State Bank of Bikaner & Jaipur Deposit Schemes & Interest Rates

Find The Best Rates For a State Bank of Bikaner and Jaipur Recurring Deposit

Opening an RD account is an easy method to save money. You can create your own savings fund by depositing a small amount of money each month. State Bank of Bikaner & Jaipur offers RD schemes to salaried people, business people and children. The minimum deposit amount is 100 rupees. After depositing the initial amount, you can make the further deposits in the multiples of 10. You can earn an interest rate ranging from 6.75%-9.25% per annum depending on the deposit term, the tenure of the deposit and the amount deposited. The interest rate is compounded on a quarterly basis and you can also avail a loan against the deposit.

State Bank of Bikaner & Jaipur Interest Rates for Deposits less than 1 Crore

DURATION	PUBLIC % P.A	SENIOR CITIZEN % P.A	STAFF % P.A	EX-STAFF SENIOR CITIZEN % P.A	NRO % P.A	NRE % P.A
1 year to 455 days	6.9	7.4	7.9	8.4	6.9	6.9
456 days to less than 2 years	6.95	7.45	7.95	8.45	6.95	6.95
2 years to less than 3 years	6.85	7.35	7.85	8.35	6.85	6.85
3 years to less than 5 years	6.5	7	7.5	8	6.5	6.5
5 years and up to 10 years	6.5	7	7.5	8	6.5	6.5

State Bank of Bikaner & Jaipur Interest Rates for deposits Amounting from 1-10 crores

DURATION	PUBLIC % P.A	SENIOR CITIZEN % P.A	NRO % P.A	NRE % P.A
1 year to 455 days	4.25	4.75	4.25	4.25
456 days to less than 2 years	4.25	4.75	4.25	4.25
2 years to less than 3 years	4.25	4.75	4.25	4.25
3 years to less than 5 years	4.25	4.75	4.25	4.25
5 years and up to 10 years	4.25	4.75	4.25	4.25

State Bank of Bikaner and Jaipur Short Term Recurring Deposit Interest Rates

Short-term deposits for State Bank of Bikaner & Jaipur have tenures ranging from 1 year-455 days and the interest rate applicable on this deposit is 7.05% for deposits amounting to less than a crore. For bulk deposits amounting up to 10 crores, the interest rate applicable is 5.75% per annum

State Bank of Bikaner and Jaipur Medium and Long-Term Recurring Deposit Interest Rates

Medium-term deposits vary from 2-3 years and 3-5 years earn interest rates varying from 6.5%-7% per annum. Deposits larger than 1 crore and up to 10 crores can earn an interest rate of 5.75%-5.25% per annum.

State Bank of Bikaner and Jaipur Senior Citizen Recurring Deposit Interest Rates

Senior citizens can earn interest rates above the standard interest rates offered by the bank. An additional interest rate of 0.5% is applicable on senior citizens RD account, for higher deposits amounting form 1-10 crore, the additional interest rate offered is 0.25%. Senior citizens can also take joint accounts with people less than 60 years to avail its benefit and the senior citizen is considered to be the first applicant

State Bank of Bikaner and Jaipur Employees and Ex-employees Recurring Deposit Interest Rates

Employees and Ex-Employees of State Bank of Bikaner & Jaipur can avail the benefits of additional interest rates. An additional interest rate of 1% is applicable on the RD accounts of employees and ex-employees of State Bank of Bikaner & Jaipur. If an ex-employee is a senior citizen, then they can avail an interest rate of 1%+0.5% per annum. The additional interest rate is, however, not applicable to NRE/NRO deposits

State Bank of Bikaner and Jaipur NRE/NRO Recurring Deposit Interest Rates

NRE and NRO RD accounts offer the same rate of interest to their customers on their domestic RD. The tenure for NRE RD varies from 1-10 years and NRE deposits are not eligible for the additional interest rate applicable on senior citizens