Suryoday Small Finance RD Rates 2025: Secure Growth

The features and benefits of recurring deposits offered by Suryoday Small Finance Bank are as follows: 

1. Multiple tenures ranging from six months to 10 years. 
2. Attractive interest rates that range from 5.00% p.a. to 7.25% p.a. 
3. Senior citizens are entitled to the benefit of the additional interest of 0.50% p.a. across all tenures.  

1. The interest rates are compounded on a quarterly basis.  
2. You can book a recurring deposit with an amount as low as Rs.100.  
3. A premature withdrawal facility can be availed.  

Suryoday Small Finance Bank RD Interest Rates  

The interest rates offered on Suryoday Small Finance Bank recurring deposits are mentioned in the table below: 

Note: The interest rates displayed in the table above can vary according to the discretion of Suryoday Small Finance Bank. These rates are in effect from 22 April 2024.

Eligibility Criteria for Suryoday Small Finance Bank Recurring Deposit (RD)

Here are the eligibility conditions to open a recurring deposit account with Suryoday Small Finance Bank: 

1. You must be a resident individual.  
2. You must have a savings account with Suryoday Small Finance Bank. 

How to Open a Suryoday Small Finance Bank RD Account

To open a recurring deposit account with Suryoday Small Finance Bank, follow the steps mentioned below: 

Step 1: Visit the official website of Suryoday Small Finance Bank.  

Step 2: Under the ‘Accounts & Cards’ section, select ‘Term Deposits.’ 

Step 3: Click on the ‘Recurring Deposits’ option.  

Step 4: Click on the ‘Apply Now’ option.  

Step 5: You will be redirected to a new page where you have to enter details like your name, city, state, etc.  

Step 6: Enter your mobile number and click on ‘Generate OTP.’ 

Step 7: Click on the ‘Submit’ button. The bank officials will contact you for further application process.  

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