|Tenure||Rate of Interest p.a – General||Rate of Interest p.a – Senoir Citizens|
|15 months to 24 months||7||7|
|27 months to 36 months||7||7|
|39 months to 48 months||7||7.25|
|51 months to 57 months||7.25||7.5|
Get the Best Rates for a Deutsche Bank Recurring Deposit
Recurring deposits are an easy way to save money in small chunks without feeling much financial burden in your monthly budget. For Deutsche Bank Savings Account holders, an RD is a very simple way to save money as the monthly sum will be directly debited from your bank account. A recurring deposit earns more interest than a savings account, so it would be smart to put away a portion of your earnings! To open an RD with Deutsche Bank, you need to save at least Rs. 5000 per month. The maximum limit is Rs. 2,00,000. RD tenures start at 12 months and can go up to 60 months.
Deutsche Bank Short Term Recurring Deposit Interest Rates
The minimum deposit tenure for a Deutsche Bank RD is 1 year and Interest rate of 6.25% per annum. Short term deposits range between 15 months to 24 months. You can earn 7.00% to per annum on your deposit. Interest will be paid when the deposit matures. In case you break the deposit within 14 days, no interest is payable. Prematurely withdrawing the deposit will attract 1% penalty charges.
Deutsche Bank Medium Term Recurring Deposit Interest Rates
For deposits between 27 months and 36 months, you can earn interest of 7.25%. If you choose to deposit money for a longer period of 39 to 48 months, then you can earn 7.25% interest. Longer durations will earn higher interest rates. At the end of the deposit, the same sum will fetch you more interest payable.
Deutsche Bank Long Term Recurring Deposit Interest Rates
Deposits with tenures of 57 months and above attract interest of 7.25% per annum. The maximum tenure allowed is 60 months which will fetch the highest interest of 8.00% per annum. Long term RDs are a bigger commitment and maybe hard to keep when faced with budget constraints. But upon maturity, the deposit will be fruitful.
More you need to know about Recurring Deposit
- Compare Recurring Deposit Rate of Deutsche Bank with Other Banks and Institutions
- Check Features and Schemes of Deutsche Bank Recurring Deposit
Read More Articles On RD
News About Deutsche Bank Recurring Deposit Interest Rates
Revised RD Rates for Deutsche Bank
Deutsche Bank is one of the leading banks across the globe and it offers great interest rates with Recurring Deposits. The revised rate of interest applicable for senior citizens for a tenure of 60 months is 8.25%. For the same tenure, all others can enjoy an interest rate of 8.00%. The other tenures did not go through any change and remain the same. Apart from the 60 months tenure, other tenures that can be availed for Recurring Deposits with Deutsche Bank are 12 months, 15 months to 24 months, 27 months to 36 months, 39 months to 48 months and 51 months to 57 months.
10th November 2016
Deutsche Bank Revises Interest Rates for Recurring Deposits
Deutsche Bank has revised the interest rates offered for recurring deposits. With effect from 13th August 2016, the revised rates have been published for the recurring deposits. Changes include a 0.50% increase in interest rates for senior citizens who have opted for a tenure of 12 months and the current interest rate stands at 6.75% p.a. the interest rates for non-senior citizens and senior citizens remains the same for all other tenures except a tenure of 5 years. For this tenure, the senior citizens receive an interest rate of 8.50% p.a. as compared to 8.25% p.a. that is offered for non-senior citizens.
13th August 2016
Deutsche Bank Revises Recurring Deposit Interest Rates
Deutsche Bank has revised their interest rates for RDs yet again. As per the revised interest rates, tenures ranging from 15 months to 24 months will now attract an interest rate of 7.25% p.a which previously stood at 7.5% p.a. The minimum RD amount currently stands at Rs.5000 and the maximum limit is RS. 2, 00,000. RD tenure starts at 1 year and can go up to 5 years.
1st July 2016
Revised Deutsche Bank Recurring Deposit Rates
Deutsche Bank has yet again revised the interest rates applicable on its Recurring Deposits (RD) portfolio. The updated details are as follows:
For the base tenure of 12 months, the interest rate is lowered from the earlier 6.75% p.a to 6.25% p.a.
Tenures ranging from 15 months to 24 months are worth 7.5% p.a now. Earlier, the rate stood at 8% p.a. These same numbers also apply for tenure ranging from 27- 36 months.
For tenures ranging from 39- 48 months and 51- 57 months, the rate has been updated from the earlier 8.25% p.a to 7.75% p.a. The trend of lowering interest rates is continued.
Finally, RD corresponding to 60 months is now worth 8.5% p.a. Earlier, this number stood at 9.00% p.a.
25th April 2016
Deutsche Bank Revises Recurring Deposit Interest Rates
Deutsche Bank Recurring Deposit scheme is one of the most sought-after investment product because of the sheer benefit that it offers. Deutsche Bank recently revised its recurring deposit interest rates for various tenures to offer more benefit to the customers. For a period of 12 months, the interest rate remains unchanged at 6.75%. For an investment period of 15 months to 24 months, the interest rate has been revised to 8% per annum from 6.75%.
The interest rates for a tenure of 27 months to 36 months which was previously set at 7.25% per annum has been increased to 8% per annum. For RD tenure of 39 months to 48 months, the interest rate is now fixed at 8.25% instead of 7.5% per annum. Instead of the earlier 8% per annum, Deutsche Bank recurring deposits now come with an interest rate of 8.25% per annum. Also, for a period of 60 months, the interest rates have been changed from 8.75% to 9% per annum.
25th February 2016