RBL Bank offers customers the option of opening different types of Fixed Deposit (FD) accounts with them. These accounts can be opened for a tenure that ranges between 7 days and 20 years. The rate of return offered on the deposits are attractive and starts from 3.25% p.a. The bank also offers the option of using the RBL FD calculator to know the maturity amount of the term deposit before investing in the account. You can alternatively use BankBazaar’s FD calculator to find out.
The benefits of using the FD calculator offered by RBL are as follows:
Some of the benefits of using BankBazaar’s FD calculator are:
The process involved in using RBL’s FD calculator is mentioned below:
You can use BankBazaar’s FD calculator by following the steps listed below:
Get risk-free returns with our instant, paperless Fixed Deposits. Explore Fixed Deposits
The interest rates offered by RBL Bank on FDs are mentioned in the table below:
| Tenure | Interest rate offered to general citizens (per annum) | Interest rate offered to senior citizens (per annum) |
|---|---|---|
| 7 days – 14 days | 3.25% | 3.75% |
| 15 days – 45 days | 3.75% | 4.25% |
| 46 days – 90 days | 4.00% | 4.50% |
| 91 days – 180 days | 4.50% | 5.00% |
| 181 days – 240 days | 5.00% | 5.50% |
| 241 days - 364 days | 5.25% | 5.75% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.50% | 7.00% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years | 6.30% | 6.80% |
| 5 years to less than 5 years 2 days | 6.30% | 6.80% |
| 5 years 2 days to less than 10 years | 5.75% | 6.25% |
| 10 years to 20 years | 5.75% | 6.25% |
Yes, senior citizens are offered additional interest for investing in a fixed deposit.
Yes, the facility of overdraft against term deposit is available.
Yes, a fixed deposit account can be opened through online channels like internet and mobile banking.
Partial and premature withdrawals are permitted.
Yes, TDS is applicable as per existing guidelines on tax savings term deposits.
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