Recurring Deposit: Instead of depositing lump sum money in FD, if you want to create a fat fund by depositing small amount every month, then Recurring Deposit Scheme is a great option.
Recurring Deposit Rates: If you want to invest in Recurring Deposit Scheme, then we are telling you about those top banks which are giving up to 8% return on RD scheme to their customers. Let’s know about these banks.
Bandhan Bank is offering 4.50 percent to 7.50 percent interest rate on RD scheme ranging from 6 months to 10 years to its general customers. At the same time, the bank is offering interest rates ranging from 5.25 percent to 8.00 percent to senior citizens.
Canara Bank is offering interest rates ranging from 5.50% to 7.00% on FDs ranging from 6 months to 10 years to its general customers. At the same time, the bank is offering interest rates ranging from 6.00 percent to 7.50 percent to senior citizens.
Punjab National Bank is offering interest rate ranging from 5.50% to 7.00% on RD scheme to its general customers and 6.00% to 7.50% to senior citizens.
Yes Bank is offering interest rate ranging from 5.50% to 7.50% to its customers below 60 years of age and 6.00% to 8.00% to senior citizens.
State Bank is offering interest rate ranging from 6.25 percent to 6.75 percent on RD to its ordinary citizens. At the same time, it is offering interest ranging from 6.75 percent to 7.25 percent to senior citizens.
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