Indian Bank Recurring Deposit Scheme Hello brother tell me that what is the Recurring Deposit Scheme of Indian Bank, provide me details for this ? |
Re: Indian Bank Recurring Deposit Scheme Hello friend as you ask for the Recurring Deposit Scheme of Indian Bank so on your demand I am providing you the details….. Interest Application Quarterly compounding Features A recurring deposit scheme with the option of varying the monthly installments is called the Variable Recurring deposit scheme Minimum Amount Initial deposit Rs.25 or in multiples of Rs.25 upto a maximum of Rs. 1 lakh Can vary subsequent monthly instalment subject to a maximum of Rs. 10 lakhs per month. Minimum Period Minimum period – 12 months and the maximum period – 120 months Other Requirements/Details Loan, nomination and foreclosure facilities. No penal interest on delayed payment of instalmentsInterest will be paid on the minimum balance between 10th and last day of the month. TDS not applicable Services of Indian Bank 1. Ind Netbanking 2. Ind Mobilebanking 3. Ind Phonebanking 4. e Payment of Indirect Taxes 5. MCA Payment 6. IndJet Remit (RTGS) 7. N E F T 8. CMS Plus 9. Multicity Cheque Facility 10. IB Swarna Mudra 11. Credit Cards 12. ATM/Debit Cards 13. IB Jeevan Kalyan 14. IB Varishtha 15. IB Chhatra 16. Arogya Raksha Group Health Insurance Policy (By arrangement with M/s. United India Insurance Co. Ltd) 17. e Payment of Direct Taxes 18. New IB Jeevan Vidya 19. Money Gram 20. Jana Shree Bima Yojana (Launched in association with LIC) 21. Universal Health Care (launched in Association with UIIC Ltd) 22. IB Griha Jeevan Group Insurance Scheme for Mortgage Borrowers (launched in Association with LIC) 23. IB Home Suraksha-Group Insurance Scheme for mortgage Borrowers (launched in Association with Kotak Mahindra Old Mutual Life Insurance Ltd) 24. Xpress Money – Inward Remittance – Money Transfer Service Scheme 25. IB Yatra Suraksha (launched in Association with UIIC Ltd) 26. IB Vidyarthi Suraksha (launched in Association with PNB-Metlife) |
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