RD Calculator with the Highest Bank Interest Rates in India 2025

What Are the Best RD Interest Rates in Indian Banks (2025)?

Here are some of the highest recurring deposit interest rates being offered by banks in India in 2025:

• Federal Bank, IndusInd Bank, Equitas Small Finance Bank, and ESAF Small Finance Bank are among banks offering RD rates up to ~ 8.50% p.a. for senior citizens.

• Axis Bank RD rates are around 6.25% to 7.10% depending on tenure.

• Major banks like SBI, HDFC, and ICICI offer general RD rates in the 6.00% to ~7.25% range for standard customers; higher for senior citizens.

How to Use the RD Calculator to Compare Banks

1. Choose the amount you plan to deposit monthly.
   
   

2. Select the tenure (for example: 6 months, 1 year, 2 years, 5 years).
   
   

3. Check if you qualify as a senior citizen (higher rates often apply).
   
   

4. Input the bank’s RD rate (from the list above or the current bank’s website).
   
   

5. Get expected maturity amount + interest earned.
   
   

Using our free RD calculator simplifies this → go to our free tool – RD Calculator to instantly compute your RD returns.

Bank-Wise Comparison: Key Features & Rates

Here are more details—for the general public & senior citizens—for some top banks:

• Yes Bank: ~ 7.25% to 8.00% p.a. for the general public, higher for senior citizens. 

• Bandhan Bank: ~ 7.85% for the general public, ~8.35% for senior citizens.

• IndusInd Bank: ~ ≈ 8.25% in some senior citizen slabs.

• HDFC Bank: RD rates vary; check the bank’s official rate page; generally ~ 7.00–7.60% depending on tenure & customer type. 

Are There Extra Rates for Senior Citizens?

Yes. Several banks offer enhanced RD rates for senior citizens (60+ years).

• The difference is usually 0.25% to 1.00% extra p.a., depending on the bank and tenure. 

• Always verify age proof requirements with the bank.
  
  

Pros & Cons of Recurring Deposits

Advantages:

• Guaranteed returns regardless of market conditions
  
  

• Low risk, especially with scheduled, monthly contributions
  
  

• Good option for disciplined savers
  
  

Limitations:

• Interest rates are fixed; if market rates rise sharply, you’re locked in at lower rates until maturity
  
  

• Penalties for missed installments or premature closure
  
  

• Returns can be modest compared to riskier instruments
  
  

To get the best returns on your recurring deposit in India in 2025:

• Use the RD Calculator to compare how much you’ll earn across banks.
  
  

• For senior citizens, choose banks that offer enhanced RD rates.
  
  

• Keep an eye on interest rate changes (banks often revise).
  
  

• Match your tenure and deposit amount with your cash flow needs.
  
  

If you want an instant comparison and maturity estimate, go to our free tool – RD Calculator and see which bank & tenure gives you the best return.

FAQs – RD Calculator & Rates

Q1: What is an RD Calculator?
An RD Calculator helps you compute how much your investment will grow when you deposit a fixed amount monthly at a fixed interest rate over a fixed tenure.

Q2: Which bank has the highest RD interest rate in India right now?
Banks like Federal, ESAF, Equitas SFB, and IndusInd are showing top RD rates ~ 8.25–8.50% for senior citizens. For general customers, Yes Bank, Bandhan Bank rates are among the highest, ~ 7.80–8.00%.

Q3: How much more do senior citizens earn with RD?
Typically 0.25%–1.00% extra p.a., depending on bank and tenure. Always check the bank’s specific slab.

Q4: Can I use one RD calculator for all banks?
Yes. The calculation is the same. Just plug in the appropriate interest rate, tenure, and monthly deposit to see returns. Use our free RD calculator → [RD Calculator].

Q5: Is it better to choose a shorter or longer tenure for RD?
Longer tenures often give slightly higher interest, but locking in means less flexibility. If you expect rates to go up, a shorter tenure RD or stepping might help.