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Central scheme For Individual

National Savings Recurring Deposit Account(RD)

Also known as NSRDARD

The objective of the National Savings Recurring Deposit (RD) scheme is to encourage people to save small amounts regularly every month and build savings with safe returns at 6.7% per annum.

Check full eligibility, documents and apply on the official myScheme portal

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Scheme at a glance

Level
Central Government
Ministry / Department
Ministry Of Communication
Applies to
Individual
Applicable states
All States (Central)

States

All States (Central)

Details from the myScheme record

Benefit type: Cash Minority: No Disability: No Residence: Both How to apply: Offline Scheme type: Centrally Sponsored Scheme

Tags

BankingNational SavingsLoanDeposit Account

Where this comes from. This page summarises public data from the official myScheme portal and organises it so you can find schemes quickly. We show the summary and who the scheme is for. We do not publish benefit amounts, detailed eligibility rules or the document checklist here, those live on the official portal and can change. Always confirm the details and apply on the official myScheme page. SchemesForMe is an independent directory and is not a government body.