Digital FD Interest Rate: This bank started digital FD, know 5 special benefits

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Branch and Business Banking Head of RBL Bank, Deepak Gadhyan said that the bank has started its digital fixed deposit for new customers.

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It is a part of our new era banking solutions that integrate traditional and digital channels. RBL Bank, one of the renowned private banks in the country, has announced the launch of Digital Fixed Deposit for its customers. Customers can book digital FDs within minutes without visiting the branch or opening a savings account with the bank.

Branch and Business Banking Head of RBL Bank, Deepak Gadhyan said that the bank has started its digital fixed deposit for new customers. It is a part of our new era banking solutions that integrate traditional and digital channels. Online Fixed Deposit is a secure and reliable investment route, which helps the customer to generate better returns and save over time.

Benefits of RBL Online Digital FD

  1. Online FDs come with several additional benefits, such as embedded insurance cover, easy savings account open process, tracking and managing FDs digitally, etc.
  2. FD holders can opt for insurance cover under the Hospital Daily Cash Benefit Policy which provides daily cash benefit for hospital expenses.
  3. Customers can download the RBL Bank MoBank app to view their FD receipts online.
  4. Digital FDs are enabled through an online KYC process, making it easy and hassle-free for customers to open FDs within minutes.
  5. In three easy steps (i) providing Aadhaar linked mobile number and PAN details, (ii) completing KYC status using video KYC, and (iii) funding the FD using online payment methods.

How much will be earned

With an interest rate of up to 7.8 per cent for a tenure of 15 months to 725 days, RBL Bank’s Digital FD is offering investors an interesting investment option.

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