{"id":8318,"date":"2025-08-12T09:39:03","date_gmt":"2025-08-12T09:39:03","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&#038;p=8318"},"modified":"2025-08-12T09:39:03","modified_gmt":"2025-08-12T09:39:03","slug":"types-of-recurring-deposit-overview-of-rd-list-of-rd-account-in-india","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/types-of-recurring-deposit-overview-of-rd-list-of-rd-account-in-india\/","title":{"rendered":"Types of Recurring Deposit\u00a0\u2013 Overview of RD, List of RD Account in India"},"content":{"rendered":"\n<p>Banks offer different recurring deposit schemes to suit various needs:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regular RD:<\/strong> Standard monthly deposit for 6\u00a0months to 10\u00a0years.<\/li>\n\n\n\n<li><strong>Senior Citizen RD:<\/strong> Offers higher rates for customers aged 60\u00a0years and above.<\/li>\n\n\n\n<li><strong>Flexi RD:<\/strong> Allows variable monthly installments within a predefined range.<\/li>\n\n\n\n<li><strong>RD for minors:<\/strong> Guardians can open RDs for children; encourages early saving habits.<\/li>\n\n\n\n<li><strong>NRE\/NRO RD:<\/strong> Available to NRIs; interest rates similar to domestic RDs but repatriability conditions differ.<\/li>\n<\/ul>\n\n\n\n<h2 id='sample-rd-interest-rates-1-year-approx'  id=\"boomdevs_1\" class=\"wp-block-heading\">Sample RD Interest Rates (1\u2011Year Approx.)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Bank<\/th><th>Approx. 1\u2011year RD rate<\/th><th>Notes<\/th><\/tr><\/thead><tbody><tr><td>Ujjivan Small Finance Bank<\/td><td>8.25\u00a0%<\/td><td>Higher for senior citizens<\/td><\/tr><tr><td>Equitas Small Finance Bank<\/td><td>8.20\u00a0%<\/td><td><\/td><\/tr><tr><td>Utkarsh Small Finance Bank<\/td><td>7.75\u00a0%<\/td><td><\/td><\/tr><tr><td>IndusInd Bank<\/td><td>7.75\u00a0%<\/td><td><\/td><\/tr><tr><td>Bandhan Bank<\/td><td>7.50\u00a0%<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Rates for longer tenures (5&nbsp;years) may be lower. Always check each bank\u2019s RD interest table and rules on premature closure before opening an account.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-8318","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/8318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}