Recurring deposit interest rates: For the December quarter, the government increased the interest rate on the five-year recurring deposit scheme while retaining the rates for all other small savings schemes. Post Office RD vs SBI RD vs HDFC Bank RD The government has raised the interest rate on the five-year recurring deposit scheme to 6.7 per cent from 6.5 per …
The country's largest lender State Bank of India has increased interest rates on recurring deposits. SBI Recurring Deposit SBI RD interest rates vary between 6.5%-7% for the general public and an additional interest rate hike of 50 basis points for senior citizens. SBI RD rates effective 15 February 2023 1 year to less than 2 years - 6.80% 2 years …
Recurring Deposit is a popular savings scheme that offers a fixed interest rate on the investment amount of regular instalments. The minimum monthly amount for opening Post Office RD is ₹10 per which can be increased in multiples in multiples of ₹5. SBI RD SBI RD interest rates vary between 5%-5.4% for the general public and an additional interest rate …
A recurring deposit account is a good way of making periodic investments. Here is a comparison of RD accounts offered by SBI and post office: 1) State Bank of India or SBI has lowered the interest rate on recurring deposits effective from 10th September 2019. SBI RD interest rates vary between 5.80%-6.25% for general public and an additional interest rate …
