Monthly saving (recurring deposits)
Recurring Deposit (RD)
Pay a fixed amount every month and get a large sum with interest at the end.
Interest rate
up to8.50%
per year
- Interest rate
- Up to 8.50%
- Period
- 12 to 48 months
- You pay
- A fixed amount monthly
- Minimum instalment
- Ask your branch
Rates can change
If you can't deposit a lump sum or save daily, and you get your salary or income once a month, you can put a fixed amount into a recurring deposit every month for a set period. Traders, professionals and business owners can use it to build their own ‘provident fund’ for the future. The society offers recurring deposits for different periods at attractive rates.
Who is this for?
- Salaried people who are paid once a month.
- People who can't save a lump sum or save daily.
- Traders and business owners building a fund for the future.
How does it work?
- Open a recurring deposit account at a branch.
- Choose the monthly amount and the number of months (12, 24, 36 or 48).
- Pay the chosen amount every month.
- At maturity (when the period ends) you get everything you paid, with interest, in one go.
Features & benefits
- Easy saving for people who earn once a month.
- Attractive rates for different periods.
- A large lump sum at the end: a fund for your future.
- For a fixed instalment and a fixed payout, see the special RDs: Shubhlakshmi, Shubhkarya and Shubhsankalp.
Rate table
12 months
7.50%
24 months
8.00%
36 monthsHighest rate
8.50%
48 monthsHighest rate
8.50%
Rates can change from time to time. · Rates as published on 15 September 2026
Work it out yourself
Enter the amount, rate and period to instantly see what you will receive or what your instalment will be.
= 3 years
Interest method
Maturity amount
₹82,189
8.50% · 3 years · Quarterly
- Total paid in
- ₹72,000
- Interest earned
- ₹10,189
This is an estimate. Actual amounts may differ slightly as per the society's rules. Please confirm at your branch.
Recurring Deposit (RD)
Enquiry form
Fill in your details. Our branch will call you back soon.
Similar schemes
Shubhlakshmi Deposit
Shubhlakshmi Deposit
Pay a fixed monthly instalment for 36 months and receive a fixed amount. Instalments start at ₹1,250.
Shubhkarya Deposit
Shubhkarya Deposit
Start with just ₹300 a month and receive a fixed amount in 66 months, at 9.41%.
Shubhsankalp Deposit
Shubhsankalp Deposit
Pay a fixed monthly instalment for 10 years and receive a large fixed amount, up to ₹10.5 lakh.