Recurring Deposits (RD)
Disciplined Monthly Savings with Fixed Returns
Recurring Deposits (RD)
Disciplined Monthly Savings with Fixed Returns
What is this?
A Recurring Deposit (RD) is a savings product where you deposit a fixed amount every month for a chosen tenure, earning interest at a rate similar to FD. It is ideal for salaried individuals who want to save regularly.
Available Variants
Key Benefits
Eligibility Criteria
Indian residents (individuals, minors through guardian, HUF); NRIs (NRO RD); KYC completed. Minimum monthly instalment ₹100–₹500 depending on bank.
Who Should Choose This?
- Salaried employees wanting disciplined monthly savings
- Students building a corpus over time
- Anyone unable to invest a lump sum at once
ProductsBank-wise Products
33 products across 16 banks
Bank of Baroda
Baroda Regular RD
Regular
Interest Rate
6.30% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
HDFC Bank
Recurring Deposit
Senior Citizen
Interest Rate
7% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
ICICI Bank
ICICI IRD (Recurring Deposit)
General (Non-Senior)
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹500
ICICI Bank
ICICI IRD Senior Citizen
Senior Citizen
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹500
State Bank of India
SBI Har Ghar Lakhpati
Interest Rate
7% p.a.
Tenure
1 year – 10 years
Monthly Deposit
₹100
State Bank of India
SBI Recurring Deposit
Senior Citizen
Interest Rate
7% p.a.
Tenure
1 year – 10 years
Monthly Deposit
₹100
Kotak Mahindra Bank
Kotak Mahindra Bank Recurring Deposit
Standard RD
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
IDFC FIRST Bank
IDFC FIRST Bank Recurring Deposit
Regular RD
Interest Rate
7.50% p.a.
Tenure
6 months – 10 years
Yes Bank
Yes Bank Recurring Deposit
Standard RD
Interest Rate
7.75% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
State Bank of India
SBI Recurring Deposit
Regular
Interest Rate
7% p.a.
Tenure
1 year – 10 years
Monthly Deposit
₹100
IndusInd Bank
IndusInd Bank Recurring Deposit
Regular
Interest Rate
7.50% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹500
RBL Bank
RBL Bank Recurring Deposit
Regular
Interest Rate
8% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
AU Small Finance Bank
AU Bank Recurring Deposit
Regular
Interest Rate
7.50% p.a.
Tenure
6 months – 10 years
Equitas Small Finance Bank
Equitas Recurring Deposit Regular
Regular
Interest Rate
7% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
RBL Bank
RBL Bank Senior Citizen Recurring Deposit
Senior Citizen RD
Interest Rate
8% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
Ujjivan Small Finance Bank
Ujjivan Sampoorna Lakshya Recurring Deposit
Sampoorna Lakshya
Interest Rate
7.80% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
Canara Bank
Canara Regular RD
Regular
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
Canara Bank
Canara Dhanvarsha Flexi RD
Flexi RD
Interest Rate
7% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
DCB Bank
DCB Tax Saver RD
Tax Saver RD
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
DCB Bank
DCB Health RD
Health RD
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
DCB Bank
DCB i-PRO RD
i-PRO RD
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
RBL Bank
RBL Bank i-PRO Recurring Deposit
i-PRO RD
Interest Rate
8% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
RBL Bank
RBL Bank Standard Recurring Deposit
Standard RD
Interest Rate
8% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
ICICI Bank
ICICI iWish Flexible RD
Flexi iWish
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
Yes Bank
YES Bank Senior Citizen Recurring Deposit
Senior Citizen
Interest Rate
7.75% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
Yes Bank
YES Bank Regular Recurring Deposit
Regular
Interest Rate
7.75% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹1,000
IndusInd Bank
Indus Goal Planner RD
Indus Goal Planner
Interest Rate
7.50% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹500
Kotak Mahindra Bank
Recurring Deposit
Regular Citizen
Interest Rate
7.25% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
Ujjivan Small Finance Bank
Ujjivan Recurring Deposit Regular
Regular
Interest Rate
7.80% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
Jana Small Finance Bank
Jana Recurring Deposit
Standard RD
Interest Rate
8% p.a.
Tenure
6 months – 10 years
Monthly Deposit
₹100
What is this?
A Recurring Deposit (RD) is a savings product where you deposit a fixed amount every month for a chosen tenure, earning interest at a rate similar to FD. It is ideal for salaried individuals who want to save regularly.
Available Variants
Key Benefits
Eligibility Criteria
Indian residents (individuals, minors through guardian, HUF); NRIs (NRO RD); KYC completed. Minimum monthly instalment ₹100–₹500 depending on bank.
Who Should Choose This?
- Salaried employees wanting disciplined monthly savings
- Students building a corpus over time
- Anyone unable to invest a lump sum at once