Find Equitas Small Finance Bank Recurring Deposit Interest Rates (as on 21 Apr 2019). An account in which the investor needs to deposit the pre-specified amount at periodical intervals (In instalments-usually monthly instalments) for a long term.
Bank RDs are offered by public sector banks, private sector banks, co-operative banks, foreign banks and regional rural banks. You are required to invest in regular instalments (usually monthly) which are pre-decided by you. Multiple tenure having different interest rates are there with the banks which you can opt for according to your need. Interest rates is calculated quarterly not annually and maturity amount is taxable.
Premature withdrawals, In recurring deposit partial withdrawals are not allowed, you can withdraw entire amount anytime but after charging a certain penalty, banks generally charge 1% as penalty.
|Maturity Period||Interest Rate (p.a.)|
|Bank Name||1 Year (p.a.)||5 Years (p.a.)||Calculate|
|Esaf Small Finance Bank||8.75%||7.00%|
|North East Small Finance Bank||8.50%||6.75%|
|Suryoday Small Finance Bank||8.50%||7.25%|
|Equitas Small Finance Bank||8.50%||7.00%|
|Utkarsh Small Finance Bank||8.50%||7.00%|
|Ujjivan Small Finance Bank||8.30%||6.50%|
|Fincare Small Finance Bank Ltd||8.00%||%|
|Capital Small Finance Bank||7.65%||7.50%|
|Laxmi Vilas Bank||7.60%||7.75%|
|Tamilnad Mercantile Bank||7.40%||6.90%|
|Standard Chartered Bank||7.40%||%|
|City Union Bank||7.35%||6.70%|
|Kotak Mahindra Bank||7.30%||6.50%|
|Jammu And Kashmir Bank||7.30%||6.50%|
|Karur Vysya Bank||7.25%||7.00%|
|Catholic Syrian Bank||7.00%||6.50%|
|Au Small Finance Bank||7.00%||7.25%|
2019 April 27 is a bank holiday in Andaman And Nicobar Island due to 4th Saturday Bank Holiday.
2019 May 01 is a bank holiday in Andhra Pradesh due to May Day / Labour Day.
2019 May 01 is a bank holiday in Maharashtra due to Maharashtra Din.
2019 May 07 is a bank holiday in West Bengal due to Rabindranath Tagore Jayanti.
2019 May 11 is a bank holiday in Andaman And Nicobar Island due to 2nd Saturday Bank Holiday.
2019 May 16 is a bank holiday in Sikkim due to Sate Day.