Savings on Credit Card

Digital Savings Account

GO Account

Regular

Woman’s First Savings Account

RBL Bank provides a secure investment option through fixed deposit accounts that offer the best FD interest rates in India. Profitable returns and flexible payouts are some of the benefits of investing in FDs

Open 0 balance Go Digital Savings Account online. Get free Joining voucher worth up to ₹1500 and Enjoy higher interest rate. Subscribe at just ₹1999.

Open RBL Bank’s 0 Balance Go Digital Savings Account

Experience hassle-free banking with RBL Bank! Open your Digital Savings Account online in just a few easy steps & enjoy attractive interest rates, free transactions & numerous benefits.

Open Instant Digital Savings Account in Few Easy Steps

Open RBL Bank’s Women’s Savings Account and get exclusive woman’s first debit card and vouchers worth ₹2,500. Enjoy best shopping offers with the savings account for ladies.

Open RBL Bank’s Women’s Savings Account for exclusive benefits.

Bank Fixed Deposits and Corporate Fixed Deposits: Major Advantages and Differences

RBL Bank's Digital FD is a standalone product, which means you do not need to hold a savings account or have an existing relationship with RBL Bank to invest. Now, opening an FD online can be done in just a matter of minutes, giving you ample time to enjoy a cup of coffee while you secure your financial future! Convenience Opening an FD has never been easier! With just a mobile phone and your Aadhaar and Permanent Account Number (PAN) card details, you can open an FD from anywhere and anytime. The process of opening FD is just a cakewalk because it’s a simple three-step process: Enter your PAN and Aadhaar card details, complete a quick Video Know Your Customer (KYC) process, and fund your FD. That’s it! Also, with the entire process being paperless, opening an FD has never been more hassle-free! Use the FD calculator to calculate your returns When it comes to investing, we all want to know exactly how much we will earn over a given period. Fortunately, the FD calculator is here to help! Simply enter the investment amount and tenor of the FD, then choose the mode of FD either cumulative or non-cumulative in the calculator, and voila! You'll instantly get a clear picture of the returns you can expect. With this user-friendly tool, you can easily access all the information you need to make informed investment decisions. Save time by opting for Express FD Selecting the right tenor and interest rate for your FD is a crucial decision that requires expert guidance. Luckily, RBL Bank's Express FDs are here to help you make the best choice! These recommended FDs come prefilled with the best interest rate and tenor, making it easy for you to choose the perfect option with just one click. With RBL Bank's Express FDs, now you can be assured of better returns on your investment, giving you peace of mind and financial security. Save tax on FD returns Yes, absolutely you can choose Tax saver FD of RBL Bank to save taxes on returns of FD under Section 80C of Income Tax (IT) Act 1961. With RBL Bank Tax saver FD you can save taxes up to ₹1.5 lakhs p.a. The only condition is your FD will be locked for 5 years so that you can’t withdraw your FD prematurely. But in return, you'll enjoy the benefits of tax savings on your returns. Do you want to improve your Credit Score? Don’t worry! Your FD helps you. One way to benefit from your FD is by availing of a Credit Card against FD, which provides a credit card with a limit of up to 90% of your FD and can be obtained with minimal documentation. This credit card can help you improve your credit score. Alternatively, you can also opt for an overdraft facility against your FD, which provides the same limit of up to 90%. Conclusion RBL Bank Digital FD is extremely convenient to open and supplies plenty of added benefits for your financial and investment planning. With this Digital FD, you can enjoy the convenience of online banking while also ensuring the safety and security of your funds.

Fixed Deposit

Have you ever wondered how easy it is to open a Fixed Deposit online?

Advantages of opening the Digital Fixed Deposit

Have you ever wondered how easy it is to open a Fixed Deposit online? Well! As we all know Fixed Deposit (FD) is one of the safest investments to grow our savings. Now it’s much easier to open an FD with minimal documentation.

