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 …
A lot of people plan to accumulate funds for investment but find it difficult to save enough. Here is a comparison of RD accounts offered by SBI and post office: 1) For an SBI RD account, the term of deposit may vary between 12 months and 120 months, but Post Office offers RDs for a tenure of 5 years only. …