FD interest rates revised: Investors can earn up to 8.85% on FDs in this bank

What is the highest interest rate RBL Bank is offering?

RBL Bank offers the highest interest rate of 8.10% on FDs maturing between 18 months and 24 months. On the same FD tenure, the senior citizen will earn 0.50% extra i.e., 8.60%.

FD interest of up to 9.21%: These banks offer over 9% interest rate on fixed deposits for senior citizens

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Super Senior Citizens (80 years and above) are entitled to an extra interest rate of 0.75% over the general FD rate. This implies super senior citizens are eligible for the highest interest rate of 8.85% on FDs maturing between 18 months and 24 months.

RBL Bank FD interest rates
RBL Bank offers interest rates between 3.50% to 8.10% for general citizens for FDs maturing between 7 days to 10 years. For senior citizens, the interest rate varies between 4% and 8.60%.

Period of DepositDomestic & Flexi FD Interest Rates p.a.Senior Citizen Interest Rates p.a.7 days to 14 days3.50%4.00%15 days to 45 days4.00%4.50%46 days to 90 days4.50%5.00%91 days to 180 days4.75%5.25%181 days to 240 days5.50%6.00%241 days to 364 days6.05%6.55%365 days to 452 days (12 months to less than 15 months)7.50%8.00%453 days to 545 days (15 months to less than 18 months)7.80%8.30%546 days to 24 months (18 months to 24 months)8.10%8.60%24 months 1 day to 36 months7.50%8.00%36 months 1 day to 60 months 1 day7.10%7.60%60 months 2 days to 120 months7.00%7.50%Tax Savings Fixed Deposits (60 months)7.10%7.60%

Premature penalty
According to the RBL Bank website, “On premature full/partial withdrawal of the Fixed

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