Co-operative Banks Recurring Deposit Interest Rate (as on Jun 2023)
Bank Recurring Deposit or bank RD is an investment option which allows investors to make fixed regular monthly deposits for the long term. In an RD the individual is required to deposit fixed amount every month for a pre-defined period.
Co-operative Banks also offer bank RDs to their customers apart from Bank RDs offered by them. Whenever you want to start a bank RD, you will definitely be interested to search for the best RD to invest in. Following table shows Co-operative Banks Recurring Deposit Interest Rate (as on Jun 2023).
You can use RD Interest Rate Calculator to calculate the interest and maturity value of your RD. You can also make use of "Calculate" option to easily calculate the amount of interest earned and the maturity amount of your Bank RD.
Co-Operative Banks Recurring Deposit Interest Rate 04 Jun 2023
Interest rate of bank RD keeps changing and also varies from bank to bank. The minimum amount and tenure is fixed by the bank. Banks offer RD for tenure ranging from 6 months to 10 years. Recurring Deposit Interest Rates may differ for different tenures.