Recurring Deposit Scheme

Raj Ganga MultiState offers a Recurring Deposit (RD) Scheme, which is a popular investment option among customers. A Recurring Deposit (RD) is a financial product that allows customers to save a fixed amount of money every month over a predetermined period. It combines the benefits of systematic savings with the returns of a fixed deposit. Opening a Recurring Deposit with Raj Ganga MultiState is a strategic way to cultivate a disciplined savings habit while earning attractive returns on your investment.

Recurring Deposit Chart

Monthly Investment	12 Months	24 Months	36 Months	48 Months	60 Months
500/-	6,248/-	13,018/-	20,385/-	27,783	35,498
1000/-	12,494/-	26,035/-	40,770/-	55,483/-	71,933/-
2000/-	24,993/-	15,074/-	81,542/-	1,10,972/-	1,41,983/-
5000/-	62,477/-	1,30, 984/-	2,03,855/-	2,77,422/-	3,54,957/-

Rajganga for Your Future Savings?

Fixed Monthly Installments

A fixed amount is deposited every month into the RD account.

Loan Facility

Customers can avail loans against their RD accounts, typically up to 75-90% of the deposit amount.

Premature Withdrawal

Permitted, though it may attract a penalty and reduced interest.

Guaranteed Return

Interest rates are fixed at the time of opening the account, providing assured returns.

Nomination Facility

Allows account holders to nominate a beneficiary.

Tax Benefits

The interest earned is taxable, but the RD can be part of overall tax planning strategy.