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Recurring Deposits

Open a Recurring Deposit and earn guaranteed and attractive returns. Start with just Rs. 1000!

8.1%* Interest p.a. for all NRE, NRO, Resident Indian Individuals for 12 months.

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0.5%* Extra for Senior Citizens

Group 1860

Flexible Tenure of 12 months to 10 years

Features

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8.1%* Interest p.a. for 12 months (Resident Indian Individuals, NRE & NRO)

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0.5% extra for Senior Citizens for 12 months

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Recurring Deposit Calculator

Try out the RD calculator and see how much you can earn!

(The calculator is not applicable for NRE Recurring Deposit)

Plan your monthly investment with our RD Calculator and find out the maturity value instantly! Now, that’s a smart way to plan your investment.

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Recurring Deposit Calculator


Start Date
Amount Per Month
Months
Interest Rate

Are you a senior citizen?

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Recurring Deposit Interest Rates

(Amount less than Rs. 3 Crores) Effective from: 3rd October, 2024

Tenure

Individual/NRE/NRO/Non-Individuals

12 months

8.10%

15 Months

8.10%

18 Months

8.10%

21 Months

7.75%

24 Months

7.75%

30 Months

8.00%

36 Months

8.00%

48 Months

7.50%

60 Months

7.25%

90 Months

7.25%

120 Months

7.25%

  • TDS will be deducted as applicable

  • Please check all terms and conditions applicable on FD/RD for premature withdrawal

  • 0.50% extra for Senior citizens (not applicable for NRE/NRO)

  • Interest on NRE deposits will be payable only on completion of a minimum tenure of 1 year

    Recurring Deposits Interest rates are subject to change from time to time.

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