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Deutsche Bank Recurring Deposit Interest Rates 2020

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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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News About Deutsche Bank Recurring Deposit Interest Rates

  • Recurring Deposit Interest Rates Revised by Deutsche Bank

    Deutsche Bank has recently revised the interest rates of its recurring deposit schemes. The interest rate for a tenure of 1 year is 6% p.a. now. The interest rate for 27 months and 36 months tenure is 7% p.a. and the interest rate for 39 months and 48 months tenure is 7% p.a. The interest rate of deposits for 51 months to 57 months tenure is 7.25% and the interest rate of deposits for 60 months tenure is 7.75% p.a.

    1 December 2016

  • 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.

    10 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.

    13 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.

    1 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.

    25 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.

    25 February 2016

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Deutsche Bank RD Rates Reviews

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  • Deutsche Bank Recurring Deposit
    "Good RD"
    0.5 5.0/5 "Blown Away!"
    Basically, whatever interest that I earn on my DESTUCHE Bank FD on a monthly basis. I have tried to invest that amount on my DESTUCHE Bank RD. Interest rate offered by them is as same as FD, everything is possible online I dont have run to the bank to get my work done.
    Was this review helpful? 5
    , kolkata
    Reviewed on Aug 27, 2016
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