For the general public, the bank will now provide 4.50 per cent to 6.25 per cent interest rates on Recurring Deposits (RDs) with terms ranging from 6 months to 120 months. Starting today, HDFC Bank has also updated its interest rates on recurring deposits (26 October). Let’s have a look at the highest rd rates in 2023 from the top banks. Axis Bank provides its customers with the most attractive Recurring Deposit interest rates starting from a minimum tenure of 6. There are a plethora of banks that provide customers with the facility to get an RD account opened. Following today’s increase, elderly residents will get interest rates ranging from 3.5 per cent to 6.95 per cent on FDs with terms ranging from 7 days to 10 years.Ħ months 1 days <= 9 months 5.25 per centĪlso Read | HDFC Bank launches SmartHub Vyapar for merchants Axis Bank’s Recurring Deposit interest rate gives you the advantage of earning a higher rate of return on your systematic monthly deposits and gain with the benefit of compounding. Senior people will receive a 50 basis point interest rate increase over those offered to ordinary customers.
