Latest RD interest rate: At present, almost all the banks are giving interest of more than 7 percent on RD. RD is a good option for safe investment. In this one has to invest every month. Its special thing is that it gives less interest than FD and more interest than savings account.
SBI RD interest rates
SBI offers Recurring deposits at interest rates of 6.50% to 7% p.a. to other depositors, and 7.35% to 7.5% to senior citizens with a minimum monthly deposit of ₹100. The tenure for SBI RD ranges from 1 year to 10 years. These rates are effective from December 27, 2023.
1 Year to less than 2 years 6.80%
2 years to less than 3 years 7.00%
3 years to less than 5 years 6.50%
5 years and up to 10 years 6.50%
HDFC RD interest rates
RD interest rates in HDFC range from 4.50% to 7% per annum to general and 5% to 7.75% for senior citizens One can open an HDFC recurring deposit account with a minimum deposit of ₹1,000 with tenures ranging from 6 months to 10 years. These rates are effective from January 24, 2023.
6 Months 4.50%
9 Months 5.75%
12 Months 6.60%
15 Months 7.10%
24 Months 7.00%
27 Months 7.00%
36 Months 7.00%
39 Months 7.00%
48 Months 7.00%
60 Months 7.00%
90 Months 7.00%
120 Months 7.00%
ICICI Bank RD Interest Rates
ICICI provides two types of recurring deposits, i.e. RD for regular citizens which offers an interest of 4.75 % to 7.10%, and RD for senior citizens which offers 5.25% to 7.60% for senior citizens. The investment tenure ranges between 6 months to 10 years and the minimum amount needed is Rs. 500. 24 February 2023
6 months 4.75%
9 months 6.00%
12 months 6.70%
15 months 7.10%
18 months 7.10%
21 months 7.10%
24 months 7.10%
27 months 7.00%
30 months 7.00%
33 months 7.00%
36 months 7.00%
Above 3 years upto 5 years 7.00%
Above 5 years upto 10 years 6.90%
