Feb 2016: Latest Recurring deposit (RD) interest rates

Latest RD Deposit Interest Rates of Major Banks of India – August 2015. Check interest rates  yearly wise or Rates on Deposits yearly for SBI, HDFC, Ratnakar bank, Allahabad Bank, ICICI Bank, Axis Bank, SBH, Bank of Baroda, Bank of India, Federal Bank, PNb etc

Following are the highest Interest rates on Recurring Deposits based on duration:

  1. For RD duration of 1 Year The Ratnakar Bank offers 8.85% and Lakshmi Vilas Bank offers 8.6%
  2. For 2 years The Ratnakar Bank offers 9.1% and Lakshmi Vilas Bank and DCB Bank offers 8.6%
  3. For 3 to 4 Years the best offer is by The Ratnakar Bank offering 9.0% interest rate
  4. For 5+ Years RD duration the best interest is offered at 9.0% by The Ratnakar Bank and 8.6% by Tamilnad Mercantile Bank Ltd
Banks Name 1 Years 2 Years 3 Years 4 Years 5 Years 5+ Years
Allahabad Bank 8.10% 8.10% 8.10% 8.10% 8.00% 8.00%
Andhra Bank 8.25% 8.25% 8.25% 8.00% 8.00% 8.00%
Axis Bank 8.20% 8.15% 8.15% 8.15% 8.00% 8.00%
Bank of Baroda 8.25% 8.25% 8.25% 8.00% 8.00% 8.00%
Bank of India 8.25% 8.25% 8.25% 8.25% 8.00% 8.00%
Bank of Maharashtra 8.25% 8.25% 8.25% 8.25% 8.25% 8.25%
Canara Bank 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
Catholic Syrian Bank 8.25% 8.25% 8.10% 8.10% 8.10% 8.10%
Central Bank of India 8.35% 8.25% 8.15% 8.15% 8.15% 8.15%
City Union Bank 8.50% 8.25% 8.25% 8.25% 8.25% 8.00%
Corporation Bank 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
DCB Bank 8.40% 8.60% 8.60% 8.60% 8.60% 8.50%
Dena Bank 8.25% 8.00% 8.00% 8.00% 8.00% 8.00%
Dhanalakshmi Bank 8.30% 8.30% 8.10% 8.10% 8.10% 8.10%
Federal Bank 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
HDFC Bank 8.20% 8.20% 8.20% 8.20% 8.20% 8.20%
ICICI Bank 8.00% 8.25% 8.25% 8.25% 8.25% 8.00%
IDBI Bank 8.25% 8.25% 8.25% 8.25% 8.25% 8.25%
Indian Overseas Bank 8.00% 7.75% 7.75% 7.75% 7.75% 7.75%
Indus Ind Bank 8.35% 8.25% 8.25% 8.25% 8.25% 8.25%
J&K Bank 8.25% 8.25% 8.25% 8.25% 8.00% 8.00%
Karnataka Bank 8.35% 8.25% 8.25% 8.25% 8.25% 8.25%
Karur Vysya Bank 8.30% 8.50% 8.50% 8.50% 8.50% 8.50%
Kotak Mahindra Bank 8.20% 8.25% 8.25% 8.25% 8.20% 8.20%
Lakshmi Vilas Bank 8.60% 8.60% 8.60% 8.60% 8.50% 8.50%
Oriental Bank of Commerce 8.00% 7.75% 7.75% 7.75% 7.75% 7.75%
Punjab and Sind Bank 8.15% 8.15% 7.75% 7.75% 7.75% 7.75%
Punjab National Bank 8.10% 8.00% 8.00% 8.00% 8.00% 8.00%
South Indian Bank 8.25% 8.00% 8.00% 8.00% 8.00% 8.00%
State Bank of Bikaner and Jaipur 8.00% 8.00% 7.75% 7.75% 7.75% 7.75%
State Bank of Hyderabad 8.25% 8.25% 8.25% 8.25% 8.25% 8.00%
State Bank of India 7.75% 8.00% 7.75% 7.75% 7.75% 7.75%
State Bank of Patiala 8.52% 8.27% 8.27% 8.27% 8.00% 8.00%
State Bank of Travancore 8.00% 8.00% 8.00% 8.00% 8.00% 7.75%
Syndicate Bank 8.00% 8.00% 8.00% 8.00% 8.00% 7.00%
Tamilnad Mercantile Bank Ltd 8.50% 8.50% 8.50% 8.50% 8.60% 8.60%
The Ratnakar Bank 8.85% 9.10% 9.00% 9.00% 9.00% 9.00%
UCO Bank 8.30% 8.20% 8.20% 8.20% 8.20% 8.20%
Union Bank of India 8.15% 8.00% 8.00% 8.25% 8.25% 8.00%
United Bank of India 7.75% 7.50% 7.50% 7.50% 7.50% 7.50%
Vijaya Bank 8.00% 8.00% 8.00% 8.00% 8.00% 8.00%
Yes Bank 8.25% 8.25% 8.25% 8.25% 8.25% 8.25%