Planning to invest in FDs of any bank? Then there is great news for you. Actually RBL Bank has revised FD rates to less than Rs 3 crore. The revised FD rates have come into effect from 15 December 2024. According to the bank’s website, after the interest rates were revised, people are now getting interest from 3.50 per cent to 8 per cent on fixed deposits. On the other hand, if you are a senior citizen, you can get an interest rate of up to 8.50 percent. At the same time, the bank is offering interest of up to 8.75 per cent to senior citizens above 80 years.

 

The highest interest is being paid by RBL Bank on 500 days FD. On FD for this period, you will get 8% interest. If you are a senior citizen, you will get 0.50 percent additional interest i.e. 8.50 percent interest. On the other hand, if you are a senior citizen, then you will be given 8.75 percent interest from the bank.

 

What interest is the bank paying for different periods?

 

RBL Bank is offering an interest rate of 3.5% on FDs maturing in 7-14 days. On the other hand, if you make an FD of 15-45 days, then you will get 4% interest. On FDs maturing in 46-90 days, the bank is offering an interest rate of 4.5 per cent. Apart from this, if you get FD of 91-180 days, then you will get 4.75 percent interest.

 

The bank is offering an interest rate of 5.5% on FDs maturing in 181-240 days. On the other hand, if you make an FD of 241-364 days, then you will get 6.05% interest. On FDs maturing in 365-452 days, the bank is offering an interest rate of 7.5%. Apart from this, if you make an FD of 453-499 days, then you will get an interest of 7.80 percent.

 

The highest interest rate will be available on 500 days FD, which is 8 percent. On the other hand, if you make an FD of 501-545 days, then you will get 7.8% interest. At the same time, the bank is getting 7.8% interest on FDs from 546 days to 2 years. For FDs maturing in 2 years 1 day to 36 months, they are being given 7.5% interest.

 

Apart from this, 7.10 percent interest will be given on FD taken for a period of 36 months 1 day to 60 months 1 day. You will get 7% interest on FDs ranging from 60 months 2 days to 120 months and you can get 7.10% interest on tax saving FDs of 5 years i.e. 60 months.