Nainital Bank offers RDs with rates around 6.50 % for 1‑year tenures and about 6.25 % for 5‑year tenures. Senior citizens receive an extra 0.50 %. Minimum monthly instalments typically start at ₹100. Always verify current RD rates and penalty clauses from the bank.
Nainital Bank RD Rate Snapshot
| Tenure | Approx. RD rate |
|---|---|
| 1 year | 6.50 % |
| 3 years | 6.35 % |
| 5 years | 6.25 % |
Compare with rates offered by small finance banks for higher yields.
