How to Apply for Recurring Deposit

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How to Apply for Recurring Deposit
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How to Apply For RD

• To invest in recurring deposit the depositor may
  invest through physical application form.
• Application for recurring deposits should be made
  only on the forms prescribed by the Company along
  with A/c payee cheque favoring Shriram.
• Completely  filled application form along with
  the necessary documents Company favoring
  Cheque/DD are to be sent to the nearest branch of
  the company.

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Why recurring deposit is the best investment?

• Guaranteed returns
• Flexible Timeline
• Higher Interest Rates
• Mitigates Risk

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Shriram RD Interest Rates

• INTEREST RATES-ON RECURRING DEPOSITS (w.e.f. 1st
  August 2021)

Period (months) Rate (p.a. at Monthly rests) Maturity value for monthly installment of Rs. 500/-
12 7.03 6,230
24 7.12 12,930
36 8.18 20,460
48 8.34 28,565
60 8.5 37,500
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