Indian Bank RD Interest Rates | Indian Bank Recurring Deposit Calculator

Indian Bank RD Calculator is available on this page. Here, people can check their Recurring Deposit maturity amount and investment amount by using Indian Bank Recurring Deposit Calculator and Indian Bank RD Installment Calculator. Interest Rates are necessary to calculate the maturity amount and investment amount. Read the below topics completely to know furthermore details about the usage Indian Bank Recurring Deposit Calculator and Interest rates.

Indian Bank RD Calculator

The individuals who want to know their recurring deposit maturity amount and investment amount had come to a right place. Here, you can calculate your RD maturity amount through the Indian Bank RD Calculator. You can also calculate your RD Investment amount by using Indian Bank Recurring Deposit Installment Calculator. For the sake of people, we are providing those two calculators on this page. So, you can directly calculate without any searching. If you do not know How To Use Indian bank RD Calculator, you can follow the below sections. To calculate the maturity amount and investment amount, the interest rates and tenure periods are necessary. Therefore, we are providing those interest rates in the below tabular columns.

How To Use Indian Bank RD Calculator

  1. First of all, go to the Official website or Click the below link.
  2. Search for the Indian Bank RD Calculator link.
  3. If you find the link, open it.
  4. A page with Indian Bank Recurring Deposit Calculator appears on the screen.
  5. Enter the necessary details like interest rate, investment amount, tenure period, compounding interest, etc.
  6. After entering all the details click on the calculate button.
  7. Finally, you can see your Recurring Deposit maturity amount on the screen.
  8. You can also try with different interest rates and tenure periods to know the Recurring Deposit maturity amount.

The people who do not know the usage of the Indian Bank RD Calculator can follow the above steps. If you want to check your Investment amount, you can use the Indian Bank RD installment Calculator. If you don’t know How To Use Indian Bank RD Installment Calculator, you can learn from the below sections. To get the calculator directly on this page, you can see the below link. Open the below link once, to know furthermore details about RD Calculator.

Click here: Indian Bank RD Calculator.

How To Use Indian Bank RD Installment Calculator

  1. First of all, open the below link or go to the Indian Bank official website.
  2. Search for the RD Installment Calculator.
  3. If you get the link open it.
  4. The Indian Bank Recurring Deposit Installment Calculator appears on the screen.
  5. Enter the necessary details like maturity amount, interest rates, compounding interest and tenure period.
  6. Click on the calculate button after entering all the details.
  7. Your Recurring Deposit Investment amount appears on the screen.
  8. You can also try with the different interest rates, and maturity amounts to know the investment amount.

The users who want to know your Recurring Deposit investment amount can calculate now in RD Installment calculator by using the above steps. You need interest rates and tenure periods to calculate the investment amount and maturity amount. See the below sections to know the latest Indian Bank RD Interest Rates. Once check the below link to know furthermore details about the RD Installment Calculator and to get the Indian Bank RD Installment Calculator.

Click here: Indian Bank RD Installment Calculator.

Indian Bank RD Calculator

Indian Bank RD Interest Rates

Recurring Deposit Interest Rates on Indian Bank for below 1C
Maturity Period RD General Deposits (below Rs 1 crore) RD Senior Citizen Deposits (below Rs 1 crore)
7 days to 14 days 4.00 4.00
15 days to 29 days 4.00 4.00
30 days to 45 days 4.50 4.50
46 days to 90 days 4.50 4.50
90 days to 120 days 5.25 5.25
121 days to 180 days 5.25 5.25
181 to less than 9 months 5.75 6.25
9 months to less than 1 Year 6.25 6.75
1 year 6.50 6.50
1 year to < 2 Years 6.25 6.25
2 years to < 3 Years 6.25 6.25
3 years and above 6 6

Indian Bank RD rates

Indian Bank Recurring Deposit Interest Rates for the amount of 1C to 5C
Maturity Period RD Rates for General Deposits  RD Rates for Senior Citizens
7 days to 14 days 4.00 4.00
15 days to 29 days 4.00 4.00
30 days to 45 days 4.00 4.00
46 days to 90 days 4.00 4.00
91 days to 120 days 5.00 4.50
121 days to 180 days 5.00 4.50
181 to less than 9 months 5.25 4.50
9 months to less than 1 Year 5.50 4.50
1 year 5.75 4.75
1 year to < 2 Years 5.50 4.50
2 years to < 3 Years 5.25 4.50
3 years and above 5.25 4.50

Indian Bank Recurring Deposit

Recurring Deposit is a monthly savings scheme. The users who are having an RD Account can get more benefits and offers. In RD you have to deposit some amount of money monthly. At the time of maturity, you can receive a lump sum amount. You have to know the interest rates before investing your money in the banks. Many banks are offering high-interest rates for Recurring Deposit.

