RD Interest Rate Hike Check: ICICI Bank is offering a maximum interest rate of 7 percent on Recurring Deposit and 7.50 percent interest rate for senior citizens. Recurring Deposit, also known as RD (RD Interest Rate), is a fixed-deposit that allows customers to invest an amount of their choice every month and save money easily. Is.
RD Interest Rate Hike Check
For 6 months in Recurring Deposit, the bank is offering an interest rate of 4.75 per cent for the general public and 5.25 per cent for senior citizens (RD Interest Rate). For 9 months, the bank is paying interest at the rate of 5.5 percent for the general public and 6 percent for senior citizens (Recurring Deposit Interest Rate).
Recurring Deposit Interest Rate 2023
The bank is offering Recurring Deposit interest rate of 6.6 per cent for general public and 7.10 per cent for senior citizens for 12 months. From 15 months to 5 years 7% for general public and 7.50% for senior citizens. Above 5 years to 10 years, 6.9 percent for the general public and 7.5 percent for senior citizens (Recurring Deposit Interest Rate).
ICICI RD Interest Rate: Benefits for Senior Citizens
Senior citizens get more benefits in Recurring Deposit as they are getting half a percent or in some cases even more than the general public (RD Interest Rate).
Recurring Deposit Interest Rate : How to apply
- Visit www.icicibank.com
- Login by entering User ID and Password, if you have not registered account earlier
- Choose bank account, choose deposit amount (RD Interest Rate)!
- Click on Open Recurring Deposit
- Enter all the details and submit
ICICI Recurring Deposit Interest Rate: Terms and Conditions
Recurring Deposit will be available for a minimum period of 6 months (and thereafter in multiples of 3 months) up to a maximum period of 10 years. Since the interest rates are subject to change without prior notice, the depositor shall ascertain the rates on the value date of the Recurring Deposit.
Post Office RD Interest Rate
Apart from extending postal services, post offices provide many financial services to their customers in the form of savings schemes and life insurance (Recurring Deposit Interest Rate). Generally, Post Office RD Interest Rate is one of the most popular savings options for traditional Fixed Deposit and Recurring Deposit schemes offered by post offices.
Recurring Deposit Interest Rate
Post Office Recurring Deposit Interest Rate has become the most preferred instrument as compared to banks. One of the reasons for its popularity is the attractive rate of interest that can be earned on them and a huge return on maturity. The post office RD interest rates are revised at a reasonable interval and the Recurring Deposit normal interest rate is 5.80% per annum.
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