5-year post office RD rate vs vs SBI vs HDFC Bank vs ICICI Bank vs Yes Bank RDs

Sneha Kulkarni, ET Online

Sep 30, 2023

Recurring deposits

Recurring deposit account allows you to invest a specific amount each month until the end of the tenure, unlike a typical fixed deposit

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Post office recurring deposit

The Post office RD is set at 5 years from the date of opening. Interest rate offered for this quarter is 6.7%

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SBI RD interest rate

SBI offers RD interest rate of 6.70% on 5 years tenure.

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HDFC Bank RD interest rate

HDFC Bank offers RD interest rate of 7% on 5 years tenure.

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ICICI Bank RD interest rate

ICICI offers RD interest rate of 7% on 5 years on tenure of above 3 years up to 5 years.

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Yes Bank RD interest rate

Yes Bank offers RD interest rate of 7.25% on 5 years on tenure.

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