BMFS Recurring Deposit
Save regularly, earn attractive returns, and achieve your financial dreams with BMFS RD.
A Recurring Deposit (RD) is a safe and disciplined savings option designed to help you build a strong financial future. With small, fixed monthly deposits, you can accumulate a substantial amount over time, along with attractive interest benefits.
Key Features
- Start with just ₹500/month (multiples of ₹100)
- Flexible tenure: 12 months to 7 years
- Attractive 8.50% interest (quarterly compounding)
- Safe & secure with guaranteed maturity
- Loan facility against RD balance
- Multiple contribution modes: monthly, quarterly, yearly
Benefits
- Builds habit of regular savings
- Helps achieve education, marriage, or emergency funds
- Guaranteed maturity amount at the end of tenure
- Loan facility available during emergencies
- Financial discipline without burdening your budget
How It Works?
- Choose a deposit amount (₹500, ₹1,000, ₹5,000+)
- Select tenure (12 months – 7 years)
- Deposit regularly as per your plan
- Get total deposits + accrued interest at maturity
Terms & Conditions (नियम एवं शर्तें)
- Minimum deposit period mandatory – 6 Months
- Deposited amount available only after maturity date
- Passbook entry mandatory after each deposit
- Account may close if 3 consecutive payments are missed
- Penalty applies on late payments
- Pre-maturity withdrawal as per BMFS's rules
Why Choose BMFS RD?
- Trusted institution with transparency
- Higher returns compared to banks/post offices
- Flexible contribution & tenure options
- Security with guaranteed maturity amount
- Convenient loan facility against RD
RECURRING DEPOSIT PLAN
| PLAN | RD-1 YEAR | RD-2 YEAR | RD-3 YEAR | RD-5 YEAR | RD-7 YEAR | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| MONTHLY DEPOSIT |
DEPOSIT | RETURN* | DEPOSIT | RETURN* | DEPOSIT | RETURN* | DEPOSIT | RETURN* | DEPOSIT | RETURN* |
| 500 | 6000 | 6282 | 12000 | 13113 | 18000 | 20546 | 30000 | 37424 | 42000 | 57396 |
| 1000 | 12000 | 12563 | 24000 | 26228 | 36000 | 41092 | 60000 | 74849 | 84000 | 114790 |
| 1500 | 18000 | 18846 | 36000 | 39345 | 54000 | 61642 | 90000 | 112278 | 126000 | 172185 |
| 2000 | 24000 | 25128 | 48000 | 52455 | 72000 | 82184 | 120000 | 149696 | 168000 | 229580 |
| 2500 | 30000 | 31410 | 60000 | 65569 | 90000 | 102732 | 150000 | 187121 | 210000 | 286975 |
| 3000 | 36000 | 37692 | 72000 | 78684 | 108000 | 123278 | 180000 | 224546 | 252000 | 344370 |
| 4000 | 48000 | 50256 | 96000 | 104914 | 144000 | 164372 | 240000 | 299397 | 336000 | 459160 |
| 5000 | 60000 | 62820 | 120000 | 131142 | 180000 | 205464 | 300000 | 374247 | 420000 | 573950 |
| 10000 | 120000 | 125640 | 240000 | 262285 | 360000 | 410928 | 600000 | 748495 | 840000 | 1147900 |
