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E-Stamping facility is available at both Head Office and Branch Office

Attractive rates of Interest for deposit morethan 3 Years at 8.25% for senior citizen Fixed Deposit Accounts.

“KAMMA CASH CERTIFICATE doubling scheme (YOUR MONEY WILL BE DOUBLED IN JUST “90 MONTHS”).

Gold Loan upto 15 lacs at an attractive rate of interest of 11.00% per annum.

Loan facility availabe upto 80% of the bond value for both Fixed Depost and KAMMA CASH CERTIFICATE.

Housing & Mortgage loan up to 1 Crore and Commecrial Property Loan up to 4 Crores at an attractive rate of interest.

The Recurring deposit account is an account where an investor deposits a fixed amount of money every month for a fixed tenure (mostly ranging from one year to five years). This scheme is meant for investors, particularly for fixed income group, who want to deposit a fixed amount every month, in order to get a lump sum after certain conveniently fixed period. 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. Longer the period for which monthly deposits are agreed to be made higher is the rate of interest.

This is an ideal plan to cultivate the habit of regular savings. Monthly regular saving builds a good corpus to provide for your short Term as well as long Term financial requirements.


Eligibility:
Individuals- Single Account
Two or more Individuals- Joint Accounts
Illiterate persons
Minors

Key Features of the Scheme:
• Monthly deposit of Minimum ₹ 100/- and in multiple of ₹ 100/- No maximum limit
• Minimum period of 12 months and maximum 120 months
• Loan up to 90% available against the balance in R D Account
• Premature withdrawal available and for this rules are applicable
• Nomination facility is available and advised to avail of this facility
• Passbooks are issued


Rate of Interest
1 Year – 7.50 %
2 Years – 8.50 %
3 Years and above - 9.00 %