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RBL Bank has updated its FD interest rates; check the new rates here

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RBL Bank's fixed deposit (FD) interest rates are recently modified and are now effective as of June 1, 2021. The bank offers a variety of fixed deposit alternatives, including tax-saving FDs, to both normal and elderly people, with maturities ranging from 7 days to 20 years. RBL Bank now offers 3.25 per cent on deposits maturing in 7-14 days, 4.00 per cent on deposits maturing in 15-45 days, and 4.25 per cent on deposits maturing in 46-90 days, following the recent modification.

 

RBL Bank has updated its FD interest rates; check the new rates here

On FDs maturing in 91 days to 180 days, 4.75 per cent interest is offered, and on deposits maturing in 180 days to 240 days, 5.25 per cent interest is provided. RBL Bank pays 5.50 per cent interest on deposits with a maturity period of 241 to 364 days. RBL Bank pays 6.10 per cent on deposits kept for a period of 12 months or less than 36 months. RBL Bank offers a 6.30 per cent interest rate on three- to five-year FDs. The bank is now offering a 6.00 interest rate on FDs maturing in 60 months to less than 120 months and 120 months to 240 months. RBL Bank provides 0.50 per cent higher rates to senior customers than to the general public. Senior folks will now get interest rates ranging from 3.75 per cent to 7.00 per cent following the adjustment.

RBL Bank FD Rates (Below Rs 3 Cr)

TenureRegular FD RatesSenior Citizen FD Rates
7 days to 14 days3.25%3.75%
15 days to 45 days4.00%4.50%
46 days to 90 days4.25%4.75%
91 days to 180 days4.75%5.25%
181 days to 240 days5.25%5.75%
241 days to 364 days5.50%6.00%
12 months to less than 24 months6.10%6.60%
24 months to less than 36 months6.10%6.60%
36 months to less than 60 months6.30%6.80%
60 months to 60 months 1 day6.50%7.00%
60 months 2 days to less than 120 months6.00%6.50%
120 months to 240 months6.00%6.50%
Tax Savings Fixed Deposit (60 months)6.50%7.00%
Source: RBL Bank, W.e.f. 1 June 2021

Read more about: fd fixed deposit investment rbl bank
Story first published: Friday, June 4, 2021, 8:51 [IST]
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