Customers are getting explosive offers on Recurring Deposit in these banks, more interest is being given to senior citizens.
In today’s time, every person looks for a safe investment where his money remains safe and he also gets high returns. There are many private sector banks and government banks in India which give excellent investment returns to their customers. In today’s time, investing in recurring deposits is extremely beneficial.
RD Interest Rates
If you also like to invest every month then the best deposit will be best for you. There are many banks in which the interest rate on your RD has been increased, these include many government banks and private banks. Today we are going to tell you about the interest rates offered in RD by HDFC Bank, SBI, ICICI Bank, PNB, Yes Bank.
HDFC Bank
If you are also thinking of investing in a great deposit scheme, then let us tell you that HDFC Bank, the largest private sector bank, is also running a great RD scheme for its customers. This bank has revised its interest rate for the period of 27 months and 37 months. On this period, this bank is giving 7 points 15% interest to its common citizens. Whereas it gives interest of 7.65% to senior citizens. In this bank, 7.20% interest is being given to the general citizen and 7.70% interest to the senior citizen on RD of tenure of 39 months, 48 months and 60 months.
sbi rd interest rate
If you want to invest in the recurring deposit scheme of a government bank, then India’s best bank State Bank of India will be the best option for you. In this bank, interest ranging from 6 points, 80 percent to 7% is being given on RD with tenure ranging from 1 year to 10 years. In this bank’s RD, you can start with a minimum of ₹ 100 and there is no limit on the maximum investment.
ICICI Bank RD Interest Rates
ICIC Bank is also the largest private sector bank which keeps bringing various types of great investment schemes for its customers. In this bank, on recurring deposits, interest rates of 4.75% to 7.20% are being offered to common citizens for a period ranging from 6 months to 10 years, while to senior citizens, interest rates are offered between 5.25% to 7.75%.
