 37446 77894 78280 122327 122780 171701 172553 230078 231515
4000 49865 49928 103858 104373 163103 163707 228935 230071 306771 308687
5000 62331 62411 129823 130466 203878 204633 286169 287588 383463 385859
10000 124662 124821 259646 260932 407757 409266 572338 575177 766927 771718
Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
In recurring depost account Minimum amount Rs.100/- and multiplies of 100/- is accepted every month for a specified period (1 year to five year) and the total amount is repaid with interest at the end of the particular period.
Features Recurring Deposit Account:-
➤ Minimum amount that can be deposited is Rs. 100/- at regular intervals.
➤ The period of deposit is minimum 1 year and maximum five years.
➤ The most attractive rate of interest of 9.50% p.a .
➤ Providing the loan facility .The loan can be given upto 90% of the amount standing the credit of the account holder.
➤ For premature settlement, 2% less than the contratced rate will be applicable
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