Best Flexible RD (Recurring Deposit) Scheme 2017:
Recurring Deposit – An ideal scheme of monthly savings for salaried people,businessmen,professionals etc.Small amounts saved every month for a long period come in handy to meet large financial commitments in the future.
Among the Flexi RD Scheme by many banks , the Flexible RD Scheme provided by Syndicate Bank seems more attractive .
product Name : Synd Rd Plus
Minimum Deposit : 500 – 100000 rs per month (Core amount)
Customer can deposit 10 times of core amount by every month . For Example if we deposit Rs.1000 in the 1st month , then we can deposit upto 10,000 from the upcoming months , and this payment can be made in any number of installments
Penality for late Payment : NO , there is no penality for late payment , customers can pay by any time within that month
Penality for pre-mature closure : You can close this RD acount at any time , you can get the interest accruded till that date , No Penality for pre-mature closeure apply .
Interest : Check The Latest Bank Interest Rates