Lakshit Muddati/Recurring Deposit (RD)

Minimum Balance 500

Interest Rate 11%

Tenure 3 Months

Lakshit Muddati/Recurring Deposit (RD)

Minimum Balance 500

Interest Rate 11%

Tenure 3 Months

Lakshit Muddati/Recurring Deposit (RD) is an investment tool which permits those with an ability to make regular deposits earn decent returns on their investment. Savings account holders can choose a fixed monthly amount to save and earn higher returns on their investment that will be competitive with that of a regular fixed deposit.

Monthly Investment Amount can be started from minimum NPR 500.00
Term Available: Each scheme can be for 1 year, 2 years, 3 years, 4 years or 5 years
Interest Payment Options
- At Maturity
- Quarterly deposited to the linked savings account
Account holders can choose their own debit date
System will automatically debit the chosen amount on your chosen date
RD account holders will be able to open DMAT account with Laxmi Capital for free
Interest calculation will be on daily basis on the outstanding balance
Loan up to 90% available against your Recurring Deposit balance
No fees or charges will be applicable on missed installments or premature withdrawal