According to this plan, a member has to choose a certain amount every month for 36 months. No remittance required after 36 months. The amount will be repaid after 60 months (2 years from the date of last installment). Now this type of deposit scheme is very popular.

• The rate of interest is fixed at 11%.
• Deposit tenure is 60 months and RD tenure is 36 months.
• A maturity amount of Rs. 10,000/-, Rs.20,000/-, Rs.50,000/-, Rs.1,00,000/ and so on.
• Interest is calculated quarterly compounded.
• The monthly installment is fixed according to the maturity amount.