A Reinvestment Deposit Plan basically allows you to reinvest the interest earned on your deposit.
If you would like to retain your deposits and accumulate it with interest, you can apply for a Reinvestment Deposit Plan. You could use these deposits to meet any expenditure in the future... children's education, marriage etc.
1. The interest on your deposit also earns interest.
2.You can close your deposit prematurely without any difficulty.
The minimum deposit amount is Rs. 1,000/-. Initially deposits should be made only in multiples of Rs. 100/-. Renewals can be made in any amount.
While all efforts have been made to update the information, constituents are requested to contact the branches for latest details. The minimum deposit amount is Rs. 1,000/-. Initially deposits should be made only in multiples of Rs. 100/-. Renewals can be made in any amount.While all efforts have been made to update the information, constituents are requested to contact the branches for latest details.