Highest Recurring Deposit Interest Rates (26 Jan 2021)

Recurring Account Key Features

One of the best way of investment of your savings which is offered by almost all the banks in India.
It facilitates small savings with flexible amounts and tenures.
It inculcates a regular habit of saving for future needs.
It is available from minimum of 6 months to a maximum of 10 years with monthly instalments of 12, 24, 36, 48, 60, 72, 84, 96, 108 and 120 months.
It can be opened for monthly instalments of Rs 100 and thereafter, in multiples of Rs 100.
Once the RD account becomes active, the customer can not change the amount of the installment or the tenure.
Standing instruction for transferring the monthly instalments from the customer's SB / CA account is accepted.
Very popular among the salaried class persons.
Best for those who can afford to save only a few thousand rupees per month.
Almost all the banks do quarterly compounding in case of RD.
On maturity date, the RD holder is paid the maturity value i.e. the principal and the interest earned.
RD accounts can be prematurely closed and banks generally deduct some penalty as per the clauses of the bank.
Partial withdrawals are not allowed.
A penalty is levied upon a delayed payment or missing installment.
Some banks have a loan facility against the RD on pledging the RD as collateral.
Nomination facaility is available.

Recurring Deposit Interest Rates for 1 Year (as on 26 Jan 2021)

The highest interest rate is offered by ESAF Small Finance Bank (for 12 months) at 8.75% and Suryoday Small Finance Bank (for 12 months) at 8.50% followed by Utkarsh Small Finance Bank (for 12 months) at 8.25%.

Bank	Maturity Period	Interest Rate (p.a.)
North East Small Finance Bank Limited	12 Months	7.50%
Abu Dhabi Commercial Bank	12 Months	7.50%
Utkarsh Small Finance Bank	12 Months	7.25%
Suryoday Small Finance Bank	12 Months	7.25%
Equitas Small Finance Bank Limited	12 Months	7.10%
Rbl Bank Limited	12 Months	7.00%
Esaf Small Finance Bank Limited	12 Months	7.00%
Indusind Bank	12 Months	7.00%
Fincare Small Finance Bank Ltd	12 Months	6.95%
Yes Bank	12 Months	6.75%
Allahabad Bank	12 Months	6.75%
Idfc Bank Limited	12 Months	6.75%
Bharatiya Mahila Bank Limited	12 Months	6.70%
Ujjivan Small Finance Bank Limited	12 Months	6.50%
A B Bank Limited	12 Months	6.50%
Dcb Bank Limited	12 Months	6.50%
United Bank Of India	12 Months	6.50%
Capital Small Finance Bank Limited	12 Months	6.50%
Standard Chartered Bank	12 Months	6.30%
Laxmi Vilas Bank	12 Months	6.00%
Tamilnad Mercantile Bank Limited	12 Months	5.90%
Bandhan Bank Limited	12 Months	5.75%
Punjab And Sind Bank	12 Months	5.55%
Karnataka Bank Limited	12 Months	5.50%
Karur Vysya Bank	12 Months	5.50%
Au Small Finance Bank Limited	12 Months	5.50%
City Union Bank Limited	12 Months	5.50%
South Indian Bank	12 Months	5.50%
Syndicate Bank	12 Months	5.50%
Federal Bank	12 Months	5.45%
The Nainital Bank Limited	12 Months	5.40%
Andhra Bank	12 Months	5.40%
Union Bank Of India	12 Months	5.40%
Canara Bank	12 Months	5.40%
Corporation Bank	12 Months	5.40%
Bank Of India	12 Months	5.35%
Indian Overseas Bank	12 Months	5.30%
Dhanalakshmi Bank	12 Months	5.25%
Catholic Syrian Bank Limited	12 Months	5.25%
Oriental Bank Of Commerce	12 Months	5.25%
Indian Bank	12 Months	5.25%
Punjab National Bank	12 Months	5.25%
Idbi Bank	12 Months	5.20%
Axis Bank	12 Months	5.20%
Vijaya Bank	12 Months	5.10%
State Bank Of Mysore	12 Months	5.10%
Bank Of Baroda	12 Months	5.10%
Jammu And Kashmir Bank Limited	12 Months	5.10%
State Bank Of Patiala	12 Months	5.10%
Dena Bank	12 Months	5.10%
State Bank Of Bikaner And Jaipur	12 Months	5.10%
Hdfc Bank	12 Months	5.10%
State Bank Of Travancore	12 Months	5.10%
State Bank Of India	12 Months	5.10%
Central Bank Of India	12 Months	5.00%
Uco Bank	12 Months	5.00%
Bank Of Maharashtra	12 Months	5.00%
Icici Bank Limited	12 Months	5.00%
Kotak Mahindra Bank Limited	12 Months	4.75%
Dbs Bank Ltd	12 Months	4.15%
B N P Paribas	12 Months	4.00%
Deustche Bank	12 Months	4.00%
Chinatrust Commercial Bank Limited	12 Months	3.90%
Hsbc Bank	12 Months	3.25%
Citi Bank	12 Months	3.00%

