RD Dhanteras 2023 : Recurring Deposit (RD) and Fixed Deposit (FD) are considered the best options for investment because they provide guaranteed returns. RD ranges from six months to 10 years. Invest some money every month in RD.
In this, like FD, money does not have to be deposited all at once. This is the safest option. Most people consider it auspicious to invest on Dhanteras. If you are also planning to make RD for Dhanteras or Diwali, then you can invest in RD of these banks. Let us know how much interest is being received on RD.
DCB Bank
DCB Bank is offering 7.6 percent interest on 5 year RD. The bank is offering up to 8 percent interest on RDs of less than Rs 10 lakh to Rs 2 crore.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering 7.25 percent interest to customers on RD of 5 to 10 years. It is giving interest at the rate of 7.5 percent to senior citizens. The bank is offering 8.60 percent interest on RD of 27 to 36 months. At the same time, senior citizens are getting 9.1 percent interest.
Deutsche Bank
The bank is offering 8 percent interest on RD of 27 to 36 months. 7.25 percent interest is being given on 5 year RD.
Ujjivan Small Finance Bank
Investors can avail 7.2 per cent interest on RD for a tenure of 36 to 60 months. 6.5 percent interest is being given on FDs maturing in 63 to 120 months.
IndusInd Bank
The bank is offering 7 percent interest on recurring deposits of 61 months and above. Senior citizens are getting additional interest of 50 basis points i.e. 0.50 percent.
Axis Bank
Axis Bank is offering 7 percent interest on 5 year RD. Senior citizens will be given 0.75 percent interest on RD of more than Rs 5 crore.
HDFC bank
HDFC Bank is offering 7 percent interest on 5 year RD which will mature in 5 years. 7.50 percent interest will be given to senior citizens.
