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Recurring Deposit

Recurring Deposit Schemes

KANYAKA BANK FLEXI RD - Salient Features of the scheme
The scheme offers greatest flexibility in deciding deposit amount to suit your circumstances.  You decide a core amount to be deposited per month but you are allowed to deposit extra amount in any month / months to the tune of 25 times (in multiples of the core amount decided by you.  This extra amount starts earning interest at the same higher rate for which account has been opened.

Who can open the account ?  :  Individuals in Single or Joint names, HUF, RD Account can be opened in the name of minor also.