July-2019: Latest recurring deposit(RD) interest rates comparison in India

Recurring deposit interest rates in India (Apr-2013)Latest recurring deposit interest rates comparison in India (Updated July-2019)

In the last couple of months, banks have lowered the fixed deposit interest rates and latest recurring deposit interest rates. While comparing latest RD rates with various banks in India indicate that banks are still betting good business on recurring deposits, however offering competitive interest rates. Investment in recurring deposits in India is continued to be one of the best choice for several investors. Due to various features associate with it, these are continuously gaining momentum as investors believe these as a safe investment option. We are publishing the latest major banks recurring deposits interest rates month on month as part of creating awareness among investors to choose the best one instead of compromising and depositing with their current bank. 

Latest recurring deposit interest rates comparison in India – November, 2018


Best Recurring Deposit Interest Rates in Bank in July 2019 in India

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Suresh

Latest recurring deposit interest rates in India

Suresh KP

188 comments

  1. Dear sir,
    How to invest in mutual fund and how earn same?
    What is the procedure to invest in same, my monthly saving is 1000-1500 then tell me about mutual fund or where should I invest in mutual fund or open a RD account?

    1. You can open MF brokerage account iwth ICICI direct or fundsindia or any other MF broker. Once you open, you need to choose good funds and create SIP (monthly investment) optoin.

  2. hi sir

    sir i m a working employee n i earn more than 30000 / month
    sir plz suggest me whre should i invest
    n also want to invest in senior recurring deposit having good groth for my dad having 35000 / month income…

  3. Sir,

    I would like to invest 30,000 per month for 10 years in RD. Whether it is the right option?
    Please let me know your comments.

    1. Good option if you are low risk investor. But my suggestion is invest some money through mutual funds in balanced mutual fund category which comes with moderate risk investment option. you can check HDFC balanced fund or ICICi balanced funds.

  4. Dear Sir,

    i would like to ask you which bank is better for good return and interest in RD please confirm me.i want to open ppf account and RD account.
    please tell me which is batter for long period around 10 years.

    Regards
    Niraj

    1. Both have their positives and negatives. If you are looking for tax savings and tax free returns for long term. You can invest in PPF. RD account is more for saving for short to medium term.

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