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    Domestic Recurring Deposit Rate

    Uploaded by

    Vinoth Kumar
    This document outlines recurring deposit interest rates for domestic and NRE/NRO accounts in Indian rupees (INR) effective December 14, 2022. Rates range from 7% to 7.75% depending on the tenure of 12 to 120 months. Taxes will be deducted as applicable and penalties apply for premature withdrawal. Senior citizens receive an additional 0.5% interest.

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    Domestic Recurring Deposit Rate

    Uploaded by

    Vinoth Kumar
    10 views1 page
    This document outlines recurring deposit interest rates for domestic and NRE/NRO accounts in Indian rupees (INR) effective December 14, 2022. Rates range from 7% to 7.75% depending on the tenure of 12 to 120 months. Taxes will be deducted as applicable and penalties apply for premature withdrawal. Senior citizens receive an additional 0.5% interest.

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    domestic-recurring-deposit-rate

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    This document outlines recurring deposit interest rates for domestic and NRE/NRO accounts in Indian rupees (INR) effective December 14, 2022. Rates range from 7% to 7.75% depending on the tenure of 12 to 120 months. Taxes will be deducted as applicable and penalties apply for premature withdrawal. Senior citizens receive an additional 0.5% interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    10 views1 page

    Domestic Recurring Deposit Rate

    Uploaded by

    Vinoth Kumar
    This document outlines recurring deposit interest rates for domestic and NRE/NRO accounts in Indian rupees (INR) effective December 14, 2022. Rates range from 7% to 7.75% depending on the tenure of 12 to 120 months. Taxes will be deducted as applicable and penalties apply for premature withdrawal. Senior citizens receive an additional 0.5% interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    Recurring Deposit for Domestic, NRE / NRO (in INR) Rate for different tenure with effect from:

    14th December 2022

    Recurring deposit rate to suit your requirement of investment and capital creation.

    Interest rates for amount


    Tenure less than Rs. 2 crore w.e.f
    14th December 2022
    12 Months 7.50%
    15 Months 7.50%
    18 Months 7.50%
    21 Months 7.25%
    24 Months 7.25%
    30 Months 7.75%
    36 Months 7.75%
    48 Months 7.25%
    60 Months 7.00%
    90 Months 7.00%
    120 Months 7.00%

     TDS will be deducted as applicable


     Please check all terms and conditions applicable on FD/RD for premature withdrawal
     0.50% extra for Senior Citizen (not applicable for NRE/NRO)

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