Recurring Deposit Interest Rates

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Recurring Deposit Interest Rates

The interest rates on RDs depend on which category you fall under and your choice between different banks. Senior citizens earn a higher rate of interest when compared to regular citizens. There are schemes offered to minors, students and parents to save for the children. These schemes may carry higher rates of interest. There are also special schemes devised to help people reach their goals. Your interest rates also depend on the type of account you hold. A regular savings account will generally earn a higher rate of interest than an NRE/NRO account. The current interest rates available from different banks range between 4.5% and 7.90% per annum.

RD Interest Rates In Indian Cities

Bank Name RD Interest Rates Senior Citizen RD Rates
Allahabad Bank RD Rates 6.25% to 6.75% 6.25% to 6.75%
Andhra Bank RD Rates 6.25% to 6.85% 6.75% to 7.35%
Axis Bank RD Rates 6.25% to 6.90% 6.5% to 7.55%
Bandhan Bank RD Rates 6.5% to 7.5% 7% to 8%
Bank of Baroda RD Rates 6.25% to 6.9% 6.75% to 7.4%
Bank of India RD Rates 6.50% to 6.70% 6.50% to 6.70%
Bank of Maharashtra RD Rates 6% to 6.25% 6.5% to 6.75%
Bharatiya Mahila Bank RD Rates 6.5% to 7% 7% to 7.5%
Canara Bank RD Rates 6% to 6.5% 6.5% to 7%
Central Bank of India RD Rates 4.75% to 6.6% 5.25% to 7.1%
CitiBank RD Rates 5.25% 5.25%
City Union Bank RD Rates 6.7% to 7.1% 6.95% to 7.5%
Corporation Bank RD Rates 6.65% to 6.75% 7.15% to 7.25%
DBS Bank RD Rates 5.75% to 6.7% 5.75% to 6.7%
Dena Bank RD Rates 6.5% to 7% 6.5% to 7%
Deutsche Bank RD Rates 6% to 7.5% 6.5% to 7.75%
Dhanalakshmi Bank RD Rates 6.5% to 6.6% 7% to 7.1%
DHFL Bank RD Rates 7.75% 7.75%
Federal Bank RD Rates 6.5% to 7% 7% to 7.5%
HDFC Bank RD Rates 6.25% to 7.25% 6.75% to 7.75%
ICICI Bank RD Rates 6.0% to 7.25% 6.5% to 7.75%
IDBI Bank RD Rates 6% to 6.65% 6.5% to 7.15%
Indian Bank RD Rates 4.5% to 4.75% 5% to 6.25%
Indian Overseas Bank RD Rates 5.75% to 7.25% 6.25% to 7.75%
IndusInd Bank RD Rates 6.5% to 6.85% 7% to 7.35%
Jammu and Kashmir Bank RD Rates 6.5% to 6.75% 7% to 7.25%
Karnataka Bank RD Rates 6.5% to 6.9% 7% to 7.40%
Karur Vysya Bank RD Rates 6.75 to 7% 6.75 to 7.5%
Kotak Mahindra Bank RD Rates 6% to 6.6% 6.5% to 7.1%
Lakshmi Vilas Bank RD Rates 7% 7%
Nainital Bank RD Rates 7.50% to 7.90% 8.00% to 8.40%
Oriental Bank of Commerce RD Rates 6.5% to 6.85% -
Post Office RD Rates 7.30% 7.30%
Punjab and Sind Bank RD Rates 6.40% to 6.80% 7.10% to 7.30%
Punjab National Bank RD Rates 6.25% to 6.75% 6.75% to 7.25%
Saraswat Bank RD Rates 6.80% 7.05%
South Indian Bank RD Rates 6% to 6.75% 6.75% to 725%
State Bank of India RD Rates 6.70% to 6.85% 7.20% to 7.35%
Syndicate Bank RD Rates 6.5 to 6.6% 7 to 7.1%
Tamilnad Mercantile Bank RD Rates 5% to 7% 7% to 7.5%
UCO Bank RD Rates 6.25% to 6.5% 6.25% to 6.5%
Union Bank of India RD Rates 6.8% to 7% 6.8% to 7%
United Bank of India RD Rates 5.75% to 6.25% 5.75% to 6.25%
Vijaya Bank RD Rates 6.25% to 6.5% 6.75% to 7%
Yes Bank RD Rates 7% to 7.10% 7.50% to 7.6%