RBL Bank FD offers a secure and lucrative investment opportunity for individuals seeking stable returns on their savings. Investors can witness their money grow consistently with the RBL Bank FD rates. The user-friendly RBL Bank FD calculator simplifies investment planning, enabling precise projections of potential earnings.
Moreover, senior citizens benefit from exclusive advantages through preferential FD rates, making RBL Bank FDs an ideal choice for people of all age groups aiming for financial growth. You will find the stability and growth potential with RBL Bank FDs.
The table below displays the interest rates offered by RBL Bank for Fixed Deposits (FDs)
| Tenure for deposit | Interest Rates for the General Public (p.a.) | Interest Rates for Senior Citizens (p.a.) |
| 7 – 14 days | 3.50% | 4.00% |
| 15 – 45 days | 4.00% | 4.50% |
| 46 – 90 days | 4.50% | 5.00% |
| 91 – 180 days | 4.75% | 5.25% |
| 181 – 240 days | 5.50% | 6.00% |
| 241 – 364 days | 6.05% | 6.55% |
| 12 months – < 15 months) | 7.00% | 7.50% |
| 15 months – < 24 months) | 7.80% | 8.30% |
| 24 months – < 36 months | 7.50% | 8.00% |
| 36 – 60 months 1 day | 7.10% | 7.60% |
| 60 months 2 days – 240 months | 7.00% | 7.50% |
| Tax Savings Fixed Deposit (60 months) | 7.10% | 7.60% |
Eligibility Criteria for RBL Bank FD Accounts
The requirements for the RBL Bank FD scheme are as follows:
- You must reside in India
- Having an RBL Bank account is required
Documentation Required for RBL Bank FD Accounts
The following paperwork is needed to reserve an RBL FD:
- Proof of address, ID, and two passport-size pictures, as well as information about your bank account and PAN card, are required
RBL Bank FD Schemes
Here are some of the important aspects of the various types of FDs offered by RBL banks:
- Regular Fixed Deposits
The FD tenor spans from 7 days to 20 years, with an online booking limit of 10 years. Facilities for nomination and overdraft are available. Interest is calculated on a simple interest basis for tenors less than 180 days. Depending on their demands, investors can choose between monthly and quarterly payouts.
- Tax Savings FD
Under this scheme, FDs are eligible for an annual tax deduction of up to Rs 1.5 lakh under Section 80C. The tenor is locked in at five years. Interest is calculated on a simple interest basis for tenors less than 180 days. You can choose between monthly and quarterly payout choices. It is not allowed to withdraw prematurely or partially.
- Senior Citizen Fixed Deposits
An additional interest rate of 0.50% per year is applicable to all FD tenors for resident senior citizens who are 60 years of age or older. Tenor options extend from 7 days to 20 years, with an online booking limit of 10 years. There are no fees associated with premature or partial withdrawals. Simple interest is used in the calculation of interest rates for tenors less than 180 days. Depending on personal preferences, flexible payout choices include monthly or quarterly payments.
- Super Senior Citizen Fixed Deposits
A 0.75% annual interest rate is applied to all FD tenors for resident elderly persons aged 80 and up. Tenor options extend from 7 days to 20 years, with an online booking limit of 10 years. There are no fees associated with premature or partial withdrawals. Simple interest is used in the calculation of interest rates for tenors less than 180 days.
- Flexi Sure Fixed Deposits
The FD amount may be partially broken in the event of a fund shortage in the linked account, with the remaining deposit continuing to earn the FD interest rate. Deposits may be linked together. There are no fees associated with premature or partial withdrawals. Simple interest is used in the calculation of interest rates for tenors less than 180 days. Based on current rates, a reduced rate is applied to monthly distributions.
What are RBL Bank FD Interest Rates for Deposits < 2 Crores?
The table displays the interest rates for both the general public and senior citizens for fixed deposits. Additionally, there is a special “Tax Savings Fixed Deposit” with a tenure of 60 months and interest rates of 7.10% for the general public and 7.60% for senior citizens.
| Tenure | Interest Rates for the General Public (p.a.) | Interest Rates for Senior Citizens (p.a.) |
| 7 – 14 days | 3.50% | 4.00% |
| 15 – 45 days | 4.00% | 4.50% |
| 46 – 90 days | 4.50% | 5.00% |
| 91 – 180 days | 4.75% | 5.25% |
| 181 – 240 days | 5.50% | 6.00% |
| 241 – 364 days | 6.05% | 6.55% |
| 365 -452 days | 7.00% | 7.50% |
| 453 days – < 24 months | 7.80% | 8.30% |
| 24 months – < 36 months | 7.50% | 8.00% |
| 36 – 60 months 1 day | 7.10% | 7.60% |
| 60 months 2 days – 240 months | 7.00% | 7.50% |
| Tax Savings Fixed Deposit (60 months) | 7.10% | 7.60% |
Interest Rates for Domestic/ NRO / NRE Fixed Deposits
The table presents the interest rates for Domestic & Flexi Fixed Deposits, NRE (Non-Resident External) Fixed Deposits, and NRO (Non-Resident Ordinary). Check out for more details:
| Tenure | Interest Rates (p.a) for Domestic Deposits | Interest Rates (p.a) for NRE Deposits | Interest Rates (p.a) for NRO Deposits |
| 7 – 14 days | 3.50% | NA | 3.50% |
| 15 – 45 days | 4.00% | NA | 4.00% |
| 46 – 90 days | 4.50% | NA | 4.50% |
| 91 – 180 days | 4.75% | NA | 4.75% |
| 181 – 240 days | 5.50% | NA | 5.50% |
| 241 – 364 days | 6.05% | NA | 6.05% |
| 12 months to < 15 months) | 7.00% | 7.00% | 7.00% |
| 15 months to < 24 months | 7.80% | 7.80% | 7.80% |
| 24 months to < 36 months | 7.50% | 7.50% | 7.50% |
| 36 – 60 months 1 day | 7.10% | 7.10% | 7.10% |
| 60 months 2 days to 240 months | 7.00% | 7.00% | 7.00% |
| Tax Savings Fixed Deposit (60 months) | 7.10% | NA | 7.10% |
RBL Bank Fixed Deposit FAQ’s :-
Premature withdrawal will result in a 1% penalty being deducted from the interest component. However, there is an exemption to RBL Bank FD rates for senior citizens. When senior citizens take a withdrawal early, there is no 1% penalty.
You don’t need to provide your PAN to open an FD account. The TDS that applies in this situation, if any, will be 20% instead of 10% with PAN.
