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One can earn an RD rate of interest ranging from around 2.50%-8.50% by opening an RD account. RD interest rates are similar to that of Fixed Deposit but the flexibility of monthly installments is what makes RD stand out. The minimum tenure of a fixed deposit ranges from 6 months to 10 years. Recurring Deposit Interest Rates – Overview.
Recurring Deposit Interest Rates in 2024 - Get the current RD rates across top banks in India. Compare, and find the best RD plan for your savings goals.
HDFC Bank offers attractive recurring deposit interest rates for your monthly savings. Open your RD account today at HDFC Bank & start saving today.
RD Interest Rates: Check the latest rate of interest for Recurring Deposit offered by ICICI Bank and start investing in RD and ensure good returns on your investment.
Recurring Deposit Interest Rates: Axis Bank recurring deposits are available at attractive interest rates. Check current RD rates & invest online for maximum returns.
INTEREST RATES FOR RECURRING DEPOSITS (For Resident Individuals & HUF only) Disclaimer. Note: Interest rates are subject to periodic changes. The applicable interest rates will be offered based on the date and time of receipt of the funds by the bank.
Sep 25, 2024 · A recurring deposit, also known as RD, is a term deposit where customers enjoy three-fold benefits of flexibility, guaranteed returns and liquidity. Unlike an FD, investing in an RD gives one the choice to invest monthly and earn interest as per the rates applicable.
Recurring Deposit scheme provides an opportunity to build up savings through regular monthly deposit of fixed sum over a period and have sufficient funds to achieve specific financial goals at the end of specific period.
SBI offers attractive RD interest rates to its customers with a minimum deposit amount starting from just Rs. 100. SBI allows opening an RD account for a period of 7 days to 10 years depending on the financial goals of the customer. The SBI RD interest rates offered by the bank on deposit less than Rs. 2 crores is 5.00% and 5.40%.
With HDFC Bank RD accounts, you can enjoy interest rates similar to fixed deposits even with smaller investments. The interest you earn will be paid on maturity. Use our RD maturity calculator to find out what you stand to gain by investing in a Recurring Deposit.
