Recurring Deposit

Lakshit Muddati/Recurring Deposit (RD) is an investment tool which permits those with an ability to make regular deposits earn decent returns on their investment. Savings account holders can choose a fixed monthly amount to save and earn higher returns on their investment that will be competitive with that of a regular fixed deposit.

• Monthly Investment Amount can be started from minimum NPR 500.00
• Term Available: Each scheme can be for 1 year, 2 years, 3 years, 4 years or 5 years
• Interest Payment Options
• At Maturity
• Quarterly deposited to the linked savings account
• Account holders can choose their own debit date
• System will automatically debit the chosen amount on your chosen date
• RD account holders will be able to open DMAT account with Laxmi Capital for free
• Interest calculation will be on daily basis on the outstanding balance
• Loan up to 90% available against your Recurring Deposit balance
• No fees or charges will be applicable on missed installments or premature withdrawal

Interest Rate and available terms