Best Recurring Deposit rates · November 2026
The highest Recurring Deposit rates across India's banks, ranked. Amounts below ₹3 crore, general public.
Best Recurring Deposit rates (1 year)
Ranked across India's banks · Dataset refreshed 14 Nov 2026
| # | Bank | Rate | Applies to |
|---|---|---|---|
| 1 | The A.P. Vardhaman (Mahila) Co-operative Urban Bank Ltd.
Co-op  Telangana |
8.00% | 1 year to less than 3 years |
| 2 | Capital Small Finance Bank
Small Finance Chandigarh +7 states |
7.81% | 1 year |
| 3 | Rani Channamma Mahila Sahakari Bank Niyamit, Belagavi
Co-op Karnataka |
7.50% | 1 year |
| 4 | Sarvodaya Sahakari Bank Ltd.
Co-op Gujarat |
7.50% | 12 months |
| 5 | Tamil Nadu Industrial Co-operative Bank
Co-op Tamil Nadu |
7.50% | 1 year |
| 6 | Unity Small Finance Bank
Small Finance Nationwide |
7.50% | 12 months |
| 7 | Jana Small Finance Bank
Small Finance Nationwide |
7.30% | 12 months - 24 months |
| 8 | Central Co-operative Bank Sikar
Co-op Rajasthan |
7.25% | 1 year |
| 9 | Suryoday Small Finance Bank
Small Finance Gujarat +5 states |
7.25% | 1 year |
| 10 | Ujjivan Small Finance Bank
Small Finance Nationwide |
7.25% | 1 year to < 2 years |
| 11 | Equitas Small Finance Bank
Small Finance Andhra Pradesh +17 states |
7.10% | 1 year to 443 days |
| 12 | Kallappana Awade Ichalkaranji Janata Sahakari Bank Ltd.
Co-op Maharashtra |
7.10% | 12 months |
| 13 | SBM Bank (India) Ltd.
Foreign Maharashtra |
7.10% | 12 months |
| 14 | Andhra Pradesh Grameena Bank
Rural Andhra Pradesh |
7.00% | 1 year to < 2 years |
| 15 | Bandhan Bank
Private Nationwide |
7.00% | 1 year |
| 16 | Deutsche Bank India
Foreign Delhi +8 states |
7.00% | > 1 yr - 1.5 yrs |
| 17 | The Ankola Urban Co-operative Bank Ltd.
Co-op Karnataka |
7.00% | For 12 months (365 days) |
| 18 | The Banaskantha Mercantile Co-operative Bank Ltd.
Co-op Gujarat |
7.00% | 12 months to 36 months |
| 19 | RBL Bank
Private Nationwide |
6.90% | 365 days (12 months) to 500 days |
| 20 | Tamil Nadu Grama Bank
Rural Tamil Nadu |
6.85% | 1 year to less than 2 years |
| 21 | Jharkhand Rajya Gramin Bank
Rural Jharkhand |
6.80% | 1 year to less than 2 years |
| 22 | Panchmahals District Central Co-operative Bank
Co-op Gujarat |
6.80% | 12 to 24 months |
| 23 | Tamilnad Mercantile Bank
Private Nationwide |
6.80% | 1 year |
| 24 | The Kokan Mercantile Co-operative Bank Ltd.
Co-op Maharashtra |
6.80% | 1 year to less than 2 years |
| 25 | Assam Gramin Vikash Bank
Rural Assam |
6.78% | 1 year |
| 26 | Central Co-operative Bank Kota
Co-op Rajasthan |
6.75% | 1 year to 3 years |
| 27 | IndusInd Bank
Private Nationwide |
6.75% | 1 year to below 1 year 6 month |
| 28 | M. S. Co-operative Bank Ltd.
Co-op Gujarat |
6.75% | 1 year to 2 years |
| 29 | Madhya Pradesh Rajya Sahakari Bank Maryadit
Co-op Madhya Pradesh |
6.75% | 1 year to less than 3 years |
| 30 | Nagaland Rural Bank
Rural Nagaland |
6.75% | 1 year to less than 2 years |
| 31 | The Anand Mercantile Co-operative Bank Ltd.
