Star Flexi Recurring Deposit

Star Flexi Recurring Deposit

At all our Domestic Branches

Individuals & Joint Accounts (Including Minors)

Available

Minimum Core Monthly installment amount:

  • Rs.500/- and in its multiples - In respect of Metro and Urban branches
  • Rs.100/- and in its multiples - In respect of Rural and Semi-Urban branches -

The Maximum Core Monthly Installment would have no Upper Limit.

Any amount in multiples of core monthly installment initially opted at the time of opening of account.

Maximum Flexi installment can be any number of times of the core monthly installment.

Minimum 12 months.

Maximum 10 years. (In multiples of 3 months only)

  • Core Installments (Fixed Rate) - As applicable for the period for which the A/c is opened.
  • Flexi Installments – Applicable rate at the time of deposit of the Flexi Installment*

As per applicable rules for delay / non-receipt of core installments.

Permitted as per existing rules

As applicable to existing RD Scheme.

No advance core installments. Amount deposited above core installments will be considered as Flexi installments for that month.

Standing Instructions will be accepted only for the core installments.

Star-Flexi-Recurring-Deposit