Oct 7, 2019 Here is a comparison of RD accounts offered by SBI and post office: 1) State Bank of India or SBI has lowered the interest rate on recurring RD - Get high returns on Recurring Deposit account by making small investments . Click here to check best RD interest rates and apply online at DHFL. Pan Card; Driving License; Voters Identity Card; Photo Debit/Credit Card issued by bank We also offer a flexible tenure just to make things worthwhile - the tenure can Which is the best Banks offering highest recurring deposit rates? Which are the best recurring deposit rates (RD) in India now? Jan 16, 2020 SAJJAD HUSSAIN/AFP/Getty Images Indian currency notes A recurring deposit account can be opened with either a bank or a Post Office. Currently, SBI offers an interest rate of 6.10 per cent on its RD scheme, whereas
Best Recurring Deposit Scheme in India with Highest Interest Rates . Here are some banks that offer the best interest rates for RD schemes: Deutsche Bank gives 7.50% p.a. for 5-year deposits, which is one of the best RD rates in India. Which Banks Offer the Highest Recurring Deposit Interest Rates in India? Almost all banks that operate in the country offer attractive interest rates on RDs. Among all the banks listed above, Lakshmi Vilas bank offers the highest interest on RDs to both general citizens and senior citizens. Recurring Deposits are offered by all banks in India. Interest rates are very competitive among banks, usually ranging around 6-7%, which are fixed for a tenure that is once decided, doesn’t change during the tenure.
The maximum interest rate that is offered for iFlexi RD is 7.10 per cent with tenure options from 13 months to 24 months. HDFC Bank: It offers a maximum interest r.. Recurring Deposit is a product to provide a person with an opportunity to build as applicable to Term Deposits; The interest rate payable to SBI Staff and SBI Post Office 5 Year RD, NA, NA, NA SBI (State Bank of India): Best Recurring Deposit Scheme in India with Highest Interest Rates . Here are some banks that offer the best interest rates for RD schemes: Deutsche Bank gives 7.50% p.a. for 5-year deposits, which is one of the best RD rates in India.
Recurring deposits provide interest rates upto 7.85% which can multiply your money. RD can be used as good investment option to achieve any short term goals like paying kids school education, domestic vacation, purchasing of electronic gadgets etc., Best Recurring Deposit (RD) interest rates for 1 year Tenure Yes Bank, Union Bank of India, Saraswat Bank and Union Bank of India are some of the banking institutions that offer competitive interest rates on recurring deposits. Before investing, please visit the website of the bank to view the final interest rates on recurring deposit schemes. Recurring Deposit Interest Rates. The recurring deposit interest rates differ from bank to bank and also on the factors like which category you fall under and the tenure you choose. Almost all the banks privilege senior citizens with a higher rate of interest than regular citizens (who don’t fall under senior citizen category). All major banks like State Bank of India, PNB, HDFC Bank, ICICI Bank, Yes Bank offer recurring deposit. However, the interest rates offered by them is not always the best. For example, SBI, the country's largest lender offers an interest rate of 6.70 per cent on a 3-year RD while small finance bank like Suryoday offers 8.75 per cent on the same Recurring Deposit Interest Rates for 1 Year (as on 16 Mar 2020) The highest interest rate is offered by ESAF Small Finance Bank (for 12 months) at 8.75% and Suryoday Small Finance Bank (for 12 months) at 8.50% followed by Utkarsh Small Finance Bank (for 12 months) at 8.25%. Best Recurring Deposit Scheme in India Here are some of the banks that offer very competitive Recurring Deposit schemes with attractive interest and other features. * Allahabad BankAllahabad Bank offers an interest rate of 6.50% - 6.60% for tenure
RD Interest Rates: Get Recurring Deposit Interest Rates for all Banks online. Check RD Rates of all Institutes and Banks online at The Economic Times. Saving SchemesHighest Risk Adjusted ReturnNew Fund OffersForthcoming DividendsNPSTop Performing NPS SchemeMost Top Searches: Central Bank of India. Feb 5, 2020 Following tables provide different RD rates for regular citizens as well as senior citizens. Top 10 Banks Recurring Deposit Interest Rates in India