Co-op Gujarat |
6.75% | 12 months and above up to 36 months |
| 32 | The Kalupur Commercial Co-operative Bank Ltd.
Co-op Gujarat +1 state |
6.75% | 1 year and up to 2 years |
| 33 | The Kasaragod Co-operative Town Bank Ltd.
Co-op Kerala |
6.75% | 12 month |
| 34 | Bank of India
Public Nationwide |
6.70% | Above 1 year to less than 2 years(Except 500 days) |
| 35 | Ajmer Central Co-operative Bank Ltd.
Co-op Rajasthan |
6.65% | 1 year to less than 2 years |
| 36 | City Union Bank
Private Nationwide |
6.65% | 365 days to 443 days |
| 37 | Puducherry Grama Bank
Rural Puducherry |
6.60% | 1 year to less than 2 years |
| 38 | Standard Chartered India
Foreign Andhra Pradesh +17 states |
6.60% | 1yr - 376days* |
| 39 | Bihar Gramin Bank
Rural Bihar |
6.55% | 1 year |
| 40 | Federal Bank
Private Nationwide |
6.55% | Above 1 year to less than 18 months |
| 41 | Jammu & Kashmir Bank
Private Nationwide |
6.55% | 1 year to less than 18 months |
| 42 | Jammu and Kashmir Grameen Bank
Rural Jammu and Kashmir |
6.55% | 1 year to less than 18 months |
| 43 | Karur Vysya Bank
Private Nationwide |
6.55% | 1 year to up to 399 days |
| 44 | Chhattisgarh Gramin Bank
Rural Chhattisgarh |
6.50% | 1 year to less than 2 years |
| 45 | IDFC First Bank
Private Nationwide |
6.50% | 1 year – 370 days |
| 46 | Indian Overseas Bank
Public Nationwide |
6.50% | 1 year |
| 47 | Janata Sahakari Bank Ltd., Pune
Co-op Maharashtra |
6.50% | 1 years to less than 2 years |
| 48 | Karnataka Bank
Private Nationwide |
6.50% | 1 year to less than 15 months |
| 49 | Karnataka Grameena Bank
Rural Karnataka |
6.50% | Above 1 year upto & inclusive 2 years |
| 50 | Kerala Gramin Bank
Rural Kerala |
6.50% | Above 1 year upto including 400 days |
| 51 | Maharashtra Gramin Bank
Rural Maharashtra |
6.50% | 1 year |
| 52 | Manipur Rural Bank
Rural Manipur |
6.50% | Above 1 year to less than 2 years |
| 53 | Meghalaya Rural Bank
Rural Meghalaya |
6.50% | more than 1year and less than 3 years |
| 54 | The Kapdawanj People's Co-Op. Bank Ltd.
Co-op Gujarat |
6.50% | 12 months to 60 months |
| 55 | Kotak Mahindra Bank
Private Nationwide |
6.45% | 365 days to less than 15 months |
| 56 | Telangana Grameena Bank
Rural Telangana |
6.45% | 1 year to less than 2 years |
| 57 | Bank of Maharashtra
Public Nationwide |
6.40% | 365 days/ One Year |
| 58 | Canara Bank
Public Nationwide |
6.40% | 1 year & above to 1 year 3 months Only (Except 444 days) |
| 59 | Himachal Pradesh Gramin Bank
Rural Himachal Pradesh |
6.40% | >1 year to 2 year |
| 60 | Mizoram Rural Bank
Rural Mizoram |
6.40% | 1 year to less than 2 years |
| 61 | Arunachal Pradesh Rural Bank
Rural Arunachal Pradesh |
6.35% | >1 year to <2 years |
| 62 | Gujarat Gramin Bank
Rural Gujarat |
6.35% | Above 1 year and up to 2 years |
| 63 | Rajasthan Gramin Bank
Rural Rajasthan |
6.35% | 1 year |
| 64 | Madhya Pradesh Gramin Bank
Rural Madhya Pradesh |
6.30% | 1 year |
| 65 | Axis Bank
Private Nationwide |
6.25% | 1 year – 1 year 10 days |
| 66 | Bank of Bahrain & Kuwait B.S.C. (India)
Foreign Maharashtra +2 states |
6.25% | 1 year |
| 67 | Bank of Baroda
Public Nationwide |
6.25% | 1 year |
| 68 | Dhanlaxmi Bank
Private Andhra Pradesh +15 states |
6.25% | 1 year and above up to & inclusive of 2 years |
| 69 | Haryana Gramin Bank
Rural Haryana |
6.25% | Over 1 year to 449 days |
| 70 | HDFC Bank
Private Nationwide |
6.25% | 1 year to < 15 months |
| 71 | ICICI Bank
Private Nationwide |
6.25% | 1 year to < 18 months |
| 72 | IDBI Bank
Private Nationwide |
6.25% | >1 year to 2 years (except 555 days & 700 days) |
| 73 | Kumbhi Kasari Sahakari Bank Ltd.
