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May-2018: 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 May-2018)

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 – May, 2018


Latest Bank Recurring Deposit - RD - Rates in India in May-2018-min

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Latest recurring deposit interest rates in India



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Suresh KP

Suresh KP i.e. me have written 1,500+ articles on this blog. I love doing analysis on various Best Investment Plans like mutual funds, Stocks, IPO's, NCD Bonds, Insurance products. If you like our blog, you can share some of the good articles on your Facebook or Twitter. This would be the BIGGEST gift which you would be giving to us.

188 Comments

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  1. How to deposit long term30years FD for compounding pls Wich bank long time give above 30 yrs

    1. Hi Shiv, Banks offer FD’s upto 10 years only. You can put auto renew so that your FDs would get renewed automatically

  2. ESAF bank is offering 9%. Is it a good bank?

  3. Why bandhan bank is offering highest interest rates on reccuring deposit among all banks. If anyone has the answer please let me know

    1. New banks attract/promote by offering better rates than existing banks. New banks would have less legacy costs in comparison to existing banks.

  4. Sir,

    I have a Lic plan called jeevan Sarah plan which is also called as ATM plan. But now this plan is not available in Lic.. pls tell me post your analysis that is this a good plan and can I continue it. Why am asking because am paying quarterly premium of 15126.

    Regards,
    Swaminathan
    9940199191

    1. Sir,

      May i have a reply on my doubt please.

      Regards,

      Swaminathan S

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