Recurring Deposit Interest Rates for 2 Years (as on 26 Jan 2021)

The highest interest rate is offered by Fincare Small Finance Bank (for 2 years) at 8.75% and North East Small Finance Bank (for 2 years) at 8.50% followed by Suryoday Small Finance Bank (for 2 years) at 8.50%.

Bank	Maturity Period	Interest Rate (p.a.)
North East Small Finance Bank Limited	2 Years	8.00%
Abu Dhabi Commercial Bank	2 Years	7.50%
Suryoday Small Finance Bank	2 Years	7.25%
Utkarsh Small Finance Bank	2 Years	7.25%
Equitas Small Finance Bank Limited	2 Years	7.10%
Fincare Small Finance Bank Ltd	2 Years	7.10%
Indusind Bank	2 Years	7.00%
Rbl Bank Limited	2 Years	7.00%
Dcb Bank Limited	2 Years	6.80%
Yes Bank	2 Years	6.75%
Bharatiya Mahila Bank Limited	2 Years	6.75%
Idfc Bank Limited	2 Years	6.75%
Esaf Small Finance Bank Limited	2 Years	6.75%
Allahabad Bank	2 Years	6.60%
Capital Small Finance Bank Limited	2 Years	6.50%
Ujjivan Small Finance Bank Limited	2 Years	6.50%
Au Small Finance Bank Limited	2 Years	6.50%
United Bank Of India	2 Years	6.25%
Standard Chartered Bank	2 Years	6.20%
Bandhan Bank Limited	2 Years	6.00%
Laxmi Vilas Bank	2 Years	6.00%
A B Bank Limited	2 Years	6.00%
Tamilnad Mercantile Bank Limited	2 Years	5.90%
City Union Bank Limited	2 Years	5.75%
Punjab And Sind Bank	2 Years	5.55%
The Nainital Bank Limited	2 Years	5.50%
Karnataka Bank Limited	2 Years	5.50%
Karur Vysya Bank	2 Years	5.50%
South Indian Bank	2 Years	5.50%
Axis Bank	2 Years	5.50%
Federal Bank	2 Years	5.45%
Corporation Bank	2 Years	5.40%
Andhra Bank	2 Years	5.40%
Union Bank Of India	2 Years	5.40%
Canara Bank	2 Years	5.35%
Syndicate Bank	2 Years	5.35%
Indian Overseas Bank	2 Years	5.35%
Idbi Bank	2 Years	5.30%
Dhanalakshmi Bank	2 Years	5.25%
Catholic Syrian Bank Limited	2 Years	5.25%
Bank Of India	2 Years	5.25%
Oriental Bank Of Commerce	2 Years	5.25%
Punjab National Bank	2 Years	5.25%
Jammu And Kashmir Bank Limited	2 Years	5.20%
Indian Bank	2 Years	5.15%
Icici Bank Limited	2 Years	5.10%
Vijaya Bank	2 Years	5.10%
State Bank Of Mysore	2 Years	5.10%
Bank Of Baroda	2 Years	5.10%
State Bank Of Patiala	2 Years	5.10%
Dena Bank	2 Years	5.10%
State Bank Of Bikaner And Jaipur	2 Years	5.10%
Hdfc Bank	2 Years	5.10%
State Bank Of Travancore	2 Years	5.10%
State Bank Of India	2 Years	5.10%
Central Bank Of India	2 Years	5.00%
Uco Bank	2 Years	5.00%
Bank Of Maharashtra	2 Years	5.00%
Kotak Mahindra Bank Limited	2 Years	4.90%
Deustche Bank	2 Years	4.50%
Chinatrust Commercial Bank Limited	2 Years	4.40%
Dbs Bank Ltd	2 Years	4.35%
B N P Paribas	2 Years	4.00%
Hsbc Bank	2 Years	3.75%
Citi Bank	2 Years	3.25%

