Recurring Deposit is a special kind of Term Deposit offered by LAMJINGBA NIDHI LIMITED which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and LAMJINGBA NIDHI LIMITED offers best recurring deposit plan in among companies. It is similar to making FDs of a certain amount in monthly installments, for example Rs 500 every month. This deposit matures on a specific date in the future along with all the deposits made every month. Thus, Recurring Deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time. Minimum Period of RD is 12 months and maximum is 5 years.
*Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the office