If you want to earn big money after a certain period by depositing money in small amounts, then this news is for you. Recurring Deposit (RD) can be a good option for you to do this.
Recurring Deposit: If you want to earn big money after a certain period by depositing money in small amounts, then this news is for you. Recurring Deposit (RD) can be a good option for you to do this. Explain that in RD you do not have to deposit a lump sum amount like Fixed Deposit (FD). In this, you have to deposit a fixed amount in installments every month. Right now many banks are giving you up to 8% interest on RD. Let us know about the top 5 banks which are giving the highest interest on RD to their customers.
Deutsche Bank
Deutsche Bank is giving 6% to 7.50% interest to its general customers for different time periods. While banks are giving interest ranging from 6.50% to 7.75% for different time periods to their senior citizen customers.
City Union Bank
City Union Bank is giving interest ranging from 6.70% to 7.10% to its general customers for different time periods. At the same time, banks are giving interest ranging from 6.95% to 7.50% to their senior citizen customers for different time periods.
DHDL Bank
DHFL Bank is giving 7.75% interest to its general customers for different time periods. On the other hand, banks are also giving 7.75% interest to their senior citizen customers at different time periods.
Indian Overseas Bank
Indian Overseas Bank is giving interest ranging from 5.75% to 7.25% to its general customers at different time periods. While banks are paying 6.25% to 7.75% interest to their senior citizen customers.
Bandhan bank
Bandhan Bank is giving 6.50% to 7.50% interest to its general customers for different time periods. At the same time, banks are giving interest ranging from 7% to 8% to their senior citizen customers for different time periods.
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