Savings and Growth
PGB Recurring Deposit Schemes
Choose the right RD product to build your savings systematically and achieve your financial milestones.
PGB Recurring Deposit Scheme
Disciplined Fixed Monthly Savings
Fixed Installment (Min. ₹100/-)
Tenure: 6 Months to 10 Years
Interest: Same as Term Deposit Rate
Penalty on missed installments
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PGB Special Recurring Deposit Scheme
Institutional/Employee Special Savings
Fixed Installment (Often salary-linked)
Specific Promotional Tenures
May offer slightly higher special rates
Premature withdrawal often restricted
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PGB Swechha Jama Yojna / Flexi RD
Flexible Monthly Deposit (Variable Income)
Core Installment + Deposit up to 10X
Tenure: 6 Months to 10 Years
Interest on deposited amount from day one
No penalty on non-payment of flexible portion
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Quick Comparison
| Scheme | Deposit Type | Best For | Default Penalty |
|---|---|---|---|
| PGB RD Scheme | Fixed Monthly | Steady Income Earners | Yes, Charged |
| PGB Special RD | Fixed Monthly | Institutional/Group Savings | No (in most institutional variants) |
| PGB Flexi RD | Flexible (Core + Variable) | Variable/Irregular Income | No (on flexible part) |
Disclaimer: All interest rates for PGB RD schemes are the same as applicable to corresponding Fixed Deposit (FD) tenures. Senior Citizen benefits (0.50% - 0.60% extra) and other terms must be confirmed with the official PGB branch or website before opening an account.