HDFC Recurring Deposit: Invest fixed sum of amount on monthly basis in HDFC Recurring Deposit and get attractive interest rates. Build up your savings through regular monthly deposits of a fixed sum over a period of time with HDFC RD. This is a great option for those who have fewer earnings as the monthly deposit amount is very less in HDFC Account.
Recurring Deposit allows customers with an opportunity to build up their wealth securely through regular monthly deposit of fixed sum over a period of time. Invest very small amounts in Recurring Deposit and get Fixed Deposit interest rates! Maximise its benefits to suit your needs.
| FEATURES | BENEFITS |
| Attractive Interest Rates |
|
Flexible Tenor Options
|
|
| Minimum Amount | As low as ₹ 100O |
| Deposit Multiples | As low as ₹ 100 |
| Ease of Booking | Open RD on click of a button using internet or mobile banking. |
Are you looking for an investment opportunity where you can make regular savings and earn interest? A HDFC Recurring Deposit (RD) may be the answer for you. You can make small contributions at regular intervals and get rewarded with interest on your savings.
Rates for some key tenures:
Effective From Jan 24, 2023
Rates for some key tenures:
| Period | Interest Rate | **Senior Citizen Rates |
|---|---|---|
| 6 Months | 4.50% | 5.00% |
| 9 Months | 5.75% | 6.25% |
| 12 Months | 6.60% | 7.10% |
| 15 Months | 7.10% | 7.60% |
| 24 Months | 7.00% | 7.50% |
| 27 Months | 7.00% | 7.50% |
| 36 Months | 7.00% | 7.50% |
| 39 Months | 7.00% | 7.50% |
| 48 Months | 7.00% | 7.50% |
| 60 Months | 7.00% | 7.50% |
| 90 Months | 7.00% | 7.75%* |
| 120 Months | 7.00% | 7.75%* |
**Only Resident Senior Citizen Individuals are eligible for higher rates of interest.
- Resident individuals
- Hindu Undivided Families
- Private & Public Limited Companies
- Trust & Societies
- HDFC Existing customers can open Recurring Deposit through his bank Mobile Banking Application and HDFC Internet Banking.
- Visit the nearest HDFC branch and open Recurring Deposit
- You can also and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.
Click Here to Apply Online for HDFC RD Account
- For a much smaller investment per month, get interest rates equal to that of regular Fixed Deposits.
- An investment as small as Rs. 1000 (and in multiples of Rs. 100 thereafter) or as large as Rs. 14,99,900 per month
- A minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
- Ease to submit 15G/H form through Netbanking
- Set instructions to convert your RD into an FD at maturity
- Availing nomination facility while booking deposit online
Proof of Identity
- Aadhaar Card
- Passport
- PAN card
- Voter ID card
- Driving license
- Government ID card
- Photo ration card
- Senior citizen ID card
Address proof
- Aadhaar Card
- Passport
- Telephone bill
- Electricity bill
- Bank Statement with Cheque
- Certificate/ ID card issued by Post office
Categories: RD Interest Rate
Source: bank.newstars.edu.vn
Leave a Reply