Private sector RBL Bank has changed the interest rates given on fixed deposits i.e. FDs of less than Rs 2 crore.
New Delhi. The Reserve Bank of India (RBI) has increased the repo rate twice in the last 36 days. After this, while the interest rate on loans is increasing, on the other hand, interest rates on bank deposits have also started increasing. In this episode, now the private sector RBL Bank has changed the interest rates given on fixed deposits i.e. FDs of less than Rs 2 crore.
The bank announced changes in interest rates on June 8, 2022. The bank will give 3.25 percent interest rate on deposits made between 7 to 14 days, 3.75 percent on deposits made between 15 to 45 days.
RBL Bank FD Rates
The interest rate on FDs maturing from 46 days to 90 days is 4.00 percent, while the interest rate on FDs maturing from 91 days to 180 days is 4.50 percent. RBL Bank is currently offering 5.00 percent interest rate on deposits from 181 days to 240 days and 5.25 percent interest rate on deposits from 241 days to 364 days.
Maximum rate of 6.65 per cent on deposits of 15 months
Earlier the bank used to offer interest rate of 6.25 per cent on deposits maturing in 12 months to less than 24 months, but now it is available from 12 months to less than 15 months. Will offer 6.25 percent interest rate on the deposits to be made. 6.65 percent interest rate will be given on deposits maturing in 15 months and 6.25 percent interest rate will be given on deposits maturing in 15 months from 1 day to less than 24 months. After the change, RBL Bank will now offer a maximum rate of 6.65 per cent on deposits of 15 months to regular customers.
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