Interest Rates
4.00% – 7.50% p.a.
Time Period
7 days – 10 years
Min - Max Amount
1,000 - No upper limit
Compounding
Quarterly
ENTER AMOUNT
Select Duration
Expected Rate of Return
The future value of investment will be
₹ 0
Invested Amount
₹ 10,000
Est. Returns
₹ 0
RBL Bank Limited, formerly known as Ratnakar Bank Limited, is one of India's leading private-sector banks. Headquartered in Mumbai, Maharashtra, the bank was originally established in 1943 in Kolhapur. It has since grown into a pan-India institution with a strong presence across retail, corporate, and SME banking segments.
The bank offers an extensive range of financial products and services catering to individuals, businesses, and corporations. Its comprehensive offerings include savings and current accounts, personal and business loans, credit cards, insurance, and investment solutions. RBL Bank also provides advanced digital banking facilities to meet the evolving needs of tech-savvy customers.
Among its diverse financial products, RBL Bank provides multiple Fixed Deposit schemes tailored to suit different customer requirements. These fixed deposit plans enable customers to securely invest their savings for predetermined periods while earning competitive interest rates. The bank's FD schemes are designed to help customers grow their wealth steadily over time through disciplined savings.
The bank maintains specific terms for fixed deposits, including minimum deposit requirements and restrictions on early withdrawals. Premature withdrawals typically attract a penalty of 1% on the applicable interest rate, encouraging customers to maintain their deposits until maturity. This approach promotes financial discipline while ensuring customers can access their funds when genuinely necessary.
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (p.a.) |
7 – 14 days | 4.00% | 4.50% |
15 – 29 days | 4.00% | 4.50% |
30 – 45 days | 4.50% | 5.00% |
46 – 60 days | 5.00% | 5.50% |
61 – 90 days | 5.25% | 5.75% |
91 days – < 6 months | 5.75% | 6.25% |
6 months – < 9 months | 6.25% | 6.75% |
9 months – < 1 year | 6.50% | 7.00% |
1 year – < 15 months | 6.75% | 7.25% |
15 months – < 18 months | 7.00% | 7.50% |
18 months – < 2 years | 7.00% | 7.50% |
2 years – < 3 years | 7.00% | 7.50% |
3 years – < 5 years | 7.00% | 7.50% |
5 years – 10 years | 6.75% | 7.25% |
Note: The data is as of July 18, 2025
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (p.a.) |
7 – 14 days | 4.25% | 4.75% |
15 – 29 days | 4.25% | 4.75% |
30 – 45 days | 4.75% | 5.25% |
46 – 60 days | 5.25% | 5.75% |
61 – 90 days | 5.50% | 6.00% |
91 days – < 6 months | 6.00% | 6.50% |
6 months – < 9 months | 6.50% | 7.00% |
9 months – < 1 year | 6.75% | 7.25% |
1 year – < 15 months | 7.00% | 7.50% |
15 months – < 18 months | 7.25% | 7.75% |
18 months – < 2 years | 7.25% | 7.75% |
2 years – < 3 years | 7.25% | 7.75% |
3 years – < 5 years | 7.25% | 7.75% |
5 years – 10 years | 7.00% | 7.50% |
Note: The data is as of July 18, 2025
RBL Bank offers a comprehensive range of fixed deposit options designed to meet diverse financial needs. With an accessible minimum deposit of just ₹1,000, these FDs cater to both small savers and large investors. Senior citizens benefit significantly from preferential interest rates, typically 0.50% higher than regular rates across all tenure buckets.
The bank provides competitive interest rates even on short-term deposits, making it an attractive option for various investment horizons. Customers can avail loans up to 90% of their FD value, ensuring liquidity during financial emergencies. Additional features include nomination facilities for secure succession planning, flexible tenure options from 7 days to 10 years, and hassle-free online account management capabilities.
