Recurring deposit interest rates in India in Dec-2013

Recurring deposit interest rates-Dec-2013Recurring deposit interest rates in India in Dec-2013

Latest recurring deposit interest rates in India indicate that in the last one month, there is mixed reaction among various banks. This article would provide the latest recurring deposit interest rates and comparison with previous month rates along with a comparison statement of recurring deposit interest rates of various banks.

Private Banks: Citibank has reduced 1 to 3 years Recurring deposit interest rates. HSBC bank has increased 1-2 year RD rates

Private Sector Banks: Yes bank and  KVB have reduced RD interest rates for short term period of 1-2 years. Karnataka Bank has increased the RD rates.

Public Sector Banks: Bank of India and Vijaya Bank has increased the RD interest 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

Recurring deposit interest rates in Dec-2013-interest chart

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Recurring deposit interest rates in India in Dec-2013

Suresh KP


  1. i want to know the location of repco bank at trichy and know the current rate of RD interest and FD interest

  2. Hi,

    Iam planning to start RD with repco bank. So, as of today feb 2014, how do i get to know the current percentage? repco website doesnt have any of the value mentioned.

  3. Hi Suresh.

    Just want to know which Bank(public sector) provides highest rates on RD.

    I have few options:




    Please suggest and also looking for IOB gold Rd scheme.

    Kindly Suggest



  4. Dear Suresh,

    Out of the list, Repco bank is giving attractive interest rates. However, I did not hear about this bank. Do you have any idea where it is located in Hyd?


    Ravikumar N


    1. Hi Ravi, REPCO bank at Hyderabad is located at Flat no.101, MHR House, 1st floor, S.R. Nagar, Hyderabad. You can check this link for more info.

  5. Dear Mr.Suresh,

    Could you please inform whether the RD is compounded Monthly or Quarterly or Halfyearly or Yearly.

    Expecting your reply.






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