Senior citizens get additional benefits as RBL Bank revises FD interest rates

For all categories of customers, RBL Bank has reduced the interest rates on fixed deposits under Rs. 2 crore. For the Senior citizens RBL bank revises FD interest rates which benefit the most from these because they can earn additional rates between 0.5 and 0.75%. Beginning on November 1, 2022, the revised rates are in effect. The new prices range from 3.25% to 7.25% for the general category, while the rates for senior persons range from 3.75% to an astounding 7.75%.

The bank is providing the highest rate of 7.25% on a 725-day term for the general category. From 453 days to 724 days, and from 726 days to fewer than 24 months, the rate is 7%. The rate is 6.75% for terms of 24 months or less and 6.55% for those of 36 months or more and one day.

Tanya CH

Tanya is a senior content writer in KEIZO.

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