Recurring Deposit Account (RD) Interest Rates

RD Interest Rates

Period

Interest(%)

Amount repayable for an account of Rs10 den. on Maturity

01/03/2001 to 28/02/2002

9%

758.53

01/03/2002 to 28/02/2003

8.5%

748.49

01/03/2003 to 30/11/2011

7.5%

728.90

01/12/2011 to 31/03/2012

8%

738.62

01/04/2012 to 31/03/2013

8.4%

746.51

01/04/2013 to 31/03/2014

8.3%

744.53

01/04/2014 to 31/03/2016

8.4%

746.51

01/04/2016 to 30/09/2016

7.4%

726.97

01/10/2016 to 31/12/2016

7.3%

725.05

01/01/2017 to 31/03/2017

7.3%

725.05

01/04/2017 to 30/06/2017

7.2%

723.14

01/07/2017 to 30/09/2017

7.1%

721.23

01/10/2017 to 31/12/2017

7.1%

721.23

01/01/2018 to 30/09/2018

6.9%

717.43

01/10/2018 to 31/03/2019

7.3%

725.05

*Frequency of Compounding - Quaterly

*Tenure - 5 Years

*Minimum Deposit - Rs.10/-

*Maximum Deposit - No Limit/-

*One withdrawal up to 50% of the balance allowed after one year

*PMC - Allowed after completion of 3 Years. SB Rate of interest applicable