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RBL Bank launches super senior citizen fixed deposits product

22 Aug 2022 Evaluate

RBL Bank has launched a Super Senior Citizen Fixed Deposits Product on the ocassion of International Senior Citizens Day. The bank has been offering highly competitive Interest rates on all Fixed Deposits, especially in the 15 months bucket. Under the newly launched product, the Bank will be offering an additional interest rate of 0.75% p.a. on Fixed Deposits to Super Senior Citizens i.e. age group of 80 years and above. Hence taking the 15 month interest rate to 7.75% p.a. The Fixed Deposits can be booked easily through RBL Bank’s Website, Internet Banking, RBL MoBank App, Branches and Contact Centre. Additionally, the Bank offers Free Doorstep Banking for all senior citizens.

RBL Bank operates as a scheduled commercial bank. The bank offers its services under the various business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets.

Peers
Company Name CMP
HDFC Bank 715.75
ICICI Bank 1352.75
Axis Bank 1241.00
Kotak Mahindra Bank 415.35
Indusind Bank 959.20
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