Whoever said wishes don’t come true hasn’t explored our offers!

Dhanlaxmi Bank Recurring Deposit Interest Rates

 0.0 / 5.0   by 0 users
Used this product? Write a review >>

Dhanlaxmi Bank enables you to open a recurring deposit account with them without much hassle. The bank offers a variety of tenures and the rate of return offered on such deposits is attractive. The interest offered on the RD accounts is in the range of 6.50% to 7% p.a. Senior citizens are offered additional interest of 0.50% on all RD tenures.

Listed below are the tenures and interest rates offered by Dhanlaxmi Bank when it comes to recurring deposits as of 8 July 2019:

Deposit Tenure Interest rate offered to General Citizens (p.a.) Interest rate offered to senior citizens (p.a.)
180 days to less than 12 months 6.50% 7%
12 months to 24 months 7% 7.50%
24 months 1 day to 36 months 6.50% 7%
36 months 1 day to 60 months 6.50% 7%
60 months 1 day to 120 months 6.50% 7%

Dhanlaxmi Bank Short-Term Recurring Deposit Interest Rates

Dhanlaxmi Bank offer general citizens interest of 6.50% for opening a short-term recurring deposit with them. Individuals who fall in the bracket of senior citizens can avail interest of 7% p.a. Short-term RDs are those which are opened for a period that ranges between 6 months to less than 12 months.

Dhanlaxmi Bank Medium-Term Recurring Deposit Interest Rates

Medium-term recurring deposits are those which have an investment tenure that ranges between one year and 5 years. The rate of return offered by Dhanlaxmi bank to general citizens for opening a medium-term recurring deposit with them ranges from 6.50% to 7% p.a. Senior citizens are offered in the range of 7% to 7.50% p.a.

Dhanlaxmi Bank Long Term Recurring Deposit Interest Rates

Dhanlaxmi Bank offer interest of 6.50% and 7% p.a. respectively to general citizens and senior citizens for investing in long-term recurring deposits. Long-term RD accounts are those which have an investment tenure between 5 years to 10 years.

More you need to know about Recurring Deposit

Read More Articles On RD

Recurring Deposit - Sitemap

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

This Page is BLOCKED as it is using Iframes.