According to the latest rate comparisons, Kotak Mahindra Bank currently offers the highest recurring deposit interest rates at 7.2% per annum for both general and senior citizen customers. This rate applies specifically to RD tenures of 60 months and 120 months. The bank's rates are in effect from December 22, 2025, positioning it as the market leader in the current competitive landscape.
The Post Office National Savings Recurring Deposit currently offers 6.7% per annum interest, requiring a minimum monthly deposit of ₹100. SBI has not separately listed its RD interest rates on its website, with rates matching the corresponding FD rates. General citizens at SBI can earn 6.25-6.4% per annum, while senior citizens can earn up to 6.9% on RDs of 2 years tenure. The minimum monthly deposit at SBI is ₹100, with tenure options ranging from 1 to 10 years.
ICICI Bank offers general customers up to 6.5% per annum as the highest return, while senior citizens can earn 7.1% for RD tenures of more than 3 years and up to 5 years. The bank requires a minimum monthly deposit of ₹500 and rates are effective from December 29, 2025. HDFC Bank provides senior citizens with 7% per annum across tenures between 39-54 months, while general customers can earn 6.5% per annum. The bank requires a minimum monthly deposit of ₹500.
Kotak Arbitrage Fund has delivered impressive performance with 7.0% CAGR returns over three years and 6.0% CAGR over the last one year, according to ACE MF data on July 2. Among arbitrage mutual funds that meet the screen used for this ranking, Kotak Arbitrage Fund is at the top on three-year CAGR returns, ahead of UTI Arbitrage Fund at 7.0% and Invesco India Arbitrage Fund at 6.9%. The fund has the largest corpus at ₹72,079.2 crore among the top five funds meeting the ₹1,500 crore assets under management criterion. However, the fund trailed its benchmark by 0.5 percentage points on a three-year basis, with the benchmark returning 7.6%, and by 1.2 percentage points on a one-year basis, with the benchmark returning 7.2%.
