It is a recurring deposit scheme in which a customer is required to deposit a pre determined amount monthly on a regular basis for a fixed period opted by him while opening the account. A sizable lump sum amount is paid to the customer along with interest on maturity. A minimum amount of Rs.50/- per month is required to be paid for the period of deposit opted while opening the account. The deposits under the scheme are accepted for a minimum period of 12 months and maximum of 120 months.