Recurring Deposits
A Recurring Deposit (RD) is a financial instrument in which an individual can deposit a fixed amount of money at regular intervals (usually monthly) for a predetermined period. Open a Recurring Deposit Account with our Bank and get guaranteed returns on your investment.
Recurring Deposits Interest Rates
| Duration |
Rate of Interest P.A. General |
Rate of Interest P.A. Sr. Citizen |
|---|---|---|
| 12 Months to 24 Months | 7.00% | 7.00% |
| 24 Months to 36 Months | 7.10% | 7.10% |
| 36 Months to 60 Months | 7.25% | 7.25% |