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bank RD vs post office RD: With 6.7% interest rate, is post office recurring deposit a better option than bank RD?

Recurring deposit in banks vs recurring deposit in post office: Those looking to start an RD mostly tend to think about going to a bank. But it may not always be the prudent option. With the interest rate on post office RDs being increased to 6.7% for the October-December quarter, it may be worth your time to check out the features of a recurring deposit at your nearest post office. Before investing in RD, check where you will get the best deal — bank or post office? ....

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Recurring deposit interest rates: Post Office, SBI, HDFC Bank 5-year RD rates compared

RD interest rates: The recurring deposit scheme provides an opportunity to build up savings through regular monthly deposits of fixed sum over a period of time ....

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Earn up to 7.75%: Which bank is offering highest interest rate on recurring deposits (RDs)

Investors must commit to a specific schedule of monthly payments for a set period. The depositor can get a lump at maturity because of the account s flexibility, minimal monthly deposits, and low maintenance requirements. ....

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Recurring deposit (RD) interest rates compared: SBI vs HDFC Bank vs ICICI Bank vs Yes Bank vs PNB

A recurring deposit account allows you to invest a specific amount each month until the end of the tenure, unlike a typical fixed deposit, which requires a single sum investment at one time. ....

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