|Period (in Months)||Monthly Minimum Deposit||Rate of Interest (% p.a.)|
|12 Months to 120 Months||500||7.75|
Get Best Rates on DHFL Recurring Deposit
DHFL is a non-banking financial institution that offers a unique Recurring Deposit scheme called “Small Savings Scheme”, to individual investors and also to Partnership firms, Companies, Proprietorship firms, etc. Cumulative as well as Non-Cumulative RD schemes are offered by this institution. Interest is payable on a monthly/ quarterly/ half yearly and yearly frequency under non-cumulative schemes and is compounded on a half-yearly basis. Loan against deposit facility as well as the pre-closure facility is made available to the depositor after completing 3 months of deposit tenure. Nomination facility is available on this scheme. Deposit Tenure ranges from 12 months to 120 months.
DHFL Short-term Recurring Deposit Interest Rates
DHFL Recurring Deposit scheme called the Small Savings Scheme can be opened for a minimum period of not less than 12 months. For a short-term deposit duration of 1 year to not more than 2 years, the interest rate applicable is 8.60% per annum.
DHFL Medium-Term and Long-Term Recurring Deposit Interest Rates
DHFL offers medium term Recurring deposit for a monthly minimum deposit of Rs. 500 at a rate of interest of 8.60% per annum. The long term tenure ranges from 5 years to 10 years at an interest rate of 8.60% per annum.
DHFL Other Recurring Deposit Scheme Interest Rates
An additional interest rate hike of 0.50% is offered to privileged DHFL customers. This is based on the sole discretion of DHFL.
More you need to know about Recurring Deposit
- Compare Interest Rates on Recurring Deposit of DHFL with Other Banks and Institutions
- Check Features and Schemes of DHFL Recurring Deposit
Read More Articles On RD
News About DHFL Bank Recurring Deposit Interest Rates
DHFL Recurring Deposit Rates Revised
DHFL Recurring Deposit scheme is also known as Small Savings Scheme and it can be opened for a minimum period 12 months. In case of a short-term deposit duration of 1 year to not more than 2 years, the rate of interest applicable on the recurring deposit is 8.60% per annum. DHFL also offers medium term RD for a minimum deposit of Rs.500 (monthly basis) at an interest rate of 8.60% per annum. The medium term tenure for the RD ranges from 2 years to 5 years. The long term tenure ranges from 5 years to 10 years at an interest rate of 8.60% per annum.
10th November 2016