At Labh Bank, our Recurring Deposit helps you build savings through disciplined monthly contributions while earning attractive returns. With recurring deposit interest rates of *up to 8.25% p.a. **, your regular investments grow steadily over time.
Recurring Deposit interest is calculated over the selected tenure and paid on maturity, offering predictable and stable returns. Our simple and transparent process makes opening a Recurring Deposit easy and stress-free.
Open your Recurring Deposit with a simple and hassle-free process. Choose your monthly deposit amount, select the tenure, confirm the details, and build your savings systematically.
Earn attractive interest rates of *up to 8.25% p.a. ** with safety and stability. Recurring Deposits are ideal for disciplined savers seeking assured returns.
Select a tenure that aligns with your savings goals and receive the accumulated amount at maturity as per bank policy.
Enjoy flexibility with premature closure options as per applicable bank terms and conditions.
All Recurring Deposits are opened following complete KYC norms, ensuring transparency and security for your investment.
Start your Recurring Deposit with a low monthly contribution, making it easy to develop a regular savings habit.
*Interest rates are subject to change from time to time as per bank policy and applicable regulations. Other T&Cs apply.
| FD Tenure Bucket | 10,000-59,999 | 60,000-1,09,999 | 110,000- < |
|---|---|---|---|
| 2 years to 3 Years | 7.26% | 7.36% | 7.46% |
| 3 years to 5 Years | 7.54% | 7.64% | 7.74% |
| 5 years to 7 Years | 8.01% | 8.11% | 8.21% |
| 7 Years to < | 8.25% | 8.35% | 8.45% |
Total Maturity Amount (Principle + Interest)
Total Interest Earned
To open a Recurring Deposit with Labh Bank, customers are required to submit the following documents as per KYC guidelines: