Nainital Bank Recurring Deposit Interest Rates 2025

Note: The rate of Interest is effective from 3 March 2025

Nainital Bank Short-Term RD Interest Rates

You can open an RD with Nainital Bank for a short deposit term ranging from 1 year to 2 years. The interest rate offered on these tenures is 5.75% to 6.70%. 

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Nainital Bank Medium and Long-Term RD Interest Rates

You can open an RD with Nainital Bank for a medium term of 3 years to less than 5 years and for a long deposit term of 5 years to a maximum period not exceeding 10 years.  The RD amount should be less than Rs.2 crore.

Investing in RD is good investment option as it helps you get int the habit of saving monthly. You can even look at other investment vehicles like mutual funds, fixed deposits, stocks, and bonds, among others.

RD Interest Rates by Banks

1. Uco Bank RD Interest Rates
2. Central Bank RD Interest Rates
3. Federal Bank RD Interest Rates
4. Indian Bank RD Interest Rates
5. Kotak Mahindra RD Interest Rates
6. IOB RD Interest Rates
7. Citybank RD Interest Rates
8. Indusind Bank RD Interest Rates
9. BOM RD Interest Rates

RD Article Pages

1. Recurring Deposit Vs. Chit Fund
2. Miss to Pay the Recurring Deposit Due
3. Difference Between Recurring Deposit and SIP
4. Open RD Account through HDFC NetBanking
5. RD Account in SBI
6. Advantages of Recurring Deposit
7. Flexi RD
8. SBI Flexi RD Schemes
9. Monthly Recurring Deposit
10. Indian Bank Recurring Deposit
11. Union Bank Recurring Deposit
12. UCO Bank Recurring Deposit

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FAQs on Nainital Bank Recurring Deposit Interest Rates

• What is the minimum deposit amount required to open an RD with Nainital Bank?

  The minimum deposit amount required to open an RD with Nainital Bank is Rs.100.

• What are the tenure options available on Nainital Bank recurring deposits?

  The tenure options available on Nainital Bank recurring deposits range from 1 year to 10 years. 

• What is the interest rate offered on Nainital Bank recurring deposits?

  Nainital Bank offers interest rates ranging from 5.35% p.a. to 6.70% p.a. on recurring deposits.

• Can a senior citizen avail extra interest rate benefits on recurring deposits?

    Yes, senior citizens will be entitled to additional interest rates on booking an RD with Nainital Bank.  

• Can an RD be opened in joint names?

    Yes, Nainital Bank allows the option of opening an RD jointly.  

• What if I fail to pay an RD instalment?

    If you fail to pay an RD instalment, Nainital Bank will charge a nominal fine.  

• Can I add nominees to my recurring deposit account?

  Yes, Nainital Bank offers the option of adding nominees to recurring deposits.

• Can I avail a loan against my recurring deposit?

  Yes, you can avail a loan against your recurring deposit. The loan amount will depend on the duration of the deposit's remaining term.