Secure your future with Meghalaya Rural Bank’s Recurring Deposit (RD) accounts. Our RD accounts offer you a convenient way to save regularly and earn attractive interest rates, helping you to build a substantial savings over time.
Key Features
Flexible Tenure: Choose a deposit term that suits your financial goals, ranging from 6 months to 10 years.
Attractive Interest Rates: Enjoy competitive interest rates to maximize your savings.
Regular Savings: Deposit a fixed amount monthly, making it easier to save consistently.
Secure Investment: Guaranteed returns with minimal risk.
Benefits
Auto-Debit Facility: Set up an auto-debit from your savings account to ensure timely deposits.
Premature Withdrawal: Option to withdraw your deposit before maturity, subject to applicable terms.
Loan Against Deposit: Avail loans against your RD to meet urgent financial needs
Easy Account Opening
You can conveniently open a Recurring Deposit account via Mobile Banking and Internet Banking:
Mobile Banking: Use our mobile app to open an RD account anytime, anywhere. Simply log in, navigate to the RD section, and follow the prompts to set up your account.
Internet Banking: Access your account online, select the RD option, and complete the setup process in a few simple steps.
Interest Rate
Sl. No.
Maturity Period
Interest Rate
Senior Citizens
Others
4
1 Year but less than 3 Years
7.50%
7.00%
5
3 to 10 Years
7.00%
6.50%
Start saving today with Meghalaya Rural Bank’s Recurring Deposit and watch your savings grow effortlessly!
