Saraswat Bank Recurring Deposit Schemes & Interest Rates
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Get The Highest Interest Rates on Saraswat Bank Recurring Deposit
RD schemes of Saraswat Bank are preferred by many people in the country since this Bank provides high-interest rate and the minimum instalments are also very low. The minimum instalments for an Recurring Deposit account is 5 rupees. Individuals can open an account individually or jointly with the bank.
| Tenor | ROI For General Public (% P.A) | ROI For Senior Citizens (% P.A) |
| Above 1 year up to 24 months | 6.8 | 7.05 |
| Above 24 months up to 36 months | 6.8 | 7.05 |
NRE Rates
| Tenor | ROI for NRE Term Deposits (% P.A.) |
| Above 1 year up to 24 months | 6.8 |
| Above 24 months up to 36 months | 6.8 |
| Above 36 months up to 60 months | 6.7 |
| Above 60 months and upto 120 months | 6.6 |
Saraswat Bank Medium and Long-Term Recurring Deposit Interest Rates
Saraswat Bank customers can invest their money in RD account for medium and long-term periods. The medium-term deposit ranges from 2-3 years and the long-term deposit range from 3-10 years. the interest rate applicable on these deposits is 6.8% per annum and the interest rate provided by the Bank on long-term deposits is 6.7%-6.6% per annum
Saraswat Bank Senior Citizen Recurring Deposit Interest Rates
Senior citizens can also avail interest on their Saraswat Bank RD accounts. An interest rate of 7.5% per annum on the short term deposits, 7.05% per annum can be earned on medium-term deposits and 6.85%-6.95% per annum interest rate can be earned on long-term deposits
Saraswat Bank NRE Recurring Deposit Interest Rates
NRIs can deposit their money in Saraswat Bank RD for a minimum tenure of 1 year and avail attractive rate of interest
- The customers can earn an interest rate of 6.8% per annum for a deposit term of 1 year
- Customers can earn an interest rate of 6.7% per annum for a deposit term of 2-3 years
- For a deposit term of 3-5 years, the customers can earn an interest rate of 6.6% per annum
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