Bank Announced New FD Rate: Customers will get good returns thanks to this bank's enhanced interest on FDs and new rates

 Bank Announced New FD Rate: Customers will get good returns thanks to this bank's enhanced interest on FDs and new rates

Rates for FDs: A private sector bank in the nation raised FD interest rates by more than Rs 2 crore. In October, the repo rate remained unchanged by the Reserve Bank. However, several banks have now changed their interest rates. FDs from 7 days to 10 years are available from RBL Bank.

The greatest interest rate currently being offered by RBL Bank is 7.10% for the general public and 7.65% for seniors. On October 16, these new rates went into effect.

FD rates at RBL Bank

seven to fourteen days 3.50 percent for the general public; 4 percent for seniors

between 15 and 45 days: 4.00 percent for the general population; 4.50 percent for seniors

from 46 to 90 days: 4.50 percent for the general population; 5 percent for seniors

Six months are equivalent to less than 91 days: 4.75 percent for the general population; 5.25 percent for seniors

between 181 and 240 days: 5.50 percent for the general population; 6 percent for seniors

between 241 and 364 days: 6.05 percent for the general population; 6.55 percent for seniors

from 365 to 452 days: 7 percent for the general population; 7.50 percent for seniors

In 15 months: 7.80 percent for the general population; 8.30 percent for seniors

15 months, 1 day to 725 days: 7.80% for the general population; 8.30% for elderly persons

725 days: 7.50 percent for the general population; 8.00 percent for seniors

Tax-saving 5 Year FD: 7.10 percent; 7.60 percent for seniors