Recurring Deposit Interest Rates for 3 Years (as on 26 Jan 2021)

The highest interest rate is offered by Fincare Small Finance Bank (for 3 years) at 9% and Suryoday Small Finance Bank (for 3 years) at 8.75% followed by The Nainital Bank (for 3 years) at 7.75%.

Bank	Maturity Period	Interest Rate (p.a.)
Suryoday Small Finance Bank	3 Years	8.10%
North East Small Finance Bank Limited	3 Years	8.00%
Abu Dhabi Commercial Bank	3 Years	7.50%
Rbl Bank Limited	3 Years	7.25%
Utkarsh Small Finance Bank	3 Years	7.25%
Fincare Small Finance Bank Ltd	3 Years	7.20%
Equitas Small Finance Bank Limited	3 Years	7.15%
Dcb Bank Limited	3 Years	6.95%
Bharatiya Mahila Bank Limited	3 Years	6.80%
Indusind Bank	3 Years	6.75%
Yes Bank	3 Years	6.75%
Idfc Bank Limited	3 Years	6.75%
Au Small Finance Bank Limited	3 Years	6.75%
Capital Small Finance Bank Limited	3 Years	6.50%
Allahabad Bank	3 Years	6.50%
Esaf Small Finance Bank Limited	3 Years	6.50%
United Bank Of India	3 Years	6.25%
Ujjivan Small Finance Bank Limited	3 Years	6.05%
Standard Chartered Bank	3 Years	6.00%
Laxmi Vilas Bank	3 Years	6.00%
A B Bank Limited	3 Years	6.00%
City Union Bank Limited	3 Years	5.75%
Bandhan Bank Limited	3 Years	5.75%
Catholic Syrian Bank Limited	3 Years	5.75%
Tamilnad Mercantile Bank Limited	3 Years	5.75%
Karnataka Bank Limited	3 Years	5.65%
Karur Vysya Bank	3 Years	5.65%
South Indian Bank	3 Years	5.60%
Federal Bank	3 Years	5.60%
Punjab And Sind Bank	3 Years	5.55%
Axis Bank	3 Years	5.50%
Dhanalakshmi Bank	3 Years	5.50%
The Nainital Bank Limited	3 Years	5.50%
Corporation Bank	3 Years	5.40%
Andhra Bank	3 Years	5.40%
Union Bank Of India	3 Years	5.40%
Indian Overseas Bank	3 Years	5.35%
Canara Bank	3 Years	5.30%
Syndicate Bank	3 Years	5.30%
State Bank Of Mysore	3 Years	5.30%
Idbi Bank	3 Years	5.30%
Jammu And Kashmir Bank Limited	3 Years	5.30%
State Bank Of Patiala	3 Years	5.30%
State Bank Of Bikaner And Jaipur	3 Years	5.30%
State Bank Of Travancore	3 Years	5.30%
State Bank Of India	3 Years	5.30%
Punjab National Bank	3 Years	5.25%
Bank Of India	3 Years	5.25%
Oriental Bank Of Commerce	3 Years	5.25%
Hdfc Bank	3 Years	5.20%
Indian Bank	3 Years	5.15%
Icici Bank Limited	3 Years	5.10%
Vijaya Bank	3 Years	5.10%
Bank Of Baroda	3 Years	5.10%
Central Bank Of India	3 Years	5.10%
Dena Bank	3 Years	5.10%
Uco Bank	3 Years	5.00%
Bank Of Maharashtra	3 Years	5.00%
Kotak Mahindra Bank Limited	3 Years	4.90%
Chinatrust Commercial Bank Limited	3 Years	4.75%
Deustche Bank	3 Years	4.75%
Dbs Bank Ltd	3 Years	4.70%
Hsbc Bank	3 Years	4.00%
Citi Bank	3 Years	3.80%

Recurring Deposit Interest Rates for 4 Years (as on 26 Jan 2021)

The highest interest rate is offered by Fincare Small Finance Bank (for 4 years) at 8% and The Nainital Bank (for 4 years) at 7.75% followed by Suryoday Small Finance Bank (for 4 years) at 7.75%.

