Bank FD Rates: You will get 8.25% return on 500 days FD, this bank has revised the interest rates

Bank FD Rates: Even after changing the interest rates of FD, the private bank is offering attractive returns. Apart from this, the interest rate of savings account has also been revised. Let us know how much interest is being received on how many days tenure?

Bank FD Rates: Private sector RBL Bank has changed the interest rates of fixed deposits (Bank FD Rates). The new rates have also become effective. After the amendment, general citizens are getting a minimum of 3.50% and maximum 7.75% return on tenures ranging from 7 days to 120 months. Senior citizens are getting 0.50% additional interest. The interest rate for them is from 4% to 8.25%.

Bank tax saver FDs are also getting attractive interest. General citizens are getting 7.10% and senior citizens are getting 7.60% return. The highest interest is being given on a tenure of 500 days. General citizens are getting 7.50% and senior citizens 8% interest on different tenures ranging from 365 days to 36 months. General citizens are getting 4.50% interest on 90 days investment.

Interest rate according to tenure

7 days to 14 days – 3.50%
15 to 45 days – 4%
46 to 90 days – 4.50%
91 to 180 days – 4.75%
181 to 240 days – 5.50%
241 to 364 days – 6.05%
365 days to 452 days – 7.50%
453 days to 499 days – 7.50%
500 days – 7.75%
501 days to 545 days – 7.50%
546 days to 24 days – 7.50%
24 months 1 day to 36 months – 7.50%
36 months 1 day to 60 months 1 day – 7.10%
60 months 2 days to 120 Month- 7%
60 Month Tax Saving FD- 7.10%

Interest on savings account reduced

RBL Bank has reduced the interest rates of savings account. The new rates will be effective from May 1, 2025. 3.25% interest is being given on a balance of Rs 1 lakh. Now, on amounts above Rs 1 lakh and up to Rs 5 lakh, you will get 3.50% interest instead of 4.50%. Interest on amounts above Rs 5 lakh and up to Rs 10 lakh has been reduced from 0.50% to 5%. 6.50% interest is being given on balances above Rs 10 lakh and Rs 25 lakh.

The interest rate on deposits above Rs 25 lakh and up to Rs 3 crore has come down to 7% from 7.50%. Deposits above Rs 3 crore and up to Rs 7.5 crore are getting 6.50% return. The bank is still giving 6.25% interest on deposits above Rs 7.5 crore and up to Rs 50 crore. Deposits above Rs 50 crore and up to Rs 200 crore are getting 6%, deposits above Rs 200 crore and up to Rs 400 crore are getting 6%, deposits above Rs 400 crore and up to Rs 500 crore are getting 6% and deposits above Rs 500 crore are getting MIBOR+100 bps.

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