IDFC First bank recurring deposit
IDFC Bank has different types of recurring deposits. Many facilities in these banks like the nomination facility, premature withdrawals and loan or overdraft facility and many more. Every bank provides these facilities. And these banks have several recurring deposit features. In a recurring deposit, you can get high interest rates when compared to the other fixed deposits. The recurring deposit is significant rather than the other recurring deposits.
IDFC bank RD Interest rates- Special features
There are many unique features in the IDFC bank. The special features are like the nomination facility, premature withdrawals and many more things. These unique features are available in every bank.
- Nomination facility: Available
- Premature withdrawals: Available
- Loan/overdraft facility: Up to 95 per cent and it is available
- Cap facility: Available
- Senior citizen interest rates: Available
These are some of the unique features of the IDFC bank.
IDFC bank recurring deposit scheme types:
there are many recurring deposit schemes available in the HDFC bank. Some of them are:
- Regular recurring deposit scheme
- NRE recurring deposit features
- Tax saving recurring deposit scheme
- Senior citizen recurring deposit scheme
Regular recurring deposit scheme:
- in a regular recurring deposit scheme, you can get the regular tenure times and many more things.
NRE recurring deposit scheme:
- In NRE recurring deposit, the NRI’s can be eligible.
- They also have the same interest rates.
Tax saving recurring deposit schemes:
- In a tax-saving recurring deposit scheme, you can get the tax benefits.
- These tax benefits are for the people who have a regular source of income.
Senior citizen recurring deposit scheme:
- In the senior citizen recurring deposit scheme, the age group should be above 60 years of age.
- In senior citizen, recurring deposit schemes have high interest rates when compared with others.
These are some of the recurring deposit features in the IDFC bank.
IDFC bank RD Account
In HDFC bank, you can create an RD Account. To create these accounts, firstly, you need to visit your nearest branch, and then you can get the required blanks, and after that, you can get the account opening in eth HDFC bank.
Then you can open an RD account with a deposit in g the money. In this way, you can open an RD Account in the HDFC bank.
IDFC Bank Recurring deposit rates:
Some of the terms can take the regular deposit rates. These terms are like the tenure time, interest rates and the number of recurring deposit rates. These terms can be better helped in the recurring deposit rates. These recurring deposit rates are based on these terms. If you can know these terms, you can use all the regular deposit rates. These are some of the recurring deposit rates in the HDFC bank. These rates may vary based on the interest rates and many more things.
IDFC bank RD Interest rates 2021
| Tenure | General citizens rd interest rates | Rd interest rates for senior citizens |
| 6 | 3.50% | 4.00% |
| 9 | 4.40% | 4.90% |
| 12- 24 months | 4.90% | 5.40% |
| 27-36 months | 5.15% | 5.65% |
| 39-60 months | 5.30% | 5.80% |
| 90 months | 5.50% | 6.00% |
IDFC bank RD Interest calculator:
This HDFC bank has many calculations involved in the recurring deposit. There are many terms like interest rates, amount of recurring deposits and many more things. The tenure time also depends on the calculations. By knowing all the terms, you can calculate teh RD Account calculator. At the end of the tenure time, you can get the RD Interest calculations. These are some of the RD Account calculations.
RD Account opening process at IDFC bank:
In HDFC bank, you can create an RD Account. to create this account, you can get the required blanks, and after that, you can get the account opening in eth HDFC bank.
Then you can open an RD account with a deposit in g the money. In this way, you can open an RD Account in the HDFC bank.
Duration of recurring deposit with the IDFC bank:
The duration of the HDFC banks can know by knowing the HDFC bank tenure time. The tenure time is most important for the recurring deposit. These recurring deposits are based on the interest time and the recurring deposit duration. These recurring deposit duration can also be based on the recurring deposit amount. These are some of the recurring deposit amounts.
The recurring deposit duration can be based on the HDFC bank tenure time. In this way, you can use all the recurring deposit rates. These rates are based on the tenure time In the regular deposit rates.
FAQs
What is the interest rates for the recurring deposit of 1 year?
The interest rate for one year is 5.30 per cent in the IDFC bank.
What is the interest rates for more than a year of IDFC bank?
The interest rates for more than a year is 6.00%
What is the loan/overdraft facility in the IDFC facility?
The loan or overdraft facility is 95 per cent.
Is the nomination facility available in the IDFC Bank?
The nomination facility is available in the IDFC Bank.