FD interest rate up to 7.8%: RBL Bank launches digital fixed deposit

Posted on:
Key Points

RBL Bank has launched an innovative Digital Fixed Deposit (FD) scheme available to new-to-bank customers..

Now customers can open a savings account with the bank without visiting the bank branch, customers can book the Digital FD in just a few minutes, according to an RBL Bank press release...

The digital FD offers investors an interest rate of up to 7.8% and a duration of 15 months to 725 days, stated the press release...

The ability to track and administer FD digitally is just one of the many advantages of the online FD, which also includes inbuilt insurance coverage and a simple method for starting a savings account.The investor of FD may choose to purchase insurance protection through a Hospital Daily Cash Benefit policy, which provides daily cash benefits for medical costs.To access their fixed deposit receipts online, customers should download the RBL Bank MoBank App...

You might be interested in

Yes Bank premature withdrawal penalty on FDs hiked to up to 1%; Check details

22, Nov, 23

Yes Bank has increased the penalty for premature withdrawal from fixed deposits worth less than Rs 5 crore. The new penalty rates took effect on November 3, 2023, according to the Yes Bank website.

RBL Bank launches new fixed deposit scheme; offers up to 8.5% FD interest rate

02, Jun, 23

RBL Bank has announced that it has introduced a new fixed deposit scheme – ACE Fixed Deposit. RBL Bank has also revised its fixed deposit interest rates effective from June 1, 2023.

Earn up to 8.50 percent* p.a. interest on Fixed Deposit with AU Small Finance Bank

20, Mar, 23

As per the bank's official website, these interest rates are effective as of March 3, 2023

This PSB to discontinue special FD of 555 days with up to 7.50% return from March 31

28, Mar, 23

Here, we're referring to a special fixed deposit offered by Indian Bank, a public sector bank (PSB), which was introduced on December 19, 2022 with the promise of higher interest rates for customers.

3 banks offering above 9% interest rate on fixed deposits to senior citizens

25, Mar, 23

These three small finance banks are currently offering fixed deposit interest rates of 9% and higher. The majority of small financing banks are DICGC insured, meaning that the government will protect your deposits up to Rs 5 lakh.

Fixed Deposit above Rs 50 lakh to Rs 2 crore: Get up to 8.75% interest rate in RBL Bank now!

02, Jun, 23

RBL Bank ACE Fixed Deposit Scheme launch news: RBL Bank, today announced the launch of a new Fixed Deposit scheme named 'ACE'. Check interest rates, details

Highest FD interest rates offered on 2-3 year tenures: SBI vs HDFC Bank vs ICICI Bank vs Yes Bank vs Canar

06, Oct, 23

Here is a comparison of fixed deposit interest rates of 2-3 year tenures of leading banks such as SBI, HDFC Bank, ICICI Bank, PNB, and Canara Bank.

Senior Citizen Fixed Deposit rate change: Ujjivan SFB offers 1.75% extra interest on 12-month FD

02, Jun, 23

Fixed Deposit interest rate hike: Ujjivan Small Finance Bank today announced revised Fixed Deposit interest rates for senior citizens and others

Yes Bank hikes FD interest rates: These investors can now earn up to 8.25% fixed deposit interest rate

21, Nov, 23

Yes Bank has raised the interest rates on fixed deposits under Rs 2 crore by up to 25 basis points (bps) for certain durations. The bank now provides regular residents interest rates that range from 3.25% to 7.75% after the modification.

Fixed deposit rates: These banks offer up to 7.25% interest on 2-year deposits

29, Jan, 24

Fixed deposit rates: Here are the top 10 banks by term deposit holdings considered for Fixed deposits with a tenure of two years