60,000
Emergency
Fund
Vehicle
Vacation
Gadgets
Wealth
Set Multiple Financial Goals
No savings account required
Set Mandate from any bank account
UtkarshSmart e-RD Calculator
Deposit Amount
Interest Earned
|
Deposit Amount 50,000 |
Interest Earned 3,026 |
|
Maturity Amount 53,026 |
Maturity Date 15 Oct 2025 |
|
Interest Rate 10.99% p.a. |
 |
|
(Indicative interest rates for calculation only. click here for latest rates.) |
|
Plan your Goals, save with us!
Key Features of Utkarsh Smart e-RD
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
Start saving without a Savings Account
Save easily with Utkarsh Digital RD - set your amount and frequency.
Set Mandate via UPI AutoPay
Link your RD to any bank via UPI autopay for automatic, seamless payments on your chosen date.
Multiple Goals
Set multiple financial goals with no extra cost.
Start Investing with a Low Amount
Minimum 1,000, and there after multiples of 1,000
Attractive Interest Rate @ 8%
Earn up to 8% interest per annum with safety & stability. Additionally, senior citizens get an extra 0.5% interest per annum.
Book Your RD Instantly
Open RD in just 4 easy steps and complete your V-KYC effortlessly from home and watch your money grow with ease!
You are eligible for Utkarsh Smart e-RD Account if you belong to the following categories:
- • Individual Resident of India
- • Minimum 18 years of Age
Kindly visit your nearest Utkarsh Small Finance Bank Branch to open a Recurring Deposit Account.
Document Required
Aadhaar Card
PAN Card
White Paper & Black Pen
Document Required
Aadhaar Card
PAN Card
White Paper & Black Pen
Interest Rate (% p.a) - W.E.F June 07, 2024
| Tenure (in months) | General Customer | Senior Citizens |
|---|---|---|
| Upto 6 months | 6.50% p.a. | 7.00% p.a. |
| 9 months | 6.50% p.a. | 7.00% p.a. |
| 12 months | 6.75% p.a. | 7.25% p.a. |
| 15 months | 7.00% p.a. | 7.50% p.a. |
| 18 months | 7.25% p.a. | 7.75% p.a. |
| 21 months | 7.50% p.a. | 8.00% p.a. |
| Above 21 months to less than 24 months | 7.50% p.a. | 8.00% p.a. |
| 24 months to 36 months | 8.00% p.a. | 8.50% p.a. |
| Above 3 years to 5 years | 6.75% p.a. | 7.25% p.a. |
| Above 5 years to 10 years | 6.75% p.a. | 7.25% p.a. |
For updated interest rates on Recurring Deposits, please click here.
Apply for a new-age banking now and reap the benefits!
Steps to open your Utkarsh Smart e-RD
1
Complete Your KYC
2
Create Your Utkarsh Smart e-RD
3
Set Recurring Mandate & Submit Personal & Nominee details
4
Receive RD receipt and maximize your returns!
Deposit is secured under Provisions of "The Deposit Insurance and Credit Guarantee Corporation Act, 1961" (DICGC Act).
The DICGC General Regulations, 1961 framed by the RBI in exercise of the powers conferred by sub-section (3) of Section 50 of the said Act.
Utkarsh Small Finance Bank's Recurring Deposit is a 100% safe and convenient way to see your savings grow.
Loan calculator
Deposit Amount
Interest Earned
|
Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
|
(Indicative interest rates for calculation only. click here for latest rates.) |
|
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Contact
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