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DBS Recurring Deposit: Interest Rates, Features and How to Open
Imagine starting your investment journey with just ₹100 in 2025. Yes, it is possible by opening a DBS Recurring Deposit account.
With the DBS Bank, you not only enjoy competitive interest rates and flexible payment options but also the benefit of instant account opening. Read this blog to explore current interest rates, exclusive features, and the simple process to open an RD account with DBS Bank.
DBS Recurring Deposit Interest Rates
Tenure | Regular Candidates | Senior Citizen |
91 to 180 days | 4.25% | 4.25% |
181 to 1 year | 5.50%–6.00% | 6.00%–6.50% |
376 to 599 days | 6.55% | 7.05% |
1 to 2 years | 6.30%–6.50% | 6.80%–7.00% |
2 to 5 years | 6.40% | 6.90% |
More than 5 years | 6.25% | 6.75% |
Wish to avail better RD interest rates? Visit the Stable Money platform and enjoy up to 8.40% interest on an RD.
Insured by DICGC, Stable Money does not charge any penalty for missed investments. Download Stable Money app, book an RD and enjoy the best RD rates in 2025!
Features of DBS Recurring Deposit Account
- Start from ₹100: By creating an RD account with DBS Bank, you can start investing with as little as ₹100. This minimum investment criterion is designed to make it accessible for individuals across all income levels.
- Higher Rate for Senior Citizens: Senior citizens can avail a higher 0.50% interest rate (irrespective of tenure) by submitting accurate age-related documents.
- DICGC-insured Deposits: When considering security, all RD accounts with the DBS Bank are insured by the DICGC for up to ₹5,00,000.
- Convenient Payment Options: You have the flexibility to choose between different RD periods, such as daily, monthly, or quarterly. Choose what is most convenient for you, and the amount you select will then be automatically deducted from your savings account as per your chosen payment frequency.
- Create Multiple RD Accounts: One of the best features of the DBS Recurring Deposit is that there is no hard and fast rule on how many RD accounts one can create. You can open as many as you require to meet your various financial goals.
How to Open a DBS Bank Recurring Deposit Online?
Step 1: Visit the DBS Bank's official <a href="https://internet-banking.retail.dbsbank.in/login" target="_blank" rel="nofollow noopener noreferrer">NetBanking Portal</a> or download the DBS digibank app on your mobile.
Step 2: Select the ‘Open Deposit Account’ or ‘Open a Recurring Deposit’ account.
Step 3: Enter the deposit amount and choose tenure from the drop-down list.
Step 4: Select the savings account and provide all the necessary details so the bank can automate the process.
Step 5: Hit the ‘Confirm’ button and submit your request.
Your DBS Recurring Deposit account will be opened within minutes, and you will be notified via SMS and email shortly.
Documents Required to Open a DBS Recurring Deposit
- Identity proof (photocopies of Aadhaar card, PAN card, or passport)
- Address proof (photocopies of Voter ID, utility bill, bank statement, etc.)
- A passport-size photo of recent times
However, senior citizens need to submit a valid age proof to enjoy a 0.50% higher interest rate in their RDs.
How to Calculate RD Interest?
- Step 1: Open this RD calculator page.
- Step 2: Enter all the details, including the monthly Investment amount, rate of interest, and tenure.
- Step 3: The calculator will instantly show the 'Total investment' and 'Total interest' amounts on the screen.
Create a DBS Recurring Deposit account and stay disciplined to achieve your future financial goals with ease.
However, you can rely on Stable Money and avail higher interest rates of up to 8.40% on your recurring deposits. No need to worry about security as this is a SEBI-regulated platform trusted by over 30 lakh Indians.
