Reinvestment Deposit

This deposit is a term deposit scheme where an investor deposits certain amount of money and interest is added to the principle after every quarter and the customer gets compounded interest together with the principle on the maturity date. Any Individuals, firms, corporate bodies, clubs, associations etc. are eligible to deposit in this scheme. A minimum deposit of Rs.100 is required and additions can be in multiples of Rs.100. Deposit period shall be from 1 year to 120 months and above in multiples of 3 months.