Lakshmi Vilas Bank (now amalgamated with DBS Bank India) offers RD schemes with rates around 6.75 % for one‑year deposits and about 6.50 % for 3‑year deposits. Senior citizens may receive an extra 0.50 %. Minimum instalment amounts typically start at ₹100. Confirm the latest RD rates and deposit terms from DBS Bank India.
Lakshmi Vilas (DBS Bank) RD Rate Snapshot
| Tenure | Approx. RD rate |
|---|---|
| 1 year | 6.75 % |
| 3 years | 6.50 % |
| 5 years | 6.25 % |
Be aware that Lakshmi Vilas Bank merged with DBS Bank India in 2020; therefore, RD products now fall under DBS Bank India.
