Recurring Deposit accounts are good for salaried account holders or for those having a fixed income every month. The depositor can select the monthly instalment as per his monthly surplus and opt for a tenure and maturity amount that matches an expected funds requirement in the future.
| Term Deposits | General Public | Senior Citizen |
|---|---|---|
| RD 1 Year to 5 Years | 6.15 % | 6.40 % |
| RD above 5 Years to 10 Years | 5.65 % | 5.90 % |
| Millennium RD (5 years only) | 6.65 % | 6.90 % |
Conditions Apply
* KYC Documents such as Address Proof, ID Proof, PAN Card is compulsory as per RBI Guidelines.
