#1
January 18th, 2016, 02:11 PM
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The Ratnakar bank tax saver FD
Hello sir I want to know about the Fixed Deposit schemes of RBL so please provide me information about the same.
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#2
January 18th, 2016, 02:57 PM
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Re: The Ratnakar bank tax saver FD
An array of fixed deposit schemes is offered by RBL Bank. These deposits are tailored to cater to your various financial needs. Different Fixed Deposit schemes offered by RBL Bank 1. Regular Fixed Deposits Deposit tenor ranges from 7 days to 10 years. Partial or full pre-mature withdrawal is allowed on these deposits. 2. Tax Savings Fixed Deposits As the name suggests, these are deposits for tenors of more than 5 years. Avail these deposits to earn income tax rebates. 3. Senior Citizen Fixed Deposits Avail an additional 0.5% interest p.a. with the senior citizen fixed deposit scheme. This scheme is intended for individuals above 60 years of age. 4. Flexi-Sure Fixed Deposits Whenever there is shortage of cash in your savings or current account, the deposit is partially broken to meet the lack while the remaining part continues to earn interest. Key features of Fixed Deposits by RBL Bank Here are a few main features of RBL Bank fixed deposits are listed here: Additional 0.50% over and above the regular rate, for Senior Citizens Overdraft facility is offered with deposit schemes Loan against fixed deposit for 90% of fixed deposit amount Option to link your savings or current account with your FD account for liquidity RBL Bank specialisation Retail Banking Corporate Banking Agriculture and Development Banking Commercial Banking Financial Markets |