Latest RD interest rates in India indicate that in the last one month several banks have increased interest rates for long term, however few of them have cut-down the rates for short term. This article would provide the latest recurring deposit interest rates and compares with previous month rates along with comparison statement of recurring deposit interest rates of various banks.
Private Banks: Deutsche Bank has cut down short term RD rates and increased 4 years RD rate.
Private Sector Banks: HDFC Bank and KVB Bank have reduced short term RD rates.
Public Sector Banks: Bank of Baroda, Canara Bank, Corporation Bank and SBI has increased RD rates.
Investment in recurring deposits (RD) in India is continuing to be one of the best choice for several investors.
We are publishing the latest major banks RD interest rates month on month as part of creating awareness among investors to choose the best RD account instead of compromising and depositing with their current bank.
Latest recurring deposit interest rates in India
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Suresh
Latest recurring deposit interest rates in India (Oct-2013)
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