Fixed Deposit Rates: The country’s private sector bank RBL has revised the interest rates on FDs up to Rs 3 crore. RBL Bank is offering FDs from 7 days to 10 years. RBL Bank is now offering a maximum interest of 7.10% to common people and 7.65% to senior citizens
Fixed Deposit Rates: The country’s private sector bank RBL has revised the interest rates on FDs up to Rs 3 crore. RBL Bank is offering FDs from 7 days to 10 years. RBL Bank is now offering a maximum interest of 7.10% to the general public and 7.65% to senior citizens. These new rates have come into effect from 29 July 2024.
RBL Bank’s interest rates on FD of Rs 3 crore
7 days to 14 days: For general public – 3.50 percent; For senior citizens – 4 percent
15 days to 45 days: General public – 4.00 per cent; Senior citizens – 4.50 per cent
46 days to 90 days: General public – 4.50 per cent; Senior citizens – 5 per cent
91 days to less than 6 months: General public – 4.75 per cent; Senior citizens – 5.25 per cent
181 days to 240 days: General public – 5.50 per cent; Senior citizens – 6 per cent
241 days to 364 days: General public – 6.05 per cent; Senior citizens – 6.55 per cent
365 days to 452 days: General public – 7.50 per cent; Senior citizens – 8 per cent
453 days to 499 days: General public – 7.80 per cent; For senior citizens – 8.30 percent
500 days: For general public – 8.10 percent; For senior citizens – 8.60 percent
16 months to less than 18 months: For general public – 7.80 percent; For senior citizens – 8.30 percent
18 months to 24 months: For general public – 8 percent; For senior citizens – 8.50 percent
Tax saving 5 year FD – 7.10 percent; For senior citizens – 7.60 percent
| Rates on FDs less than Rs 3 crore | ||||
|---|---|---|---|---|
| Period | Domestic and Flexi FD Interest Rates | Senior Citizen Interest Rates | NRI Interest Rates Annually | NRO Interest Rates Annually |
| 7 days to 14 days | 3.50% | 4.00% | NA | 3.50% |
| 15 days to 45 days | 4.00% | 4.50% | NA | 4.00% |
| 46 days to 90 days | 4.50% | 5.00% | NA | 4.50% |
| 91 days to 180 days | 4.75% | 5.25% | NA | 4.75% |
| 181 days to 240 days | 5.50% | 6.00% | NA | 5.50% |
| 241 days to 364 days | 6.05% | 6.55% | NA | 6.05% |
| 365 days to 452 days (12 months to less than 15 months) | 7.50% | 8.00% | 7.50% | 7.50% |
| 453 days to 499 days (15 months to 16 months 14 days) | 7.80% | 8.30% | 7.80% | 7.80% |
| 500 days | 8.10% highest | 8.60% highest | 8.10% highest | 8.10% highest |
| 501 days to 545 days (16 months 16 days to less than 18 months) | 7.80% | 8.30% | 7.80% | 7.80% |
| 546 days to 24 months (18 months to 24 months) | 8.00% | 8.50% | 8.00% | 8.00% |
| 24 months 1 day to 36 months | 7.50% | 8.00% | 7.50% | 7.50% |
| 36 months 1 day to 60 months 1 day | 7.10% | 7.60% | 7.10% | 7.10% |
| 60 months 2 days to 120 months | 7.00% | 7.50% | 7.00% | 7.00% |
| Tax Saving FD (60 Months) | 7.10% | 7.60% | NA | 7.10% |