The Indian Bank is one of the famous banks in India. It was established in the year 15th August 1907. In India, there are many Indian Bank Branches and ATM’s. It is also linked with the Foreign Currency Banking Unit in Colombo and Jaffna. It is one of the leading banks in rural development bank. The Indian Bank latest interest rates and tenure periods are given in the above tabular columns. If you do not have an account in Indian Bank, you can open a new account in RD to get more advantages and benefits. If you do not know the Indian Bank Account Opening Procedure, you can learn from the below sections. The users who want to know more details about Indian Bank Recurring Deposit can see the below sections.

Click here: Indian Bank Recurring Deposit.

Indian Bank Account Opening

The individuals who want to apply for a new RD Account can apply in 2 ways. One is the online process and the another one is the offline process. If you don’t know the account opening process, you can follow the below sections. We are providing the Online and Offline account opening procedure in the below sections. So, the people who want to apply for a new RD Account in Indian Bank can follow the below processing steps.

How To Apply for Indian Bank RD Account Online

  1. First of all, go to the official website or click the below link.
  2. Search for the Indian Bank RD Account Opening Link.
  3. If you find the link, then open the link.
  4. Fill the RD Account Application form without any mistakes.
  5. Click on the submit button after filling the application form.
  6. Pay the RD Account application form online by using internet banking.
  7. The Bank will verify your application.
  8. After the completion of the verification, they will create a new RD account in their bank.

The applicants who want to apply for a new Recurring Deposit  Account through online can follow the above steps. If you want to apply through the Offline process and don’t know How To Apply for Indian Bank RD Account Offline, you can see the below sections.

How To Apply for Indian Bank RD Account Offline

  1. First of all, go to the Indian bank official website or see the below link.
  2. Search for the Recurring Deposit Application form pdf.
  3. If you find the link, then download the application form.
  4. Fill the Indian Bank Recurring Deposit Application form without any leaves and mistakes.
  5. You need to attach some necessary documents to the application form.
  6. Submit the application form at the counter along with the necessary documents.
  7. Pay the application fee in the form of cash at the counter.
  8. The bank holders will verify your documents and application form to create a new RD account for you.

The users who want to apply for an RD Account through the offline process can follow the above processing steps. Follow the below sections to know the RD Schemes In Indian Bank. If you want to know more details about Indian Bank RD Account Opening, you can follow the below link.

Click here: Indian Bank Recurring Deposit Account Opening Procedure.

RD Schemes In Indian Bank

The Indian Bank is offering many interesting schemes for Recurring Deposit. Before applying for a new RD Account, everyone should know the interest rates and schemes. For the sake of people, we are providing some of the Indian Bank schemes in the below sections. Therefore, the interested candidates can check the below schemes while applying for a new RD Account.

Short Term RD Rates

  • In Indian Bank, the short term deposit’s tenure period is starting from 6 months to less than 2 years.
  • The interest rate for 1C is ranging from 5.75% to 6.25% per annum.
  • For 1C to 5C, the interest rate is 5.25% to 5.75% per annum.

Medium and Long Term RD Rates

  • In medium term deposit, the tenure period is starting from 2 years to less than 3 years.
  • The interest rate is 6.25% per annum.
  • In Long Term, for a deposit of 1C to 5C, the interest rate is 5.50%per annum.

Senior Citizens RD Rates

  • The Senior Citizens interest rates are high when compared with the regular depositors.

NRE RD Rates

  • NRI’s should have an Indian Bank RD Account for a tenure period of minimum 1 year to 10 years.
  • In short term, the interest rate is 6.50% and 7.25% for a deposit of Rs.1C.
  • The interest rate is 7.25% for medium term deposit.
  • For a deposit of Rs.1C to rs.5C, the interest rate is 7% per annum.

 

Updated: March 20, 2017 — 10:41 am

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