RBL Fixed Deposit(FD) Calculator
How to Use Paisabazaar’s RBL Bank FD Calculator
Outlined below are the steps to use Paisabazaar’s FD Calculator:
- Enter the desired deposit amount. RBL Bank allows to open FDs for as low as Rs 1000.
- Enter the preferred tenure (years/days) and RBL Bank FD rates
- Click the ‘Calculate’ button
- Now you can instantly view the FD interest amount, the principal amount and maturity value.
The FD Calculator allows for a thorough comparison of returns across varying deposit amounts, FD rates and tenures offered by other banks/NBFCs. This enables individuals to make well-informed decisions based on their cash flows, financial goals and liquidity requirements before opening for a fixed deposit account with RBL Bank. Moreover, it simplifies the process of identifying the bank/NBFC providing a higher FD interest rate over a specific tenure.
RBL Bank FD Calculator – Factors Determining Your FD Maturity Amount
The tenure, fixed deposit interest rates, principal amount and the interest pay out frequency are some parameters that determine FD maturity amount.
Stated below are the tenure and minimum deposit amount for different types of RBL Bank FDs:
| Type of Fixed Deposits | Minimum FD Amount | Tenure |
| Regular Fixed Deposits | Rs 5,000 | 7 days to 10 years |
| Tax Savings Fixed Deposits
|
Rs 100 | 5 years |
| Digital Fixed Deposit | Rs 5,000 (for existing customers);
Rs 10,000 (for new customers) |
7 days to 10 years |
| Flexi Sure Fixed Deposits | Rs 5,000 | 7 days to 10 years |
| Smart Deposit | Rs 1,000 | 6 months to 5 years |
| Senior Citizen Fixed Deposits | Rs 5,000 | 7 days to 10 years |
| Super Senior Citizen Fixed Deposits | Rs 5,000 | 7 days to 10 years |
RBL Bank offers quarterly and monthly interest pay-out and re-investment option. The quarterly and monthly interest pay-out option is well-suited for individuals seeking fixed quarterly or monthly income to meet their day-to-day expenses. The cumulative FD i.e., re-investment option wherein the interest component is added to the principal amount for further interest calculations. This enables accountholders to earn interest on both the principal and interest component and thereby, help them benefit from the power of compounding.
The deposit maturity amount also depends on whether the accountholder is a non-senior citizen, senior citizen (aged 60 years and above) or super senior citizen (80 years and above). RBL Bank offers additional interest rates of 0.50% p.a. and 0.25% p.a. on regular rates to senior citizen FD depositors and super senior depositors, respectively.
RBL Bank FD Interest Rates on Domestic Deposits of below Rs 2 crore w.e.f. 15 Dec 2024
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 to 14 days | 3.50 | 4.00 |
| 15 to 45 days | 4.00 | 4.50 |
| 46 to 90 days | 4.50 | 5.00 |
| 91 to 180 days | 4.75 | 5.25 |
| 181 to 240 days | 5.50 | 6.00 |
| 241 to 364 days | 6.05 | 6.55 |
| 12 months to less than 15 months | 7.50 | 8.00 |
| 15 months to 16 months 14 days | 7.80 | 8.30 |
| 500 days | 8.00 | 8.50 |
| 16 months 16 days to less than 18 months | 7.80 | 8.30 |
| 18 months to 24 months | 7.80 | 8.30 |
| 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 |
Interest Rates updated as of 23 January 2025
RBL Bank FD Calculator – Benefits
Stated below are some of the benefits of using the online fixed deposit calculator:
- The calculator helps to plan finances, as the deposit maturity amount and the interest earned is known beforehand.
- Its automated process eliminates the need for manual calculations, saving time and ensuring precise estimations of FD returns with a simple click.
- This free online tool streamlines FD interest calculations, making it effortless to choose the ideal tenure and deposit amount that provide the user with the required maturity amount for fixed deposit.