Bank	Maturity Period	Interest Rate (p.a.)
Suryoday Small Finance Bank	4 Years	7.75%
Abu Dhabi Commercial Bank	4 Years	7.65%
Fincare Small Finance Bank Ltd	4 Years	7.30%
Utkarsh Small Finance Bank	4 Years	7.25%
North East Small Finance Bank Limited	4 Years	7.00%
Dcb Bank Limited	4 Years	6.95%
Bharatiya Mahila Bank Limited	4 Years	6.80%
Indusind Bank	4 Years	6.75%
Equitas Small Finance Bank Limited	4 Years	6.75%
Rbl Bank Limited	4 Years	6.75%
Yes Bank	4 Years	6.75%
Idfc Bank Limited	4 Years	6.75%
Allahabad Bank	4 Years	6.50%
Esaf Small Finance Bank Limited	4 Years	6.50%
Au Small Finance Bank Limited	4 Years	6.50%
Capital Small Finance Bank Limited	4 Years	6.50%
Laxmi Vilas Bank	4 Years	6.00%
A B Bank Limited	4 Years	6.00%
United Bank Of India	4 Years	6.00%
Standard Chartered Bank	4 Years	6.00%
Ujjivan Small Finance Bank Limited	4 Years	5.80%
Bandhan Bank Limited	4 Years	5.75%
Catholic Syrian Bank Limited	4 Years	5.75%
Tamilnad Mercantile Bank Limited	4 Years	5.75%
Karnataka Bank Limited	4 Years	5.65%
Karur Vysya Bank	4 Years	5.65%
Federal Bank	4 Years	5.60%
South Indian Bank	4 Years	5.60%
Punjab And Sind Bank	4 Years	5.55%
Dhanalakshmi Bank	4 Years	5.50%
The Nainital Bank Limited	4 Years	5.50%
City Union Bank Limited	4 Years	5.50%
Axis Bank	4 Years	5.50%
Andhra Bank	4 Years	5.45%
Union Bank Of India	4 Years	5.45%
Corporation Bank	4 Years	5.45%
Hdfc Bank	4 Years	5.35%
Indian Overseas Bank	4 Years	5.35%
Icici Bank Limited	4 Years	5.35%
Vijaya Bank	4 Years	5.30%
State Bank Of Mysore	4 Years	5.30%
Idbi Bank	4 Years	5.30%
Bank Of Baroda	4 Years	5.30%
Jammu And Kashmir Bank Limited	4 Years	5.30%
State Bank Of Patiala	4 Years	5.30%
Dena Bank	4 Years	5.30%
State Bank Of Bikaner And Jaipur	4 Years	5.30%
State Bank Of Travancore	4 Years	5.30%
Oriental Bank Of Commerce	4 Years	5.30%
State Bank Of India	4 Years	5.30%
Punjab National Bank	4 Years	5.30%
Canara Bank	4 Years	5.30%
Syndicate Bank	4 Years	5.30%
Bank Of India	4 Years	5.25%
Indian Bank	4 Years	5.15%
Central Bank Of India	4 Years	5.10%
Deustche Bank	4 Years	5.00%
Bank Of Maharashtra	4 Years	5.00%
Uco Bank	4 Years	4.95%
Dbs Bank Ltd	4 Years	4.90%
Chinatrust Commercial Bank Limited	4 Years	4.75%
Kotak Mahindra Bank Limited	4 Years	4.75%
Hsbc Bank	4 Years	4.00%
Citi Bank	4 Years	3.90%

Recurring Deposit Interest Rates for 5 Years (as on 26 Jan 2021)

The highest interest rate is offered by Fincare Small Finance Bank (for 5 years) at 8% and Utkarsh Small Finance Bank (for 5 years) at 8% followed by Suryoday Small Finance Bank (for 5 years) at 7.75%.

