DHFL Bank Recurring Deposit Schemes & Interest Rates

Get Best Interest Rates on DHFL Recurring Deposit

DHFL offers the 'Small Savings Scheme' to investors, partnership firms, companies, proprietorship firms etc. Cumulative and non-cumulative Rd schemes are also offered by DHFL and the interest on these schemes is payable on monthly, yearly, quarterly and half-yearly basis under the non-cumulative schemes and it is paid on a half-yearly basis on a cumulative scheme. The depositors can also avail loan against RD and pre-closure facility after the completion of three months tenure. Nomination scheme is also available on the scheme and the deposit tenure ranges from 12-120 months.

DHFL Short-term Recurring Deposit Interest Rates

The short-term deposit schemes with DHFL is known as Small Savings Scheme and the minimum tenure for which the Recurring Deposit can be opened is 12 months. The tenure for short-term deposits with DHFL ranges from 1-2 years and the interest rate applicable on such deposits is 8.6% per annum.

DHFL Medium-Term and Long-Term Recurring Deposit Interest Rates

You can avail an interest rate of 8.6% per annum with DHFL medium term RD scheme. The minimum deposit is 500 rupees. The tenure for long-term deposits ranges from 5-10 years and an interest rate of 8.6% per annum is applicable on this RD scheme.

DHFL Other Recurring Deposit Scheme Interest Rates

DHFL has the sole discretion to choose the privileged customers who receive an additional interest rate of 0.5% on their Recurring Deposits