This SFB is offering 7.5% RD interest rate on 2-year recurring deposits
One can open RD account at this small finance bank for 3 months, 6 months, 9 months, one year, two years, three years, 4 years, 5 years and more than 5 years to 10 years
RD calculator: At a time when return on bank deposits and popular small saving schemes are not been able to beat average inflation rate in India, some small finance banks (SFBs) are offering higher interest on term deposits, which may attract investors who don't want to take any risk on their investments. North East Small Finance Bank is one such SFB. It is offering recurring deposit interest rate or RD interest rate of 7.50 per cent on deposits for the tenure of two years. For senior citizens, it is offering an additional 50 bps more RD interest rate that means senior citizen RD interest rate for two years tenure at North East Small Finance Bank is 8 per cent.