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RBL Bank Fixed Deposit (FD) Interest Rates

Bajaj highest fd interest
popular

Features of RBL Bank FD

ET Money commission
Interest rates (p.a)3.50% - 8.30%
aum fund
Minimum deposit 1,000
aum fund
Maximum deposit 1 Cr
lock in
Lock-in lockNo Lock-in
age
Tenure 1 yr - 10 yrs
senior citizen
Senior citizen help iconExtra 0.5% p.a.

Why RBL Bank FD is the right choice
high returns
Higher Returns

Get more returns than bank FD; assured returns up to 7.25% p.a.

high credit rating
Strong Financials

CRISIL AAA (Stable) and ICRA AAA (Stable)

flexible payout options
Flexible Payout Options

Get interest amount at regular intervals or lumpsum at maturity

FD Calculator

RBL Bank FD Interest Rate 2023

TenureGeneral Public FD RateSenior Citizens FD Rate
7 days to 14 days3.50%4.00%
15 days to 45 days4.00%4.50%
46 days to 90 days4.50%5.00%
91 days to 180 days4.75%5.25%
181 days to 240 days5.50%6.00%
241 days to 364 days6.05%6.55%
365 to 452 days (12 months to less than 15 months)7.00%7.50%
453 days to less than 24 months (15 months to less than 24 months)7.80%8.30%
24 months to less than 36 months7.50%8.00%
36 months to 60 months 1 day7.10%7.60%
60 months 2 days to 240 months7.00%7.50%
Tax Savings Fixed Deposit (60 months)7.10%7.60%
Who can invest in RBL Bank FD?
Individual investor

Individuals investing as single FD holders

Above 18

Investors who are above 18 years of age. Senior citizens earn additional 0.5% interest

Indian resident

Investors who are resident Indian citizens

Fixed Deposit Interest Rates Comparison 2023

NameInterest rate (p.a.)TenureMin. deposit
Bajaj Finance Ltd.

Bajaj Finance Ltd.

7.11% - 8.60%

1 - 5yrs arrow forward

50,000

Deposit Now
SBI Bank

SBI Bank

3.00% - 7.60%

1 - 10yrs arrow forward

1,000

View details
ICICI Bank

ICICI Bank

3.00% - 7.60%

1 - 10yrs arrow forward

10,000

View details
Axis Bank

Axis Bank

3.50% - 7.95%

1 - 10yrs arrow forward

5,000

View details
HDFC Bank

HDFC Bank

3.00% - 7.75%

1 - 10yrs arrow forward

5,000

View details
Bank of Baroda

Bank of Baroda

3.00% - 7.75%

1 - 10yrs arrow forward

1,000

View details
IDFC Bank

IDFC Bank

3.50% - 8.00%

1 - 10yrs arrow forward

10,000

View details
Kotak Mahindra Bank

Kotak Mahindra Bank

2.75% - 7.70%

1 - 10yrs arrow forward

5,000

View details
Canara Bank

Canara Bank

4.00% - 7.75%

1 - 10yrs arrow forward

1,000

View details
Yes Bank

Yes Bank

3.25% - 8.25%

1 - 10yrs arrow forward

10,000

View details
IndusInd Bank

IndusInd Bank

3.50% - 8.25%

1yr - 5yrs 1m arrow forward

10,000

View details
Punjab National Bank

Punjab National Bank

3.50% - 7.75%

1 - 10yrs arrow forward

1,000

View details
IDBI Bank

IDBI Bank

3.00% - 7.30%

1 - 20yrs arrow forward

10,000

View details
Union Bank

Union Bank

3.00% - 7.75%

1 - 10yrs arrow forward

1,000

View details
Citibank

Citibank

3.50% - 7.95%

1 - 5yrs arrow forward

1,000

View details
RBL Bank

RBL Bank

3.50% - 8.30%

1 - 10yrs arrow forward

1,000

View details
Indian Bank

Indian Bank

2.80% - 7.20%

1 - 10yrs arrow forward

1,000

View details

About RBL Bank

RBL Bank is one of the leading private sector banks which currently has a customer base of over 8.76 million. It has a presence across 28 Indian states and union territories through a network of 398 branches and 1219 business correspondent branches (of which 254 are banking outlets). Plus, it services its growing customer base through its 402 ATMs spread nation-wide. RBL Bank is listed on BSE and NSE. The bank offers specialized services under six categories. It includes Retail Assets, Corporate and Institutional Banking, Commercial Banking, Treasury and Financial Market Operations, Branch and Business Banking and Development Banking, and Financial Inclusion. It recently received the 'Best Savings Product 2018-2019" award by Financial Express Best Banks.

Benefits of RBL Fixed Deposit

Frequently asked questions

Yes. There are two ways to open an FD account with RBL Bank. You can either visit the bank (offline mode) or visit its website (online mode). Once you submit an online application, a bank representative will shortly get in touch with you and process your request. On submission of the KYC documentation and filing the application, your FD account will be opened online by the bank representative. It is worth noting that FDs opened through the online route are restricted to a maximum tenure of 10 years.

The maximum RBL FD interest rate an individual can earn on fixed deposits is 6.95%. If you are a senior citizen, you can earn 0.50% more i.e. 7.45%.

No, you cannot deposit an additional amount after opening an FD account with RBL. However, if you have some extra lump sum money, you can open a new FD account to earn RBL FD rate on the same.

No, there is no option to change the tenure for an existing FD account with RBL. However, if you want to close your existing FD account you can do so and open a new FD with the changed tenure to earn RBL fixed deposit rates.

If a customer makes a pre-mature withdrawal of their FD deposit, interest will be calculated at the rate applicable for the period for which the deposit has remained with RBL, subject to a penalty of 1%.

Yes, you can nominate a close family member such as your spouse, parents or children while opening an FD account with RBL Bank. This ensures there is someone who can claim the maturity proceeds of your fixed deposit in the case of your absence.

Maximise your returns with

Bajaj Finance Ltd.

8.6%

ET Money does not offer investment options with RBL Bank fixed deposit,