Saving Account

Features

• Mobile banking through Right Micro Finance App
• Nomination facility is Available
• Monthly Average Balance: NIL
• No limit on Maximum balance
• A Pass Book is issued to record the transactions.
• Restricted free withdrawals based on Monthly Average Balance maintained.

Start your Fixed deposit journey with us
Fixed deposit is one of the most innovative ways to invest your money and earn high returns.

Fixed Deposit(Term Deposit)

Park your Lump Sum amount with Right Micro Finance Term Deposit and avail of features like high returns. Invest today through Online Right Micro Finance or by visiting your branch.

Features

• Tenure : 1 year to 10 years.
• Minimum Deposit is Rs.1000/-
• Maximum Deposit : 10,00,000.
• Interest Rates: 6% per annum
• Nomination facility available.

Recurring Deposit

Features

• Period of deposit Minimum - 12 months,Maximum - 120 months
• Available at all branches
• Minimum deposit amount is Rs. 100/- per month
• Maximum Deposit Amount : 10,000/- per month
• Interest Rates: 6% per annum
• Nomination facility available.
• A service charge of Rs. 20/- will be levied on Recurring Deposit accounts paid out on or after the date of maturity, wherein there is default in payment of three or more consecutive instalments and the account has not been regularized.
• Period of maturity will be started on the date of opening of the account.
• Recurring Deposit is a product to provide a person with an opportunity to build up saving through regular monthly deposits of fixed sum over a period of time.