Recurring Deposit Scheme

The Recurring Deposit (RD) account lets member’s to deposit a fixed installment every month on which they earn a cumulative return (Yearly Compounding) on maturity. DMPAY Nidhi Ltd. provides Recurring Deposit (RD) interest rates depending on the tenure of the Recurring Deposit (RD).The small monthly savings in the Recurring Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis. The account can be opened by individuals.