What is a Fixed Deposit? Know the meaning & features of FD 

High and stable interest rates Consider a marathon race where the runners have to maintain a steady pace to reach the finish line. Similarly, FD offers a fixed interest rate for a specific duration of the deposit, providing a consistent return on investment. Unlike other investment options, fluctuations in the broader market do not affect the interest rates of Fixed Deposits. RBL Bank offers attractive <a href='https://www.rblbank.com/interest-rates/fd-rates' target='_blank'> interest rates on FD </a>, making them a competitive investment option. Safe and flexible investment Is FD a flexible investment option? Yes, Fixed Deposit is a flexible investment option. You can choose to invest in an FD for a duration ranging from 7 days to 20 years. Additionally, you can receive interest payouts monthly, quarterly, or half-yearly as per your requirement, or you can opt for cumulative interest, where your investment will be compounded with interest. Also, Fixed Deposit guarantees both your investment and interest and with an FD calculator, you can calculate your returns in advance. Overdraft (OD)/Credit Card against FD Let’s assume you have invested ₹5 lakhs in RBL Bank's Digital Fixed Deposit for a 5-year tenure, and after one year, you urgently need money for an emergency. Imagine how convenient it would be if you could access funds without breaking your FD and with a lower interest rate. Well, now you can do exactly that by taking collateral credit against your Fixed Deposit. RBL Bank allows you to avail Overdraft or Credit Card against your deposits, enabling you to avoid the penalty of premature withdrawal. You can get up to 90% of your Fixed Deposit as an overdraft or Credit Card limit from RBL Bank. Tax saver FD Well, we all know that every source of our income is taxable. But with Tax saver FD you can save tax up to ₹1.5 lakhs p.a. under Section 80C of the Income Tax Act, 1961. The only condition is that you cannot withdraw your FD prematurely. Opening FD with RBL Bank Opening a Digital Fixed Deposit with RBL Bank is an effortless and eco-friendly process, as it does not involve any paperwork. You only need Permanent Account Number (PAN) and Aadhaar card details. To easily open your Digital FD, just visit the RBL Bank website. There are only 3 simple steps in the Digital FD journey with RBL Bank 1. Provide PAN and Aadhaar card details 2. Complete Video KYC 3. Fund your FD Provide PAN and Aadhaar card details It’s mandatory to complete Know Your Customer (KYC) to open an FD. In the KYC process your mobile number, Aadhaar and PAN card details will be verified. Further, you need to supply your personal details and nominee details. Complete Video KYC The next step is to complete full KYC or Video KYC. Video KYC is an audio-visual interaction. In which a representative from RBL Bank will verify and capture your PAN card and signature. Fund your FD The last step is to fund your FD. You can transfer money from any of your existing bank accounts through UPI, Debit Card, and Net banking. Once you fund your FD, just relax, and track your earnings whenever you want, through our MoBank App. Conclusion Considering all these benefits, and the current market scenario, investing in FD is an intelligent decision and it will be a stable and safest investment in your portfolio.

Have you ever wondered why Fixed Deposits (FDs) are India’s most favourite investment? What is so special about FDs?

Types of Fixed Deposits: How to Choose the Right FD | RBL Bank

Have you ever wondered why Fixed Deposits (FDs) are India’s most favourite investment? What is so special about FDs? Yes! In India, ₹99 trillion is invested in Fixed Deposits. This is the highest value of all the available investment options in the market. Safety and assured returns are two driving factors for FD investment. Fixed Deposits are financial instruments offered by banks and non-banking financial organizations.

Fixed Deposits: Ideal Investment Options for Beginners

A Digital Savings Account comes with its fair share of features and benefits. The only documents required for opening a Digital Savings Account are your Aadhaar and Permanent Account Number (PAN) card. RBL Bank’s Digital Savings Account offers a higher savings account interest and provides a paperless banking experience to its customer. Let’s find out how to open a Digital Savings Account online with RBL Bank. How to open a Digital Savings Account? You can either visit RBL Bank’s website or download the RBL MoBank App. After that, just follow 3 simple steps to open a Digital Savings Account within a few minutes. 1. Provide your PAN and Aadhaar card details 2. Complete Video KYC 3. Fund your account What is Video KYC (Know Your Customer) Video Know Your Customer (VKYC) is an audio-visual interaction. In which a representative from RBL Bank will verify and capture your PAN card and signature. It will take a few minutes only. Now, you are all set! It is that simple and hassle-free to open a Digital Savings Account with RBL Bank. You need to maintain a monthly balance of ₹5,000 in your Digital Savings Account and it will be ₹10,000 in case you have opened Woman’s First Savings Account. You can also make your Prime Savings Account a zero-balance account. To convert into Zero Balance Account, create a Systematic Investment Plan (SIP) or Recurring Deposit (RD) of a minimum ₹2,000 or more. But why you should prefer Digital Savings Account instead of a regular savings account? <ul style='list-style-type : disc; padding-left: 30px;'><li>Easy transfer of funds: Real-Time Gross Settlement (RTGS) is used for transferring large funds, such as over ₹2 lakhs. The fastest way is Immediate Payment Service (IMPS), where money can be transferred all seven days of the week, anytime and, even on holidays. Another alternative is National Electronic Fund Transfer (NEFT), which is available 24x7. </li><li>Virtual debit card: You will get a virtual debit card after opening a Digital Savings Account. Using this card you can scan and pay, shop online, or transfer money. </li><li>Bill pay: The bill payment facility through our Digital Savings Account makes it easy and quick for you to pay all your bills, such as electricity, landline, gas, etc. </li><li>Secure banking: The customer’s primary concern is always secure banking. RBL Bank Digital Savings Account takes several safety measures. A few such examples are two-factor authentication and industry-standard encryption methods to ensure that only you can access your account. </li></ul>Once you open your Digital Savings Account, download RBL MoBank App. With RBL MoBank App, make your day-to-day banking transactions simpler and safer from the comfort of your home. Steps to register on RBL MoBank App Step 1 – Visit Google Play Store or iOS App Store to download the App Step 2 – Open the App and register using your preferred mode Step 3 – Verify with OTP and start using the App Conclusion Since online banking is now an integral part of the 21st century, having a Digital Savings Account makes you future-ready. It is a paperless, fast and, reliable alternative to traditional banking. Digitalization has made banking hassle-free by eliminating the troublesome routine of waiting for a bank statement or updating a passbook. The benefits of having a Digital Savings Account include instant cash-back offers, coupons and, discounts for various online transactions benefits.

