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
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Suresh
Recurring deposit interest rates in India in Dec-2013
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