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Is there any penalty if I miss RD payments towards my goal?

We suggest you to do timely payemnts for Recurring Deposit to achieve your goal amount. If the payment of any instalment is delayed beyond the calendar month, a late fee of Rs 10 per Rs 1000 per month will be levied for the period of delay. Please note that fraction of the month will be considered as a full month for the purpose of penalty.

Last Updated: May 19, 2022

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