Bank RD Interest Rates: Apart from bank loans becoming costlier for some time, a record increase has also been seen in bank schemes. Many big banks including State Bank of India, HDFC Bank and ICICI Bank have increased interest on Fixed Deposits as well as Recurring Deposit ie RD. If you also want to invest your money, then read about Recurring Deposit Interest Rate! Many main banks have increased the interest rates (RD Interest Rate)!
Bank RD Interest Rates
At present, these banks are offering more interest than before on Recurring Deposit. These interest rates may vary from bank to bank for different tenures. If you are also planning to invest in recurring deposits, then let us know in which bank you are getting higher interest rates (Recurring Deposit Interest Rate). Let us tell you today about the interest rates (RD Interest Rate)…
SBI Recurring Deposit Interest Rate
The country’s main bank SBI is paying 6.80 and 7 percent interest (Recurring Deposit Interest Rate) for recurring deposits of 12 to 120 months! A minimum of Rs 100 can be invested every month in this Recurring Deposit. These interest rates (RD Interest Rate) are effective from 15 February 2023. The bank can close the account in case the depositor does not pay the sixth installment and the money deposited is returned.
PNB Bank RD Interest Rates
The customers of this bank are being given Recurring Deposit Interest Rate ranging from 5.5% to 7.25% on recurring deposits with maturity of 6 months and 10 years. This is applicable from 20 February. This private sector bank is offering an interest rate of 4.5 and 7.10 per cent on RD, whose tenure is between 6 months to 120 months. 7.10 percent interest on Recurring Deposit period of 15 months is effective from 24 February 2023. This interest rate is for common people.
Yes Bank RD Rates 2023
Yes Bank is offering 6 percent and 7.50 percent interest rate (RD Interest Rate). Which is effective for tenure ranging from 6 months to 10 years for regular customers. The last change in Recurring Deposit Interest Rate took place on 21 February. Recurring Deposit account can be easily opened in any bank.
ICICI Bank Recurring Deposit Interest Rate
ICICI Bane has also changed its RD interest rates! 4.75 and 7.10 percent interest (RD Interest Rate) on RD of this bank is being given to regular customers for a period of 6 months to 10 years! In this you can invest at least 500 rupees. These Recurring Deposit rates are effective from 24 February.
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