Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Miscellaneous
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
sbi recurring deposit interest rate
In Miscellaneous  -  Asked by gdfg -  6 years ago

Best Answer:
On Recurring deposit bank offers high rates of interest applicable to Term Deposits alongwith liquidity to access that savings any time.So set aside a small amount every month and earn at compounded rates of interest. You get
# Flexibility in period of deposit with maturity ranging from 12 months to 120 months.
# Low minimum monthly deposit amount.
# You can start a Recurring Deposit with SBI for a monthly instalment of Rs.100/- only.
You can avail a loan/overdraft against your deposit.SBI provides you loan / overdraft upto 90% of your deposit amount at nominal cost.So you continue to earn interest in your deposit and still can meet your urgent financial requirements.
6 years ago - By Somu

Other Answers (2)
show:
Answer 1.
I have got recurring deposit account for my younger brother so that he gets a habit of saving money.
6 years ago - By Shanti
Answer 2.
Recurring deposit is also best investment option for those you cannot invest large amount. In this you can save small amount of every month and earn interest as on fixed deposit. This helps in developing saving habits also you get a big amount of money which you have saved in your financial need.
6 years ago - By Yash
Answer: Open Questions RSS
RTI on Domestic Incident Report (9873540498) by NRI Helpline for Men
Bommanahalli ℂall ℊiℝls Sunny 9986878350 ℂall ℊiℝl in Bangalore Escoℝts agency
Bommanahalli ℂall ℊiℝls Rafan 9535043211 ℂall ℊiℝl in Bangalore Escoℝts agency
Bommanahalli ℂall ℊiℝls Rafan 7337733614 ℂall ℊiℝl in Bangalore Escoℝts agency
Bommanahalli ℂall ℊiℝls Salim 7337733612 ℂall ℊiℝl in Bangalore Escoℝts agency
View All
Discover: Resolved Questions RSS
ESCORTS SERVICES SWARGATE KATRAJ CA-LLG.IRLS CALL MR.RAJ +91-9096655551 BALAJI NAGAR ESCORTS
ℰScoRTs in Balaji nagar +91-9168339967 secure hi profile attractive ca-ll g.irls at affordable price
Is Man cell delhi headed by Atur Chatur @ 9873540498 ? Is http://manhelpdelhi.blogspot.com working?
katraj Caℓℓ Girℓs ❝Ó9975955052❞ // ❝Ó7745883555❞ Katraj ℰscℴrts Sℰℛvicℰ,Swargate Caℓℓ Girℓs call !!!
Is Man Cell Delhi by Atur Chatur Counselling effective in winning the heart of Delhite Men Victms ??
View All
Vote: Undecided Questions
No question found.
COMPARE RATES
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
COMPARE QUICKLY
 Select a product:
 

CALCULATORS
More Calculators...
CALCULATE QUICKLY
 Select a product:
 

NEWS THIS WEEK
UFBU announced 2 days strike of bank Jan 28, 2014
SBH bank to add more branches in AP Nov 14, 2014
Canara bank launched scholarship Scheme Feb 13, 2015
First union territory to get total fin inclusion: Puducherry Nov 23, 2011
Federal Bank reduces its base rate by 25 bps Feb 22, 2013
News Archive
EDITORS' PICKS
Must have add-ons for luxury car insurance
Some New Ways to Save on Your Car...
A general guide to Auto Insurance
All about Vintage/Classic car insurance in...
An insight into two wheeler insurance