Plan to get a reverse mortgage on Dhanteras; these institutions are offering interest rates of 9.1%

 Plan to get a reverse mortgage on Dhanteras; these institutions are offering interest rates of 9.1%

RD Dhanteras 2023: Due to their assured returns, recurring deposits (RD) and fixed deposits (FD) are regarded as the greatest investment possibilities. Ten years to six months is the range of RD. Make a monthly investment in RD.

RD Dhanteras 2023: Due to their assured returns, recurring deposits (RD) and fixed deposits (FD) are regarded as the greatest investment possibilities. Ten years to six months is the range of RD. Make a monthly investment in RD. Similar to FD, money need not be deposited in full at once. The safest choice is this one. For the majority of people, investing on Dhanteras is fortunate. You may invest in the RD of these banks if you too want to make RD for Dhanteras or Diwali. Tell us how many people are showing interest in RD.

Bank DCB

For a five-year RD, DCB Bank is providing 7.6 percent interest. For RDs between Rs 2 crore and less than Rs 10 lakh, the bank is providing up to 8% interest.

Bank of Suryoday Small Finance

Customers with RDs ranging from five to ten years may earn 7.25 percent interest from Suryoday Small Finance Bank. Senior folks are receiving interest at a rate of 7.5 percent. With RDs ranging from 27 to 36 months, the bank is giving 8.60 percent interest. Senior folks get 9.1% interest at the same time.

Bank Deutsche

For RDs with a duration of 27 to 36 months, the bank is giving 8% interest. On a five-year RD, 7.25 percent interest is being offered.

Bank of Ujjivan Small Finance

7.2% interest is available to investors on RDs with terms ranging from 36 to 60 months. FDs with maturities ranging from 63 to 120 months are offering 6.5 percent interest.

Bank IndusInd

Interest rates of 7% are available from the bank on recurrent deposits that are 61 months or longer. Seniors are eligible for an extra 50 basis point, or 0.50 percent, in interest.

banks Axis

On a five-year RD, Axis Bank is giving 7% interest. Senior folks who have RDs worth more than Rs 5 crore would get 0.75 percent interest.

Bank HDFC

For a five-year RD that matures in five years, HDFC Bank is giving 7% interest. Senior folks will get an interest rate of 7.50%.