Recurring Deposite



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Recurring Deposite

Sant Nagebaba Multistate's Recurring Deposit helps you build your savings through systematic deposits, every month. Earn a higher interest rate depending on the amount of instalment and the deposit period, on your Recurring Deposit. Open a Recurring Deposit online with minimum monthly instalments of Rs. 500 while the maximum can run into multiples thereof with no maximum limit. Earn interest for a minimum tenure of 6 months or a maximum of 10 years on your Recurring Deposit.

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Minimum Investment of Rs. 500
saleprice
Flexible Tenure
purchase
Hassle-Free Opening
accounts
Save Regularly
Build your savings on a regular basis

Save through fixed monthly deposits over a fixed period. Total repayable amount, inclusive of interest depends on the instalment amount and the deposit period.

Enjoy benefits with a Short Minimum Tenure

6 months only

Facility to encash Term Deposits prematurely

For Rupee Term Deposits of a contracted amount less than Rs. 5 Crores opened/renewed on or after May 1, 2014 (including Flexi deposits)...

The opening of a Fixed Deposit requires you to submit certain documents depending on your eligibility. Please go through the list carefully as some documents differ as per the type of entity.

Documents required from individuals, Hindu Undivided Families, and sole proprietorship firms, when applying for a Fixed Deposit:

. A valid Passport or a valid Driving License
. An introduction by any other bank or an introduction by an Sant Nagebaba Multistate Savings Account holder for the last six months
. A photograph

Documents required from Trusts for a Fixed Deposit:

. Copy of the Trust Deed
. Copy of the Registration Certificate
. Copy of the Resolution of Trustees authorising the members concerned to open and operate the account
. Photographs of the members operating the account

Documents required from Associations / Clubs when applying for a Fixed Deposit:

. Bye-laws of the Association
. Copy of the Resolution by the board authorising the members concerned to open and operate the account
. Photographs of the members operating the account

Documents required from Partnership firms when applying for a Fixed Deposit:

. Partnership Deed
. Letter from partners approving the persons concerned to open and operate the account
. Photographs of the persons operating the account

To open a Fixed Deposit with Santnagebaba Multistate, you will have to submit a duly filled Fixed Deposit application form. Download the Fixed Deposit application form, below.

Download Recurring Deposite Form (For Existing Customer)
Download Recurring Deposite Form (For New Customer)