Get up to 7.5% interest on recurring deposits with this SFB

TENURE                                                  Regular     Senior Citizen

3 Months                                                 4.25                  4.75

6 Months                                                 4.5                      5

9 Months                                                 5.5                      6

1 Year                                                       5.5                      6

2 Years                                                     7.5                      8

3 Years                                                      7                       7.5

4 Years                                                      7                       7.5

5 Years                                                     6.5                      7

More than 5 years and up to 10 years      6.5                       7

The rates are applicable for RDs of less than Rs 2 crore.

Individuals can open an RD account at the North East Small Finance Bank for as short a tenure as 3 months. The scheme offers investors with tenure options of 6 months, 9 months, one year, two years, three years, 4 years, 5 years and between 5 and to 10 years. However, the highest amount of interest one can earn is by investing in an RD account for a tenure of two years.