RBL bank FD rates: This FD scheme has a tenure option ranging from 12 months to 240 months and Rs. 50 lakh to Rs. A deposit of less than two crores can be made.
RBL bank FD rates: India’s leading private sector bank RBL Bank today announced the launch of Fixed Deposit-ACE. The bank is offering 20 basis points higher interest than regular deposits to enhance the customer offering and value long-term liquidity. These FDs have early withdrawal facility and will offer 50 basis points higher interest to senior citizens and 75 basis points to super senior citizens.
Minimum Rs. 50 lakhs and a maximum of Rs.
A deposit of up to two crores can be placed for a tenure ranging from 12 months to 240 months. The customer will be able to avail the maturity benefit and formulate his investment strategy with long-term financial goals. This deposit is available to resident and non-resident Indians, through which they can avail of this exclusive offer.will happen
Deepak Gadhyan, Head of Branch and Business Banking, RBL Bank said, “Traditionally, Rs. A higher rate of interest is offered on non-callable deposits of Rs 2 crore or more.However, at RBL Bank we believe in empowering the customer and want to offer this to a range of customized segments. This innovative product offers higher interest rates compared to regular fixed deposits, due to which customers will benefit from compound interest to meet their financial expectations.”
The following interest rates will be offered:
Non-callable (Without Premature Withdrawal Option): Deposits from Rs.50 Lakh to Rs.2 Crore
| D | Interest rates of FDs. per year | Senior Citizen Interest Rate per annum | Super Senior Citizen Interest Rate per annum |
| 7.20% | 7.70% | 7.95% | |
| 453 days to 24 months (15 months to 24 months) | 8.00% | 8.50% | 8.75% |
| From 24 months to 36 months | 7.70% | 8.20% | 8.45% |
| 36 months to 60 months to one day | 7.30% | 7.80% | 8.05% |
| 60 months two days to 240 months | 7.20% | 7.70% | 7.95% |
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