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RBL Bank FD Rate of Interest on Domestic Deposits less than Rs. 2 crore NRO, NRE & Flexi Free Deposits: w.e.f. 2nd March, 2019
|Period of Deposit||Interest Rate (% p.a.)||Effective Annualized Yield %||Senior Citizen Interest Rate (% p.a.)|
|7 days - 14 days||5.00||5.00||5.50|
|15 days - 45 days||6.00||6.00||6.50|
|46 days - 90 days||7.00||7.00||7.50|
|91 days - 180 days||7.15||7.15||7.65|
|181 days - 240 days||7.25||7.36||7.75|
|241 days - 364 days||7.35||7.56||7.85|
|12 months to less than 24 months||8.00||8.24||8.50|
|24 months to less than 36 months||8.05||8.30||8.55|
|36 months to less than 60 months||7.60||7.82||8.10|
|60 months to less than 120 months||7.60||7.82||8.10|
|120 months to 240 months||7.20||7.40||7.70|
|Tax Saving Fixed Deposit (60 months to less than 120 months)||7.60||7.82||8.10|
|Period of Deposit||Interest Rate (% p.a.)||Effective Annualized Yield %||Senior Citizen Interest Rate (% p.a.)||Effective Annualised Yield % for Senior Citizen|
|7 days - 14 days||5.50||5.50||5.50||5.50|
|15 days - 45 days||6.50||6.00||6.50||6.50|
|46 days - 90 days||7.00||7.00||7.50||7.50|
|91 days - 180 days||7.25||7.25||7.80||7.80|
|181 days - 240 days||7.25||7.36||7.75||7.75|
|241 days - 364 days||7.50||7.71||8.00||8.20|
|12 months to less than 24 months||8.00||8.24||8.50||8.00|
|24 months to less than 36 months||8.05||8.30||8.60||8.80|
|36 months to less than 60 months||7.60||7.82||8.10||8.40|
|60 months to less than 120 months||7.60||7.82||8.10||8.40|
|120 months to 240 months||6.95||7.13||7.50||7.70|
RBL Bank FD Rate of Interest on Savings Deposit (including NRE/NRO Savings; rate of interest % per annum) w.e.f. 7th December, 2018
|Daily Balance||Rate of Interest (%)|
|Up to Rs. 1 lakh||5.50|
|Above Rs. 1 lakh & up to Rs. 10 lakh||6.00|
|Above Rs. 10 lakh & up to Rs. 3 crore||6.50|
|Above Rs. 3 crore & up to Rs. 5 crore||7.00|
RBL Bank FD Rate of Interest on FCNRB (B) Deposits: w.e.f. 2nd April, 2019 (rate of interest % per annum)
|1 Year to less than 2 Years||4.35||1.60||0.10||2.25||2.45||0.39||2.60||0.10|
|2 Years to less than 3 Years||4.30||1.65||0.10||2.25||2.45||0.18||2.60||0.10|
|3 Years to less than 4 Years||4.25||1.65||0.10||0.18||2.45||0.18||2.60||0.10|
|4 Years to less than 5 Years||4.25||1.70||0.10||0.18||2.45||0.18||2.65||0.10|
What is the FD interest rate that RBL Bank offers to the senior citizens?
Senior Citizens, who are Residents of Indians, are eligible for an additional interest rate of 0.5% p.a. However, the increased interest rate is not applicable on NRI Fixed Deposits (NRE/NRO/FCNR).
Can I make alterations to the tenure of my ongoing RBL Bank Fixed Deposit?
No, once you have chosen the tenure at the time of opening the fixed deposit with RBL Bank, you cannot change it later.
How to open a RBL Bank Fixed Deposit account without a PAN card?
You can submit Form 16, accurately filled up, instead of PAN card, while opening a Fixed Deposit account at RBL Bank.
What is the highest interest rate that is offered by RBL Bank Fixed Deposit?
The highest interest rate offered by RBL Bank is 8.05% for tenures that exceed 24 months, but less than 36 months.
What are the tenure options for RBL Bank Fixed Deposit?
The following are the tenure options for RBL bank Fixed Deposit:
What is the minimum amount required to start an RBL Bank Fixed Deposit account?
The minimum amount required to start a FD with RBL Bank is Rs. 1,000.
What is the eligibility criteria to open a RBL Bank Fixed Deposit account?
The following categories are eligible for opening a RBL Bank Fixed Deposit:
Can I open my RBL Bank Fixed Deposit without a PAN card?
You can open a Fixed Deposit with RBL Bank by submitting Form 16, filled up with correct information, instead of PAN card.