Co-op Maharashtra |
6.25% | Up to 1 year |
| 74 | Punjab National Bank
Public Nationwide |
6.25% | 1 year |
| 75 | State Bank of India
Public Nationwide |
6.25% | 1 year to less than 2 years |
| 76 | Uttarakhand Gramin Bank
Rural Uttarakhand |
6.25% | 1 year |
| 77 | Assam Co-operative Apex Bank
Co-op Assam |
6.20% | 1 year to less than 2 years |
| 78 | Union Bank of India
Public Nationwide |
6.20% | 1 year to 399 days |
| 79 | Central Bank of India
Public Nationwide |
6.10% | 1 year to less than 2 years |
| 80 | Indian Bank
Public Nationwide |
6.10% | 1 year |
| 81 | UCO Bank
Public Nationwide |
6.10% | 1 year |
| 82 | Odisha Grameen Bank
Rural Odisha |
6.05% | 1 year |
| 83 | Mysore Zilla Mahila Sahakara Bank Niyamitha
Co-op Karnataka |
6.00% | 1 year |
| 84 | Thane Bharat Sahakari Bank Ltd.
Co-op Maharashtra |
6.00% | 12 months (from "181 days to 1 year") |
| 85 | West Bengal Gramin Bank
Rural West Bengal |
6.00% | 1 year to 399 days |
| 86 | Bharati Sahakari Bank Ltd.
Co-op Maharashtra |
5.90% | 12 months and above |
| 87 | Punjab & Sind Bank
Public Nationwide |
5.85% | 1 year |
| 88 | Nagrik Sahakari Bank Ltd., Raipur
Co-op Chhattisgarh |
5.60% | 1 to 2 year |
| 89 | The Khamgaon Urban Co-operative Bank Ltd.
Co-op Maharashtra |
5.50% | 12 months (1 year) |
| 90 | Sarvodaya Nagarik Sahakari Bank Ltd.
Co-op Gujarat |
5.25% | 12 months |
| 91 | The Meghraj Nagarik Sahakari Bank Ltd.
Co-op Gujarat |
4.75% | 12 months |
| 92 | HSBC India
Foreign Andhra Pradesh +13 states |
4.00% | 365 days |
Best rate by tenure
Tap a tenure for the full ranking
A recurring deposit (RD) lets you invest a fixed amount every month for a set term at a rate locked in up front, ideal if you want to build savings steadily rather than park a lump sum. RD rates usually track a bank's FD rates for the same tenure, so the comparison below helps you find the most rewarding home for your monthly contribution. As of 14 Nov 2026, the highest rate we track is 8.50% at The A.P. Vardhaman (Mahila) Co-operative Urban Bank Ltd..
Because money goes in gradually, the effective return on an RD is a little lower than an FD at the same headline rate, but the discipline of a monthly commitment suits goal-based saving. All banks shown are RBI-licensed with DICGC cover up to ₹5 lakh. The list is ranked best-first; pick the tenure that matches your goal, or compare lump-sum options on the fixed deposit page.
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