This bank offers 8.3% FD interest rate for these investors

RBL Bank is offering a maximum return of 7.80% to the general public and 8.30% to senior citizens on terms ranging from 453 days to less than 24 months. Note that for Fixed Deposits with tenure below 181 days, interest will be calculated at maturity as simple interest.

These two special FDs offering up to 8.05% interest rate will end in November

Latest RBL Bank FD interest rate

RBL Bank offers an interest rate between 3.50% to 7.80% for regular citizens for deposits below Rs 2 crore. For senior citizens, interest rate varies between 4% to 8.30%.

Period of DepositDomestic & Flexi FD Interest Rates p.a.Senior Citizen Interest Rates p.a.NRE Interest Rates p.a.NRO Interest Rates p.a.7 days to 14 days3.50%4.00%NA3.50%15 days to 45 days4.00%4.50%NA4.00%46 days to 90 days4.50%5.00%NA4.50%91 days to 180 days4.75%5.25%NA4.75%181 days to 240 days5.50%6.00%NA5.50%241 days to 364 days6.05%6.55%NA6.05%365 to 452 days (12 months to less than 15 months)7.00%7.50%7.00%7.00%453 days to less than 24 months (15 months to less than 24 months)7.80%8.30%7.80%7.80%24 months to less than 36 months7.50%8.00%7.50%7.50%36 months to 60 months 1 day7.10%7.60%7.10%7.10%60 months 2 days to 120 months7.00%7.50%7.00%7.00%Tax Savings Fixed Deposit (60 months)7.10%7.60%NA7.10%

RBL Senior citizen FD interest rate

According to the bank website, “Senior Citizens (60 years to less than 80 years) are eligible for additional interest rate of 0.50% p.a. and Super Senior Citizens (80 years and above) are eligible for additional interest rate of 0.75% p.a. Senior Citizens/Super Senior Citizens rates are not applicable on Non Resident Fixed Deposits (NRE/NRO).”

Premature withdrawal
When a Fixed Deposit is prematurely withdrawn in full or in part, interest

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