Turn Monthly Savings into a Secure Future with aRecurring Deposit

Build your savings with a Sahayog Recurring Deposit through disciplined monthly investments. Deposit a fixed amount every month for 12 months, earn up to 8% p.a. interest, and receive your savings along with assured returns at maturity—ideal for planned expenses and short-term financial goals.

Recurring Deposit overview on mobile banking app
1-Year Fixed Tenure
Monthly Savings Habit
Assured Returns
Mobile Financial Access

Numbers That Matter for Your Financial Growth

See how our trusted services, wide reach, and member satisfaction make a difference in every financial journey.

1 Year

Deposit Tenure

Simple and goal-oriented

250+

Branches Nationwide

Easy access across India

300K+

Active Members

Trusted savings relationships

Why a Recurring Deposit Makes Sense

Build a Consistent Saving Habit

Save the same amount every month, build disciplined saving habits, and grow your money with assured returns.

Receive a Lump Sum at Maturity

At the end of the tenure, your total savings along with earned interest are credited as a single payout-ideal for planned expenses.

Illustration highlighting recurring deposit benefits

Key Benefits of Recurring Deposit

Sahayog Recurring Deposits are designed to make saving effortless while ensuring your money grows in a secure and transparent manner.

  • Simple Monthly Instalments

    Invest a fixed amount every month without the pressure of large, one-time commitments.

  • Predictable Growth

    The rate is fixed when you open the RD. No market ups and downs.

  • Track Anytime, Anywhere

    Monitor your RD balance and progress easily through Sahayog's mobile financial platform.

Know Exactly How Your Monthly Savings Will Grow

Plan your monthly deposits and view how disciplined saving turns into a strong financial corpus.

1

Choose Recurring Deposit

Select RD to see how your monthly deposits build over time.

2

Enter Monthly Amount & Period

Set how much you will save each month and for how long.

3

See Your Total Returns

Know exactly how much your savings and interest will become.

Recurring Deposit - Calculator

Amount:

₹100

1H
20K
40K
60K
80K
1L

One Hundred

Tenure

Interest Rate @ 8%

₹4*
Deposited Amount
₹1,200
Interest Earned
₹53
Maturity Amount
₹1,253
 

* Approximate monthly interest. Actual returns may vary slightly.

# Terms and conditions apply# Deposits are at your own risk

Testimonials

Voices of Growth & Empowerment

Rahul Bhoyar testimonial - inspiration for every young professional
Sangeeta Rahangdaale's inspiring journey with Sahayog testimonial
Narendra Meshram testimonial - village to visionary inspirational story
Empowered and evolved - the Mausi to Madam testimonial with Sahayog
Beyond disability - how mindset transforms lives testimonial
Inspiring journey from driver to sales manager - SAHAYOG testimonial
Sahayog - the force behind my second chance at life testimonial
Mangesh Kathane inspirational transformation testimonial - road to success
Transforming lives - people stories featuring Nikhil Mallah testimonial
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Faq's

Frequently Asked
Questions

Sahayog offers up to 8% interest on recurring deposit (RD) accounts linked to SMBG, depending on the deposit tenure and product type.

The Recurring Deposit (RD) has a fixed 1-year tenure at Sahayog.

RD interest, up to 8% p.a., is compounded and credited on maturity.

Yes, SMBG members can open RD accounts collectively to maximize group savings. SMBG-RD is different from Normal RD

Yes, RD accounts can be closed early with applicable policy adjustments.

Deposits are at your own risk. Sahayog Multistate is a registered cooperative society under the Multi-State Cooperative Societies Act, 2002, and is not covered by DICGC deposit insurance. Interest rates and product features are subject to change. Verify current rates and terms directly with Sahayog Multistate before investing. This article is for informational purposes only and does not constitute financial advice.