Bangiya Gramin Vikash Bank Recurring Deposit
Bangiya Gramin Vikash bank provides recurring deposits. A recurring deposit is better than a fixed deposit. In a recurring deposit, the interest is more, and in a recurring deposit, you can deposit the money monthly. Bangiya Gramin Vikash Bank also provides many recurring deposit features. These recurring deposit features have many facilities.
Bangiya Gramin Vikash bank provides the best recurring deposit. It also has many facilities like premature withdrawals, nomination facilities, and many more things. Many banks provide these facilities.
Bangiya Gramin Vikash Bank RD Rates- Special Features:
There are many features in the Bangiya Gramin Vikas bank. There are many facilities like the nomination facility, premature withdrawals, cap facility and senior citizen facility and many more things. These unique features can be helpful in the recurring deposit. Like there are many unique features like the nomination facility. This facility is available in almost every bank, and you can get these benefits at the Bangiya Gramin Vikas bank.
- Nomination facility: Available
- Premature withdrawals: Available
- Premature withdrawals penalty: 1%
- Tenure time: 14 days- 10 years
- Senior citizen interest rates: 0.50%
- Cap facility: Available
These are some of the Special features in the Bangiya Gramin Vikash Bank.
Bangiya Gramin Vikash Bank Recurring Deposit Schemes Types:
There are many recurring deposit schemes available at the Bangiya Gramin Vikas bank. Some of them are:
- Regular recurring deposit scheme
- Senior citizen recurring deposit scheme
- Tax saving recurring deposit scheme
Regular recurring deposit scheme:
- In a regular recurring deposit scheme, you can get regular recurring deposit schemes. In this scheme, the tenure time will be the same as regular.
- You can get interest rates higher than the fixed deposit schemes.
Senior citizen recurring deposit schemes:
- In the senior citizen recurring deposit scheme, people above 60 years of age can benefit.
- In this scheme, you can get more interest rates rather than the regular recurring deposit schemes.
Tax saving recurring deposit schemes:
- In a tax-saving recurring deposit scheme, you can get the tax benefits. These tax benefits are mainly for the people who have a regular source of income.
- As tax is for the people who have a regular income source, tax benefits are also for them.
- These are some of the recurring deposit schemes in the Bangiya Gramin Vikash Bank.
Bangya Gramin Vikhas Bank RD Account:
If you want to take an RD Account in the Bangiya Gramin Vikash bank, you must first make a bank account in the Bangiya Gramin Vikash Bank. For making an account t firstly, you have to visit the nearest bank, and then you have to fill in the required blanks and then submit some documents. Then you can get the checkbook and passbook by paying some money.
Then you can open an RD Account in the Bangiy Gramin Vikash bank. In this way, you can get an RD Account in the Bangiya Gramin Vikash Bank.
Bangiya Gramin Vikash Bank Recurring Deposit Rates:
Bangiya Gramin Vikash Bank has various types of recurring deposit rates. The recurring deposit rates depend on the amount of the recurring deposit you are depositing and the tenure time you are using, and many more things. These all things can be into consideration for the recurring deposit. With all these factors into consideration, you can get recurring deposits. These recurring deposits depend on various other factors like recurring deposit tenure and many more things. In this way, Bangioy Gramin Vikash bank has a recurring deposit rate.
Bangiya Gramin Vikahs Bank RD Interest Rates 2021
| Tenure time | Interest rates |
| Year 1 | 6.00% |
| Year 2 | 6.00% |
| Year 3 | 5.75% |
| Year 4 | 5.75% |
| Year 5 | 5.75% |
Bangiya Gramin Vikash Bank RD Interest Calculator:
Bangiya Gramin Vikash Bank has an RD Interest calculator. For calculating the RD Interest, one should know many things like RD interest rates and RD interest calculations, RD interest deposit rates, and RD interest tenure time. By knowing all these factors, anyone can calculate the RD interest rates. Calculating these RD Interest rates can help you in knowing your Rd Interest rates. At the end of the tenure time, you can get the recurring deposit calculations.
RD Account Opening Process at Bangiay Gramin Vikash Bank
You can open an RD Account at the Bangiya Gramin Vikash Bank. For this, visit your nearest branch, follow the instructions, fill in the documents, and then attach the bank’s required documents. Then pay some required fee. You can get the RD Account opened in the Bnagiy Gramin Vikash bank. You can start the Recurring deposit by paying some money.
Duration of Recurring Deposit with Bangiya Gramin Vikash Bank:
You can choose the duration of the recurring deposit. It depends on the money which you are recurring deposit. You can get the money based on the recurring deposit/ you can invest your money from 14 days to 10 years. These recurring deposits can be helpful for better interest rates. The interest rates are also based on the recurring deposit amount and your tenure time. These are some of the things which you should know before using the Bangiay Gramin Vikas banks.
FAQs
What are the interest rates for one year in the recurring deposit?
The interest rate for one year is 6.00%.
What are the interest rates for more than one year in the Bnagiay Gramin Vikash bank?
The interest rates for more than a year is of 5.75%