For your benefit:If you are planning to make recurring deposit, then first know here which bank is giving more interest
If You Are Planning To Make A Recurring Deposit, Then First Know Here Which Bank Is Paying How Much Interest
TPN24 Desk 
If you want to build a large fund by investing monthly, then Recurring Deposit (RD) will be right for you. Through this, you can easily achieve small or big financial goals without any risk. Yes Bank is currently offering interest of up to 6.50% on RD and IDFC First India Bank up to 6%. What do we RD you today? And which bank is giving how much interest on this? These are telling.
What is RD?
Recurring Deposit or RD can help you save big. You can use it as a piggy bank. Meaning you keep putting a fixed amount in it every month when the salary comes and on its maturity you will have a big amount in your hand.
How long is the maturity period?
Its maturity period is usually between 6 months to 10 years. However, in the country's largest bank SBI, you have to invest for a minimum period of 1 year.
How much can you start investing with?
You can invest a minimum of Rs 100 per month in this RD scheme. You can deposit any amount more than this in multiples of 10. There is no limit on the maximum deposit amount.
Where can I open an RD account?
RD is a type of small savings scheme. Any person can open an account in any bank. These accounts can be opened in all private and government banks.
