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Deutsche Bank Recurring Deposit Interest Rates 2021

You can open a recurring deposit account with Deutsche Bank to avail attractive returns. The bank offer both general and senior citizens the same interest rates when investing in a recurring deposit account. An RD account with the bank can be opened for a minimum investment of Rs.5,000 and a maximum investment of Rs.2 lakh. The tenure offered ranges between 1 year and 5 years.

Listed below are the tenures and interest rates offered by Deutsche Bank when it comes to opening an RD account with them:

Maturity Period Interest Rate Interest Rate for Senior Citizens*
12 months 5.50% 5.50%
15 months to 18 months 7.00% 7.00%
21 months to 24 months 7.00% 7.00%
27 months to 36 months 7.00% 7.00%
39 months to 48 months 7.25% 7.25%
51 months to 57 months 7.50% 7.50%
60 months 7.75% 7.75%

Deutsche Bank Short-Term Recurring Deposit Interest Rates

Short-term recurring deposits offered by Deutsche Bank have a tenure that range between 1 year and 2 years. The bank offer interest in the range of 5.50% to 7.00% p.a. when investing in such RDs. The highest interest under short term RDs is provided for investing in the deposit tenure of 1 year 3 months to 1 year 6 months.

Deutsche Bank Medium-Term Recurring Deposit Interest Rates

Deposit tenures that range between 21 months to 48 months fall under the bracket of medium-term recurring deposits. The interest paid by the bank for investing in such RDs range between 7% to 7.25% p.a. to both general and senior citizens.

Deutsche Bank Long-Term Recurring Deposit Interest Rates

Long-term recurring deposits range from 4 years 3 months to 5 years. Deutsche Bank offer interest in the range of 7.25% to 7.75% p.a. is offered for opening an RD account for a period that ranges between 4 years 3 months to 4 years 9 months, 7.75% p.a. is offered for opening an RD account for 5 years.

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