RBL Bank is a fast-growing private sector bank in India, offering a range of financial products and services. It provides fixed deposits with attractive interest rates, flexible tenures, and special rates for senior citizens. Use the calculator to estimate your interest earnings and maturity amounts, making it easy to manage your investments.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 7 days to 14 days | 3.50 | 4.00 |
| 15 days to 45 days | 4.00 | 4.50 |
| 46 days to 90 days | 4.50 | 5.00 |
| 91 days to 180 days | 4.75 | 5.25 |
| 181 days to 240 days | 5.50 | 6.00 |
| 241 days to 364 days | 6.05 | 6.55 |
| 365 days to 452 days (12 months to < 15 months) | 7.50 | 8.00 |
| 453 days to 499 days (15 months to 16 months 14 days) | 7.80 | 8.30 |
| 500 days | 8.10 | 8.60 |
| 501 days to 545 days (16 months 16 days to < 18 months) | 7.80 | 8.30 |
| 546 days to 24 months (18 months to 24 months) | 8.00 | 8.50 |
| 24 months 1 day to 36 months | 7.50 | 8.00 |
| 36 months 1 day to 60 months 1 day | 7.10 | 7.60 |
| 60 months 2 days to 120 months | 7.00 | 7.50 |
Data last updated on 01/09/2024. Check latest interest rates here.
RBL Bank FD Calculator
RBL Bank FD FAQs
What happens if I withdraw my Fixed Deposit prematurely at RBL Bank?
If you withdraw your Fixed Deposit prematurely, interest is calculated at the rate applicable for the period the deposit was held, minus a 1% penalty.
How is interest calculated for short-term deposits at RBL Bank?
For term deposits with a duration of less than 181 days, simple interest is used to calculate the maturity amount.
How is interest paid out for RBL Bank Fixed Deposits?
Interest on term deposits is paid monthly at a discounted rate based on the current rates.
Is TDS applicable on RBL Bank Fixed Deposits?
Yes, TDS is deducted as per current income tax regulations. If PAN information is not provided, a higher TDS rate of 20% applies on resident time deposits with interest income of ₹10,000 or more in a financial year.
Can Fixed Deposits at RBL Bank be booked online?
Yes, Fixed Deposits can be booked online for a maximum tenure of up to 10 years.