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Recurring deposits

Compare monthly-instalment deposits, tenures, rates and missed-payment rules.

2 products

Filter Tenure
Filter Premature withdrawal
3 to 10 years
Not published
Not published
Not published
  • 0.50% for principal payment up to ₹5 lakh and 1% above ₹5 lakh
  • the payable rate is the lower of the elapsed-period rate or contracted rate after the applicable reduction, and no interest is paid if held under 7 days
Not published
SBI Recurring DepositState Bank of India
12 to 120 months
  • 6.25% for 1 to under 2 years
  • 6.40% for 2 to under 3 years
  • 6.30% for 3 to under 5 years
  • 6.05% for 5 to 10 years
  • 6.75% for 1 to under 2 years
  • 6.90% for 2 to under 3 years
  • 6.80% for 3 to under 5 years
  • 7.05% for 5 to 10 years
Minimum ₹100 per month, then in multiples of ₹10
  • 0.50% for principal up to ₹5 lakh and 1% above ₹5 lakh, for all tenors
  • no interest if the deposit remains for less than 7 days
Credit proceeds to a savings or current account, issue an IOI, or issue an STDR

Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.