RD Interest Rates — All Banks 2026
| Bank | 1 Year Rate | 3 Year Rate | 5 Year Rate | Senior Citizen |
|---|---|---|---|---|
| SBI RD | 6.80% | 6.80% | 6.50% | +0.50% |
| HDFC Bank RD | 7.00% | 7.00% | 7.00% | +0.25% |
| ICICI Bank RD | 7.00% | 7.00% | 7.00% | +0.25% |
| Post Office RD | 6.70% | 6.70% | 6.70% | Same rate |
| Axis Bank RD | 7.10% | 7.10% | 7.10% | +0.25% |
Advertisement · Google AdSense
Frequently Asked Questions
Is RD interest taxable? +
Yes, RD interest is fully taxable as per your income slab. TDS is deducted at 10% if total interest from RD exceeds ₹40,000/year (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below taxable limit.
Can I break RD before maturity? +
Yes, premature closure is allowed after minimum 3 months. Penalty: 1-2% reduction in applicable interest rate. Post Office RD: penalty of 2% on maturity amount if broken before maturity. Online RD can be closed instantly via net banking.
🧮 Related Calculators
📅 Last Updated: June 2026✅ RBI Verified⭐ 4.8/5 · 10,000+ users