SBI RD interest rates vary between 6.70% and 6.85% for regular customers and an additional interest rate hike of 0.50 percentage points for senior citizens Livemint Published 22 Dec 2018, 10:29 AM IST ...

The bank deducts TDS at prevalent Income tax rate if Form 15G/15H not submitted. The bank exercises auto renewal if maturity instructions are not given. ... The bank also provides passbooks for RD ...

In SBI RD account, the same amount can grow to Rs 1,65,327 in 120 months at 6.1% interest. Axis Bank RD will return Rs 1,68,988 on a monthly deposit of Rs 1000 for 120 months.

National Savings Recurring Deposit Account (RD), also known as the Post Office Recurring Deposit scheme offers guaranteed returns. It has a fixed interest rate of 6.7 per cent per annum compounded ...

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