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A Recurring Deposit (RD) allows you to save a fixed amount monthly, promoting disciplined savings. It offers benefits like higher interest rates, guaranteed returns, and flexible tenures. Kadalundi Bank’s RD scheme provides online setup, goal tracking, and no penalties for missed payments, making it ideal for goal-based savings.
| Recurring deposit tenure | Minimum amount | Interest rates |
|---|---|---|
| 6 months to 10 years | INR 10 | 2.5% to 8.5% |