This standard FD scheme offers higher returns than regular savings accounts for tenures ranging from 7 days to 10 years. Investors can choose from multiple interest payout options including monthly, quarterly, half-yearly, or annual disbursements. The scheme permits premature withdrawals with applicable penalties and allows customers to avail loans against the deposited amount. It serves as an effective hedge against inflation while providing steady, predictable returns.
Designed specifically for tax planning purposes, this scheme qualifies for deductions under Section 80C of the Income Tax Act. It features a mandatory lock-in period of 5 years with no provision for premature withdrawals. While the principal investment up to ₹1.5 lakh offers tax benefits, the interest earned remains taxable. This scheme does not permit loans or overdrafts against the deposit, ensuring compliance with lock-in requirements.
This completely paperless FD can be opened by both existing and new customers through a fully online process. Using PAN and Aadhaar for e-KYC verification, customers can complete the entire process without visiting a branch. Funds can be transferred from any bank account, making it a convenient option for tech-savvy investors seeking quick and efficient investment solutions.
In this cumulative scheme, interest is compounded quarterly and reinvested with the principal amount. The entire maturity value, including both principal and accumulated interest, is paid at the end of the tenure. This option maximizes returns through the power of compounding, making it ideal for long-term wealth creation goals such as retirement planning or children's education funding.
Exclusively designed for individuals aged 60 years and above, this scheme offers an additional 0.50% interest across all tenures. It prioritizes capital safety while providing enhanced returns to support retirement needs. Senior citizens also receive dedicated customer support and priority services at bank branches, ensuring a comfortable banking experience.
Tailored for high-net-worth individuals, this premium scheme offers superior interest rates for larger deposit amounts. It provides the flexibility to choose between simple and compound interest structures. However, premature closure is not permitted, making it suitable for investors with clear long-term financial objectives and minimal liquidity requirements.
This innovative product automatically transfers surplus funds from a linked savings account to a fixed deposit when the balance exceeds a predetermined threshold. Conversely, it automatically breaks the FD to maintain the minimum balance when required. This hybrid approach combines the higher returns of fixed deposits with the liquidity benefits of savings accounts.
These deposits cater to investment horizons from 7 days to less than 1 year, offering interest rates between 4.00% and 6.50% for regular customers. Senior citizens earn between 4.50% and 7.00% for the same periods, providing enhanced returns for retired investors. These FDs are ideal for parking temporary surplus funds, building emergency corpus, or meeting short-term financial objectives while maintaining liquidity.
Covering tenures from 1 year to under 3 years, this category offers rates ranging from 6.75% to 7.00% for regular customers and 7.25% to 7.50% for senior citizens. These deposits strike an optimal balance between attractive returns and reasonable commitment periods, making them suitable for planned expenses like education fees, vehicle purchases, or home renovations.
With tenures spanning 3 years to 10 years, these FDs provide rates between 6.75% and 7.00% for regular investors and up to 7.25% to 7.50% for senior citizens. The extended tenure allows investors to lock in favorable rates for longer periods, benefiting from compounding effects. These are ideal for retirement planning, wealth creation, and other long-range financial goals.
| Tenure Range | Institution Name | Interest Rate Range (%p.a.) |
|---|---|---|
| 15 months – < 18 months | 7.25› |
 | 15 months – < 18 months | 7.00› |
 | 1 year – 2 years | 7.50› |
 | 18 months 1 day – 24 months | 8.15› |
 | 1 year – 2 years | 7.25› |
Note: The data is as of July 18, 2025
Existing RBL Bank customers can conveniently open fixed deposits through the bank's internet banking platform. The process begins by logging into the internet banking account and navigating to the 'Deposit' section. Customers then select 'Create Fixed Deposit' and enter all required details including the deposit amount, preferred tenure, interest payout frequency, and nominee information.
After careful review and confirmation, the system instantly debits the amount from the linked savings account and generates a web receipt. The formal FD advice is sent to the registered email address and can also be downloaded through internet banking after one working day.
