- Earn higher interest on your savings
- Flexibility, security and excellent returns
- A tax saving investment option under section 80 c
- Minimum deposit just Rs 100/-, maximum Rs 1.5 lakhs
RD Interest Calculation
With effect from Oct 24, 2015, the following changes would be applicable to all Recurring Deposits. Interest on a Recurring Deposit will be calculated from the date the instalment is paid The method of calculation of interest on RDs will be on Actual / Actual Quarterly Compounding.