Bank RD Interest Rates: Along with fixed deposits, major banks of the country have made a record increase in RD interest. Many banks are giving strong interest on RD. Apart from bank loans becoming expensive for some time, a record increase has also been seen in bank schemes.
Many major banks including State Bank of India, HDFC Bank and ICICI Bank have increased the interest of fixed deposits as well as recurring deposits ie RD.
At present, these banks are offering more interest on RD than before. These interest rates may vary from bank to bank for different tenures. If you are also planning to invest in RD, then let us know in which bank you are getting more interest.
SBI RD Interest Rate
The country’s main bank SBI is giving 6.80 and 7 percent interest on tenure ranging from 12 to 120 months. At least 100 rupees can be invested in this every month. These interest rates are effective from 15 February 2023. The bank can close the account in this situation, when the 6th installment is not paid by the depositor and the money deposited will be returned.
PNB Bank rd interest rate
The customers of this bank are being given interest ranging from 5.5 percent to 7.25 percent on RD, whose maturity is 6 months and 10 years. This is applicable from 20 February.
HDFC bank RD interest
This private sector bank is offering an interest rate of 4.5 and 7.10 percent on RD, whose tenure is between 6 months and 120 months. 7.10 percent interest on 15 months tenure is effective from 24 February 2023. This interest rate is for the common people.
Yes bank RD interest rate
YES Bank is offering 6 per cent and 7.50 per cent interest, which is effective for regular customers for tenures ranging from 6 months to 10 years. The last change in its interest was on February 21.
ICICI Bank Rd
Interest of 4.75 and 7.10 percent on RD of this bank is being given for regular customers on tenure ranging from 6 months to 10 years. You can invest at least 500 rupees in this. These rates are effective from 24 February.