For customers preferring traditional banking channels, RBL Bank provides the option to open fixed deposits by visiting any branch. The process involves collecting and completing the FD application form with personal details, KYC information, and deposit specifications. Applicants must submit the form along with self-attested copies of identity and address proof documents. After depositing the desired amount through cash, cheque, or account transfer, the bank processes the application and issues a physical FD receipt as proof of investment.
RBL Bank extends fixed deposit facilities to a wide spectrum of individuals and entities. Eligible applicants include resident individuals (either singly or jointly), minors through guardians, senior citizens, and Hindu Undivided Families (HUFs). The eligibility further encompasses various business entities including sole proprietorships, partnership firms, private and public limited companies, as well as registered trusts and societies. All applicants must comply with the bank's KYC norms and provide necessary documentation as per regulatory requirements.
To open a fixed deposit with RBL Bank, applicants must submit valid KYC documents as per regulatory guidelines. The mandatory documents include proof of identity (Aadhaar card, Voter ID, Driving Licence, or Passport), proof of address (Aadhaar, utility bills, or passport), and PAN card as per Income Tax Department regulations. For non-individual entities, additional documents such as certificate of incorporation, partnership deed, or trust registration documents may be required along with authorization letters from authorized signatories.
RBL Bank's Tax Saving Fixed Deposit offers tax benefits under Section 80C of the Income Tax Act, with a mandatory 5-year lock-in period. As of July 2025, this scheme offers competitive interest rates ranging from approximately 6.75% to 7.00% for regular citizens and 7.25% to 7.50% for senior citizens. While the principal investment up to ₹1.5 lakh qualifies for tax deduction, the interest earned is fully taxable and added to the investor's annual income.
The bank deducts TDS at 10% if the annual interest income exceeds ₹40,000 (₹50,000 for senior citizens). Investors can avoid TDS deduction by submitting Form 15G or 15H if their total income is below the taxable limit. It's crucial to provide PAN details to the bank; failure to do so results in TDS at a higher rate of 20%. Investors should consider the tax implications while planning their FD investments to optimize post-tax returns.
RBL Bank permits premature withdrawal of fixed deposits subject to specific terms and conditions. The bank typically levies a penalty of 1% on the applicable interest rate for the period the deposit was held. No interest is paid if the FD is withdrawn within 7 days of opening. However, for fixed deposits of 2 years or more opened after December 15, 2020, no penalty is charged if withdrawn after completing 15 months. Digital FDs offer additional flexibility with one penalty-free partial withdrawal up to 25% of the principal amount. Tax Saving FDs have strict restrictions and cannot be withdrawn prematurely except in case of the depositor's demise.
Log in to RBL Bank Internet Banking, navigate to the 'Deposit' section, and select 'Create Fixed Deposit'. Enter the required details including amount, tenure, and nominee information, then confirm to complete the process instantly.
The minimum investment for regular RBL Bank fixed deposits is ₹1,000, while the Tax Saver FD can be opened with a minimum of ₹100, making it accessible to investors across different financial capabilities.
RBL Bank offers flexible tenure options ranging from 7 days to 10 years, with the Tax Saver FD having a fixed 5-year lock-in period and other schemes providing complete flexibility across short, medium, and long-term durations.
Both existing RBL Bank customers and new customers can open Digital FDs using PAN and Aadhaar for e-KYC verification, with the entire process completed online without requiring branch visits or physical documentation.
As of July 18, 2025, the highest FD rate for regular citizens is 7.00% p.a. for tenures of 15 months to less than 5 years, while senior citizens can earn up to 7.50% p.a. for the same tenure brackets.
Access RBL Bank's online FD calculator to input your investment amount, tenure, and type to estimate interest earnings and maturity value, helping assess tax liability and plan Section 80C investments efficiently.
Opt for cumulative FDs to benefit from compounding, choose optimal tenures of 15-60 months for peak rates, utilize senior citizen benefits where applicable, and avoid premature withdrawals while managing tax efficiency through Forms 15G/15H.
