Shivalik Bank Recurring Deposit Interest Rates

Shivalik Small Finance Bank Recurring Deposits offer a simple and reliable way to grow your savings through regular monthly investments. With competitive interest rates for both general and senior citizens and flexible tenure options, Shivalik SFB RDs are suitable for individuals looking for stable, risk-free returns. Continue reading to learn about the latest Shivalik Small Finance Bank RD interest rates 2026.

Shivalik Small Finance Bank RD Interest Rates

The Shivalik Bank offers recurring deposits for both general and senior citizens. The table below highlights the annual interest rates of Shivalik Bank recurring deposits: 

Shivalik Small Finance Bank RD Features and Benefits

Here are some of the essential features that you may get while investing in Shivalik Bank Recurring Deposit:

• Attractive Interest Rates: Shivalik Small Finance Bank offers competitive RD interest rates ranging from 6.00% to 7.50% helping your savings grow steadily over time. Senior citizens often receive an additional 0.50% interest benefit.
• Flexible Tenure Options: RDs at Shivalik SFB can be opened for a range of tenures from 6 months to 60 months allowing you to choose a tenure that best fits your financial goals.
• Guaranteed & Risk-Free Returns: Recurring Deposits are one of the safest investment options, with guaranteed returns that are not impacted by market volatility, ideal for conservative investors.
• Flexible Deposit Frequency: You can deposit the same fixed amount every month, making it easier to save consistently through automated or manual contributions.
• Easy to Open: You can open a recurring deposit account at Shivalik SFB through both offline and online making the process quick and hassle-free.
• Premature Withdrawal Facility: Shivalik SFB allows premature closure of your RD account, providing partial liquidity when needed.

Documents Required for Shivalik Small Finance Bank RD

Opening a recurring deposit with Shivalik Small Finance Bank is simple since it requires very few documents. You need to submit only the below documents to buy Shivalik Bank recurring deposits:

• PAN card, Aadhaar card, and passport for identity proof
• Aadhaar card, water bill, electricity bill, or any other utility bill for address proof
• Application form 
• Passport-sized photograph

Eligibility Criteria for Shivalik Small Finance Bank RD

• Any Indian resident with valid identity and address proof can open a recurring deposit account.
• Minors can open an RD under the guardianship of a parent or legal guardian; the guardian will operate the account on their behalf.
• Individuals aged 60 years and above are eligible to open an RD and may receive higher interest rates.
• HUFs can open an RD account with the Karta acting as the primary account holder.
• Two or more eligible individuals (as permitted by bank policy) can open a joint recurring deposit account.
• Individuals who are self-employed or operate a proprietorship business can open an RD in their personal name.
• Trusts, educational institutions, societies, and non-profit organisations may be allowed to open RD accounts as per bank norms.

Conclusion

Shivalik Small Finance Bank Recurring Deposit is a reliable savings option for individuals looking to build wealth through disciplined monthly investments. With competitive interest rates for both general and senior citizens, flexible tenure options, and guaranteed returns, it suits conservative investors as well as those planning for specific financial goals. Overall, Shivalik SFB RD offers a secure and structured way to grow your savings steadily without exposure to market risks

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