Business News Desk, Have you also opened RD or you also have a plan to get RD done in the coming days, then this is important news for you. By investing in banks, people get many benefits and also get very good interest. You get good interest on Recurring Deposit. Today we will tell you which banks including SBI (SBI RD), PNB (PNB RD) are paying how much interest on RD.
Many banks increased interest rates
You can open RD through offline, online or mobile banking. State Bank of India, HDFC Bank and ICICI Bank have increased the interest on Recurring Deposit ie RD. Now these banks are offering more interest than before. If you are also thinking of investing on RD, then we tell you how much interest you are getting in which bank.
What is RD Scheme?
RD is a small saving scheme. In this, you can also open an account from post office or banks and invest in it only for 5 years. On investing money in this, you are given much better interest from the banks and you are given many facilities on getting RD done by the bank. Let us tell you that all banks pay different interest on RD.
SBI RD Interest Rate
State Bank of India is giving you interest ranging from 6.80 to 7 percent from 12 months to 120 months. In this you have to invest Rs 100 every month.
pnb rd interest rate
PNB Bank gives interest ranging from 5.5 to 7.25 per cent on RDs of 6 months to 10 months. You can pay RD even on the last day of the installment.
hdfc bank rd interest
HDFC Bank gives you 4.5 to 7.10 per cent interest on RDs ranging from 6 months to 120 months, in which you have to invest every day.
ICICI Bank RD Interest Rate
ICICI Bank gives you interest ranging from 4.75 to 7.10 per cent on RDs ranging from 6 months to 120 months on RDs. In which you can invest at least 500 rupees.