RBL Bank offers fixed deposits for their customers’ investment needs. Fixed Deposits or Term Deposits offered by RBL Bank can be invested into for a period of 7 days to 20 years. Based on the maturity tenure of the deposits, the interest offered by the bank ranges from 3.25% p.a. to 6.95% p.a. for the general public. Senior citizens are offered additional interest of 0.50% for all maturity tenures.
Valid identity proof and address proof such as:
Note: The documents mentioned here are indicative. You might be required to provide other documents as per the requirement of the bank.
The minimum tenure for which a fixed deposit account can be opened with RBL Bank is 7 days.
Yes, RBL Bank offers an additional interest rate of 0.50% p.a. for senior citizens over the general rates of interest for the general public.
The highest rate of interest offered by RBL Bank on fixed deposits is 6.95% p.a. for general public and 7.45% p.a. for senior citizens. These rates are applicable for a tenure of 36 months to 36 months 1 day.
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