RECURRING DEPOSIT
Invest small amounts on regular basis by opening a Recurring Deposit (RD) account with Equitas and earn interest as high as fixed deposits. •Invest in small portions starting from Rs. 1000/- pm with tenure options from 12 months to 10 years. Senior citizens will get a special rate of interest. Open your RD account now!
- Build your capital with regular investment
- With small deposits earn returns similar to fixed deposits
- Minimum tenure of 12 months to 120 months
- Invest in small portions starting from Rs. 1000/-
- Nomination facility available
Calculate the returns on your monthly investment with Recurring Deposit Calculator
Recurring Deposit Rates (amount less than Rs. 2 crore) Effective from: 1st March, 2023
- Domestic RD Rates
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Tenure Individual/NRE/NRO/Non-Individuals
12 months 7.70 % 15 Months 7.70% 18 Months 7.70 % 21 Months 7.50 % 24 Months 7.50 % 30 Months 7.75 % 36 Months 7.75% 48 Months 7.25 % 60 Months 7.00 % 90 Months 7.00 % 120 Months 7.00 % - 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
