your bill & payments
Voluntary Deposit Scheme
Earn from your bill!
Want to earn even when you pay?
If yes, then Voluntary Deposit Scheme is what you need!
How does this scheme work?
Voluntary Deposit Scheme (VDS) offers you the benefit of paying a deposit in advance and even earning interest on your payment.
Moreover it keeps you away from anxiety of remembering your bill due dates each month.
The deposit is guaranteed to earn you an interest @ 7% p.a., which comes into effect from the date of deposit and once the amount has been adjusted against the monthly bill.
To earn when you pay, all you need to do is fill in VDS application form and deposit in cash/cheque/demand draft at any one our of 8 Customer Care Centers.
You can also send the filled form and the deposit in crossed cheque/demand draft to Bandra Customer Centres by mail.
What is the deposit limit?
Remember deposit should be paid for a minimum of 6 month’s average bill but not less than Rs. 3000/- and in multiple of Rs. 500/- thereafter.
The maximum amount that you can deposit is unlimited but cash more than Rs.20, 000, will not be accepted.Moreover, for a deposit above Rs.20, 000 you would have to give your PAN number.
Place to deposit.
Just send in the VDS application along with the deposit (in cheque or demand draft) to the following address by mail.
Reliance Infrastructure Ltd.
RNA Corporate Park Old Kalamandir,
Near Collector's Office,
Mumbai 400 051
Or else you can deposit in cash/cheque/demand draft at any one our of 8 Customer Centres
What if the Balance falls short?
Each month you can view the VDS balance and accordingly fund your account as per the requirements.
If the balance is not enough to pay the current bill, a statement to the effect will be mentioned in your monthly bill thereby informing you in advance. You can also receive alerts via SMS and e-mail (click here to register).
This is a convenient method to ensure your monthly energy bills are automatically deducted as well as you get to earn on your energy bills.
Get the form.
You can also
Click below to find the nearest customer centre.