|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