Sbi Recurring Deposit Interest Rate

Recurring Deposit - SBI - Bangladesh. Schedule of Charges Forms Downloads Interest Rates Bangladesh Bank High Commission of India Indian Visa. Recurring deposit rates in SBI and post office: -For the general public, RD interest rates in SBI currently vary between 5 -5.4 percent. Senior citizens get an additional interest of 50 basis. SBI RD interest rate As per the SBI's official website — sbi.co.in — the SBI RD interest rate is 5.3 per cent for 3-5 year tenor while the SBI RD interest rate for above 5 year tenor is 5.4 per cent, if the SBI depositor is below 60 years of age. SBI RD calculator for senior citizens.

Sbi Fixed Deposit Interest Rate
Sbi Recurring Deposit Calculator
Sbi Recurring Deposit Interest Rate Chicago
Bank Term Deposit Interest Rates
Sbi Recurring Deposit Interest Rates 2020
Sbi Recurring Deposit Interest Rate In Singapore
Sbi Nri Interest Rates

Recurring Deposit Account

Recurring Deposits is a systematic investment plan (SIP) to build an accumulated savings fund for achieving one’s financial goals. It is meant for those who wish to invest a specific chosen amount of money on a monthly basis for a fixed rate of return. The first deposit made at the time of opening will be the denomination of the account. Each subsequent monthly instalment made is equal to the first deposit.

Recurring Deposit Account tabbed content

Features

Choose a term in months (6 months to 60 months)
Choose a fixed amount called instalment to deposit each month regularly (minimum ZAR 500 and multiples of ZAR 100)
Deposits the instalment every month during the contracted period.
Automatic transfer of monthly instalment from transactional accounts based on standing instructions
Interest rate is fixed for the term of the deposit
For senior citizens i.e. of age 55 years or older extra 0.25% p.a. interest for deposits of 24 months and above
Interest paid on maturity.
Early withdrawal of funds is not allowed except under extreme circumstances as a matter of discretion but with penalty fees
Funds on maturity will be handled as per instructions.
For emergency needs, avail easy loans upto 90% of the balance amount lying in the account.
No monthly transactional fees

Interest Rates

Interest on Recurring Deposit Account is paid on maturity. Please click on Interest rates for detail of interest rates in Recurring Deposit Account.

Investments Left Menu

Investments (For Individuals)

SA Trending Product

Personal Banking

Corporate Banking

SA Quick Links

Save now to invest in your future

Open a Fixed Deposit account today

Recurring deposit Content

Recurring Deposit
Regular small savings to build up a fund

Recurring Deposit allows you to invest a fixed amount ranging from minimum LKR 1,000/ per month to maximum LKR 25,000/- per month (in multiples of LKR 1,000/-) at monthly intervals for building up an amount at the end of the term to fulfill your dreams.

Term of deposit

12 / 24 months.

Sbi Fixed Deposit Interest Rate

Sbi Recurring Deposit Calculator

Eligibility

Resident Individuals (Sri Lankan, Indian & Other Nationals) of 18 years of age & above.
Single or in Joint names with other individuals.

Interest Rates

Card rates on Fixed deposits.
Please refer ‘interest rates’ link under ‘Quick links’ for latest interest rates.

Key Benefits

High safety & security of your funds.
Free Nomination facility.

Personal Banking Left Menu

Personal Banking