Savings Account

Digitalization has allowed the world to shift all kinds of financial transactions online. It also means you no longer need to go to the bank to open a savings account.

Why Investment in Fixed Deposits is Good Option For Beginners - RBL Bank

Digitalization has allowed the world to shift all kinds of financial transactions online. It also means you no longer need to go to the bank to open a savings account. Now, you have the convenience of opening a Digital Savings Account from your home, making it one of the fastest and most hassle-free methods of opening a savings account.

How much money should you have in your savings account? The amount of money you keep in your savings account will depend on various factors: The Minimum balance requirement To maintain a savings account with RBL Bank, you are required to maintain a minimum average balance of ₹5,000 per month while the Women's First Savings Account requires a monthly average balance of ₹10,000. However, with the Prime Savings Account, you can convert it to a Zero-Balance Account, eliminating the need for a minimum average balance. To convert to Zero Balance Account, create a Systematic Investment Plan (SIP) or Recurring Deposit (RD) of a minimum ₹2,000 or more. It is important to ensure that the amount you keep in your savings account covers the minimum average balance required. Your Expenses A savings account is a useful tool for conducting regular transactions and payments. In some cases, banks may require you to open a bank account online or visit a physical branch when you take out a loan to debit your monthly instalments. It is important to maintain a sufficient balance in your account to cover loan instalments and credit card payments, monthly payments, and other expenses. Liquidity The savings account also helps you save money. RBL Bank offers a high-interest savings account that will help you save and earn higher returns. Your savings account should have sufficient funds to cater to your expenses and still provide you with enough liquidity to meet unforeseen expenditures or some emergency without liquidating an investment. Conclusion RBL Bank savings accounts offer many advantages and serve as the initial step toward investments. You can use them to keep the money for the short term, pay your bills and Equated Monthly Instalments (EMIs), or use it at will from anywhere. They are necessary to receive certain government benefits, invest money or receive funds when liquidating your investments. Maintaining the optimum balance in your savings account can help you utilise them well without compromising on the potential returns. Open a high-interest savings account with RBL Bank, considering your requirements and the facilities they offer. Make sure you maintain the minimum required balance so that you do not have to pay any penalty, but at the same time, ensure that your money does not lie idle.

Savings bank accounts provide numerous benefits such as quick financial transactions and the ability to save money for unexpected situations. RBL Bank offers various types of savings accounts, including a Digital Savings Account that can be easily opened online. However, what is the appropriate amount of money that should be kept in a savings account? Keep reading to learn more.

Savings bank accounts provide numerous benefits such as quick financial transactions and the ability to save money for unexpected situations. RBL Bank offers various types of savings accounts, including a Digital Savings Account that can be easily opened online. However, what is the appropriate amount of money that should be kept in a savings account? Keep reading to learn more.

DigiSaver Account

Go Account

Women Account

Hospicash

Medical

Cyber_Insurance

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Choose Multiple Products like Premium Debit Cards with RBL Savings Account

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I highly recommend Digital Savings Account of RBL Bank, offers tailored professional services and smooth onboarding experience with less paperwork

RBL Bank helped me to open a digital savings account without any paperwork. Now I am using all the banking services of RBL Bank without any hassle

I am using RBL Bank Digital Savings Account for the last one year. Happy to say that each transaction is safe and always secure

Opted for Express FD, providing with one of the highest interest rates in the market.

I opted for a Digital FD as a non-savings account holder with RBL Bank. Thanks to RBL Bank for a smooth online journey from KYC to funding FD.

Digital FD with RBL Bank offered me a greater rate of interest. Opened a savings account with a few clicks and surprised with the offers on debit cards.

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