In this, like FD, money does not have to be deposited all at once. This is the safest option. Most people consider it auspicious to invest on Dhanteras. If you are also planning to make RD for Dhanteras or Diwali, then you can invest in RD of these banks. Let us know how much interest is being received on RD.

DCB Bank

DCB Bank is offering 7.6 percent interest on 5 year RD. The bank is offering up to 8 percent interest on RDs of less than Rs 10 lakh to Rs 2 crore.

Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering 7.25 percent interest to customers on RD of 5 to 10 years. It is giving interest at the rate of 7.5 percent to senior citizens. The bank is offering 8.60 percent interest on RD of 27 to 36 months. At the same time, senior citizens are getting 9.1 percent interest.

Deutsche Bank

The bank is offering 8 percent interest on RD of 27 to 36 months. 7.25 percent interest is being given on 5 year RD.

Ujjivan Small Finance Bank

Investors can avail 7.2 per cent interest on RD for a tenure of 36 to 60 months. 6.5 percent interest is being given on FDs maturing in 63 to 120 months.

IndusInd Bank

The bank is offering 7 percent interest on recurring deposits of 61 months and above. Senior citizens are getting additional interest of 50 basis points i.e. 0.50 percent.

Axis Bank

Axis Bank is offering 7 percent interest on 5 year RD. Senior citizens will be given 0.75 percent interest on RD of more than Rs 5 crore.

HDFC bank

HDFC Bank is offering 7 percent interest on 5 year RD which will mature in 5 years. 7.50 percent interest will be given to senior citizens.

The post RD Great Plan: These banks are giving interest of 9.1%, check list here first appeared on Rightsofemployees.com.