Invest fixed sum of amount on monthly basis in Recurring Deposit and get attractive interest rates.

Recurring Deposit allows customers with an opportunity to build up their wealth securely through regular monthly deposit of fixed sum over a period of time.

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates
  • Upto 9.6% for Senior Citizens
  • Upto 9.00% for Individuals
Flexible Tenor Options
  • Minimum Tenor
  • Maximum Tenor

  • 6 Months
  • 10 Years
Minimum Amount As low as ₹ 100
Deposit Multiples As low as ₹ 100
Ease of Booking Open RD on click of a button using internet or mobile banking.

Interest Rates for Recurring Deposits

Tenor Regular RD
Interest Rate (p.a)

Effective Date-14/12/2018
Senior Citizen RD
Interest Rate (p.a)

Effective Date-30/01/2019
0 - 1 month 0.00% 0.00%
> 1 month - 6 months 6.00% 6.60%
> 6 months - 12 months 8.50% 9.10%
> 12 months - 24 months 8.50% 9.10%
> 24 months - < 36 months 8.50% 9.10%
= 36 months 9.00% 9.60%
> 36 months - 60 months 8.50% 9.10%
> 60 months - 120 months 7.00% 7.60%

* The interest is computed based on the actual number of days in a year i.e. 365 days for a nonleap year and 366 days for a leap year. The tenor of Deposit is calculated in number of days.

* In case of premature withdrawal of the recurring deposit, penalty of 0.5% will be applied on the applicable rate of interest for the duration which the deposit is maintained with us.

* In case of premature withdrawals, the relevant tenor rate will be applicable as defined in the rate card at the time of booking the RD.

* The minimum tenor should be 6 months.

* The minimum amount should be ₹ 100.

* The amount should be in multiples of ₹ 100.

How to Apply

  • Existing customers can open Recurring Deposit through Jana Mobile Banking Application and Jana Internet Banking.
  • Visit the nearest Jana Bank branch and open Recurring Deposit
  • You can also contact us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.

Required Documents

Click here for the list of KYC documents required to open an Account.

Frequently Asked Questions    |   Terms & Conditions