RBL Bank Vijay Fixed Deposits: On the occasion of Independence Day (15 August), RBL Bank has introduced a better FD option for investors. The bank has named the safe investment option Vijay Fixed Deposits. Investors are getting better returns in this scheme dedicated to the courage and sacrifice of brave soldiers. Vijay Fixed Deposit Scheme will be available for a limited period. An amount of less than Rs 3 crore can be deposited in Vijay FD Scheme, which has been prepared keeping investors in mind. This scheme will mature in 500 days. If the need for funds arises, investors will be able to withdraw even before maturity.
How much interest is being received on Vijay FD
There is a great opportunity for investors who want to earn good money on FD. They can earn returns ranging from 8.1% to 8.85% by keeping money in RBL Bank’s Vijay Fixed Deposit Scheme for less than 17 months. In Vijay FD, common people i.e. people below 60 years of age are getting interest at the rate of 8.1%. Senior citizens are being given 8.60% return on this scheme. On the other hand, super senior citizens i.e. investors above 80 years of age are getting the highest interest rate of 8.85%.
Also read: SSY: You will get 3 times return on whatever you invest in 15 years, you will get 200% profit in Sukanya Samriddhi Scheme
You can book like this
Investing in Vijay Fixed Deposit Scheme is very easy. Investors can book this scheme in two ways. Investors can book Vijay Fixed Deposit Scheme with 500 days tenure through RBL Bank’s mobile app (RBL Bank MoBank app) from home or can also open it by visiting the nearest branch of the bank.
There are many FD options available in the bank with different tenures. Investors can earn good returns on FDs by investing in these schemes. You can check the details here about how much return is being received on FDs of which tenure in RBL Bank.
| Tenure | Interest Rate (%) | Interest Rate (%) |
| Age group below 60 years | Senior Citizen | |
| 7 days to 14 days | 3.50% | 4.00% |
| 15 days to 45 days | 4.00% | 4.50% |
| 46 days to 90 days | 4.50% | 5.00% |
| 91 days to 180 days | 4.75% | 5.25% |
| 181 days to 240 days | 5.50% | 6.00% |
| 241 days to 364 days | 6.05% | 6.55% |
| 365 days to 452 days (12 months to less than 15 months) | 7.50% | 8.00% |
| 453 days to 499 days (15 months to 16 months 14 days) | 7.80% | 8.30% |
| 500 days | 8.10%Highest | 8.60%Highest |
| 501 days to 545 days (16 months 16 days to less than 18 months) | 7.80% | 8.30% |
| 546 days to 24 months (18 months to 24 months) | 8.00% | 8.50% |
| 24 months 1 day to 36 months | 7.50% | 8.00% |
| 36 months 1 day to 60 months 1 day | 7.10% | 7.60% |
| 60 months 2 days to 120 months | 7.00% | 7.50% |
| Tax Savings Fixed Deposits (60 months) | 7.10% | 7.60% |
