So it is advisable to compare RD rates of different banks to know who is offering the best rates. Even if you get 0.5 per cent higher rate on an RD of Rs 10,000 for a period of 3-years, your total returns will be higher by Rs 3,262. One should compare the rates offered by different banks before going for an RD. For terms maturing between six months and 120 months, HDFC Bank provides citizens RD interest rates ranging from 4.5 to 7.10. ![]() Meanwhile, India Post offers recurring deposits for a tenure of 5-years and offers an interest rate of 6.9 per cent for that period. As a consequence, older residents will get an interest rate of 6.50 per cent on recurring deposits of 90 to 120 months, which is 0. Interest rates of HDFC Recurring deposit. For senior citizens, the bank offers 9 per cent on a 3-year RD. ![]() 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 tenure. ![]() All major banks like State Bank of India, PNB, HDFC Bank, ICICI Bank, Yes Bank including India Post offer recurring deposit facility.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |