Bank Released New FD Rate: This bank increased interest on FD, new rates fixed, customers will get excellent returns

FD Rates: The country’s private sector bank has increased the interest on FD of more than Rs 2 crore. The Reserve Bank did not make any change in the repo rate in October. However, after this many banks have revised the interest rates. RBL Bank is offering FD ranging from 7 days to 10 years.

RBL Bank is now offering maximum interest of 7.10% to general public and 7.65% to senior citizens. These new rates have come into effect from October 16.

RBL Bank FD rates

• 7 days to 14 days: For general public – 3.50 percent; For senior citizens – 4 percent
• 15 days to 45 days: For general public – 4.00 percent; For senior citizens – 4.50 percent
• 46 days to 90 days: For general public – 4.50 percent; For senior citizens – 5 percent
• Less than 91 days equal to 6 months: For general public – 4.75 percent; For senior citizens – 5.25 percent
• 181 days to 240 days: For general public – 5.50 percent; For senior citizens – 6 percent
• 241 days to 364 days: For general public – 6.05 percent; For senior citizens – 6.55 percent
• 365 days to 452 days: For general public – 7 percent; For senior citizens – 7.50 percent
• 15 months: For general public – 7.80 percent; For senior citizens – 8.30 percent
• 15 months 1 day to 725 days: For general public – 7.80 percent; For senior citizens – 8.30 percent
• 725 days: For general public – 7.50 percent; For senior citizens – 8.00 percent
• Tax Saving 5 Year FD – 7.10 percent; For senior citizens – 7.60 percent