[nilesh]

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Can you provide me the Deposit Calculator of Abhyudaya Bank as I want to check the advantages in opening a Recurring Deposit Account in the Bank?

[vikash]

The advantage in opening a Recurring Deposit Account with Abhyudaya Bank is that the depositor would be able to save certain sums in fixed monthly instalments so that one would be able to meet an anticipated liability / obligation after the end of a specified period

Deposit Calculator

Visit the below given link:
abhyudayabank.co.in/english/DepositCalc.aspx

Fill in all the required details and submit

That page will look like this:




Recurring Deposit
• Who can open an account :
• Any person or persons approved by the Bank.
• Co-operative Societies, Registered Trust, Institutions and Associations.
• By two or more persons in their joint names.
• By a natural guardian i.e. father or mother approved by the bank on behalf of a minor.

• Minimum Deposit :
Rs. 50/-

• Interest :
• Interest will be paid on the deposits at the rate in force from time to time.
• Interest amount will be paid at the time of maturity.

Pass Book:
The Bank will issue a Pass Book showing the name, address, instalment amount, the period for which the deposit is accepted, maturity date and maturity amount.

• Loan Against Deposit:
90% Loan against deposit amount is available.