Recurring Deposit Interest Rate (March 2026)

The interest on your Recurring Deposit is calculated from the date of each instalment paid and compounded quarterly, ensuring accurate returns. You can also try the calculator above to understand the payout of RD Interest better.

HDFC Bank Recurring Deposit (RD) offers attractive interest rates, typically ranging from 5.50% to 7.00% depending on the tenure, which can vary from 6 months to 10 years. The RD provides flexible deposit amounts starting from as low as ₹1,000 per month. It also offers easy online account management, loan facilities against the deposit, and automatic renewal options.

The interest earned on your recurring deposit is subject to TDS (Tax Deducted at Source) if the Savings/Current Accounts linked to RD are not maintained.

The bank allows premature withdrawal but in return, it charges 1% of the deposited amount as a penalty. If the lock-in period is not met, no interest will be paid on the deposited amount.

Accurate Interest Calculation: The interest on your RD is calculated from the date of each instalment paid and compounded quarterly, ensuring accurate returns.

HDFC Bank offers recurring deposit (RD) Interest Rates ranging between 5.00% – 7.75% p.a. for senior citizens. The tenures offered by the lender for its recurring deposit schemes range between 6 months (1 year for Non-Resident Indians) to 10 years.