Bank	Maturity Period	Interest Rate (p.a.)
Suryoday Small Finance Bank	5 Years	8.25%
Abu Dhabi Commercial Bank	5 Years	7.65%
Utkarsh Small Finance Bank	5 Years	7.25%
Dcb Bank Limited	5 Years	6.95%
Bharatiya Mahila Bank Limited	5 Years	6.85%
Indusind Bank	5 Years	6.75%
Equitas Small Finance Bank Limited	5 Years	6.75%
Rbl Bank Limited	5 Years	6.75%
Yes Bank	5 Years	6.75%
Idfc Bank Limited	5 Years	6.75%
Allahabad Bank	5 Years	6.50%
Fincare Small Finance Bank Ltd	5 Years	6.50%
Au Small Finance Bank Limited	5 Years	6.50%
North East Small Finance Bank Limited	5 Years	6.50%
Capital Small Finance Bank Limited	5 Years	6.25%
Deustche Bank	5 Years	6.25%
Standard Chartered Bank	5 Years	6.00%
Laxmi Vilas Bank	5 Years	6.00%
Esaf Small Finance Bank Limited	5 Years	6.00%
A B Bank Limited	5 Years	6.00%
United Bank Of India	5 Years	6.00%
Ujjivan Small Finance Bank Limited	5 Years	5.80%
Bandhan Bank Limited	5 Years	5.75%
Catholic Syrian Bank Limited	5 Years	5.75%
Tamilnad Mercantile Bank Limited	5 Years	5.75%
Karnataka Bank Limited	5 Years	5.65%
Karur Vysya Bank	5 Years	5.65%
Federal Bank	5 Years	5.60%
South Indian Bank	5 Years	5.60%
Punjab And Sind Bank	5 Years	5.55%
Dhanalakshmi Bank	5 Years	5.50%
The Nainital Bank Limited	5 Years	5.50%
City Union Bank Limited	5 Years	5.50%
Axis Bank	5 Years	5.50%
Corporation Bank	5 Years	5.45%
Andhra Bank	5 Years	5.45%
Union Bank Of India	5 Years	5.45%
Icici Bank Limited	5 Years	5.35%
Hdfc Bank	5 Years	5.35%
Indian Overseas Bank	5 Years	5.35%
Canara Bank	5 Years	5.30%
Syndicate Bank	5 Years	5.30%
Vijaya Bank	5 Years	5.30%
State Bank Of Mysore	5 Years	5.30%
Idbi Bank	5 Years	5.30%
Bank Of Baroda	5 Years	5.30%
Jammu And Kashmir Bank Limited	5 Years	5.30%
State Bank Of Patiala	5 Years	5.30%
Dena Bank	5 Years	5.30%
State Bank Of Bikaner And Jaipur	5 Years	5.30%
State Bank Of Travancore	5 Years	5.30%
Oriental Bank Of Commerce	5 Years	5.30%
State Bank Of India	5 Years	5.30%
Punjab National Bank	5 Years	5.30%
Bank Of India	5 Years	5.25%
Dbs Bank Ltd	5 Years	5.20%
Indian Bank	5 Years	5.15%
Central Bank Of India	5 Years	5.10%
Bank Of Maharashtra	5 Years	5.00%
Uco Bank	5 Years	4.95%
Chinatrust Commercial Bank Limited	5 Years	4.75%
Kotak Mahindra Bank Limited	5 Years	4.50%
Hsbc Bank	5 Years	4.00%
Citi Bank	5 Years	3.90%

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Highest FD Interest Rates

Bank Name	Interest(p.a.)
Esaf Small Finance Bank	8.75%
Suryoday Small Finance Bank	8.50%
Utkarsh Small Finance Bank	8.50%
Equitas Small Finance Bank	8.50%
North East Small Finance Bank	8.50%
Ujjivan Small Finance Bank	8.30%
Indusind Bank	8.00%
Rbl Bank	8.00%
Fincare Small Finance Bank Ltd	8.00%
The Nainital Bank	7.90%

Senior Citizen FD Interest Rates

Bank Name	Interest(p.a.)
Esaf Small Finance Bank	8.75%
Suryoday Small Finance Bank	8.50%
Utkarsh Small Finance Bank	8.50%
Equitas Small Finance Bank	8.50%
North East Small Finance Bank	8.50%
Ujjivan Small Finance Bank	8.30%
Indusind Bank	8.00%
Rbl Bank	8.00%
Fincare Small Finance Bank Ltd	8.00%
The Nainital Bank	7.90%

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