bank Axis Bank RD Interest Rates Jan 2025 TenureNormal Citizen RD RateSenior Citizen RD Rate 3 Months to 6 Months 4.75% 4.75% 6 Months to 9 Months 5.75% 6.00% 9 Months to 1 Year 6.00% 6.25% 1 Year to 2 Years 7.10% 7.85% 2 Years to 3 Years 7.00% 7.75% 3 Years to 5 Years 7.0...
bank BOI Bank RD Interest Rates Jan 2025 TenureNormal Citizen RD RateSenior Citizen RD Rate 3 Months to 6 Months 4.50% 4.50% 6 Months to 9 Months 5.00% 5.50% 9 Months to 1 Year 5.50% 6.00% 1 Year to 2 Years 6.00% 6.50% 2 Years to 3 Years 6.00% 6.50% 3 Years to 5 Years 6.50...
The Bank of England ("BoE") ended its run of 14 consecutive interest rate hikes in September. • The Japanese equity market fell in September, as concerns arose surrounding political tensions with China, which could impact tourism. • International equities rallied strongly in the fourth ...
RD facility is provided by postal department and all leading banks in India including SBI, ICICI Bank, HDFC Bank, PNB, Corporation Bank, IDBI Bank, Bank of India, Bank of Baroda among others. Following is the formula given by IBA for Quarterly-compounded recurring deposits: M = R((1+i)...
bank HDFC Bank RD Interest Rates Dec 2024 TenureNormal Citizen RD RateSenior Citizen RD Rate 3 Months to 6 Months 4.50% 5.00% 6 Months to 9 Months 5.75% 6.25% 9 Months to 1 Year 6.00% 6.50% 1 Year to 2 Years 6.60% 7.10% 2 Years to 3 Years 7.10% 7.60% 3 Years to 5 Years 7.0...
i = Rate of interest/400. The amount of interest earned depends on the deposit amount in the RD account, the applicable interest rate by the bank, and the tenure of RD.Let’s take the example of Arun, who is planning to invest INR 5,000 every month at 8% interest p.a. for 24 ...