Recurring Deposit Interest Rates, Recurring Deposit Calculator

Our News - Sep 2019

2019-08-27 : SBI revises RD rates by 10-35 basis points
SBI revised its recurring deposits rate with effect from August 26. Revised rate on RD for a period of I-2 year is 6.70% which is cut by 10 bps. For a period of 2-3 years, the revised rate is cut down by 20 bps to 6.50%. RD’s for 3-5 years and 5-10 years are now charged at 6.25%, which is a reduction of 35bps and 25bps, respectively. The rates, however, vary for senior citizens with 50bps.
2019-05-23 : Savings account holders can deposit their money directly in their account via SBI Cash Deposit machine
SBIis offering the facility to deposit money directly into savings account without visiting the bank branch. Using this service, one may deposits cash into the account either by using teller counter or deposits cash through the cash deposit machine. Additionally, the customers can also deposit cash in the investments schemes like FD, RD or PPF account by using this service fee of cost.
2019-05-09 : ICICI Bank announces the launch of new service icicibankpay to open FD and RD accounts via twitter
Private sector lender, ICICI Bank has announced the launch of its new service ‘icicibankpay’ which will help customers to open a new fixed deposit and recurring deposit account via Twitter. Additionally, one can even pay postpaid mobile bills, and also link Aadhaar card with a bank account using the Twitter account. The individuals who want to avail these services will have to register on Twitter account and follow @icicibank to start the transaction.
2019-05-02 : SBI comes up with a unique savings plan in association with Thomas Cook for holiday goers
State Bank of India (SBI) has announced the launch of a unique savings plan in association with Thomas Cook India for holiday goers. Under this scheme, a person can save monthly amounts in the form of a recurring deposit (RD) with the bank in order to avail a vacation package listed under Holiday Savings Account packages on Thomas Cook website.
2019-03-19 : Bank of Baroda offers holiday recurring deposit option in association with Thomas Cook
Bank of Baroda (BoB) is offering a holiday recurring deposit option for their customers to make travel a hassle-free experience. To cater to the needs of travellers, the bank has joined hands with Thomas Cook through which you can save for your travel by opening a recurring deposit (RD) account with the partner banks.

*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More

Earn upto 8.70% Return☺