Capital Small Finance Bank Senior Citizen RD Interest Rates

What is the Capital Small Finance Bank Senior Citizen RD?

Capital Small Finance Bank Senior Citizen Recurring Deposit (RD) is a savings scheme for anyone aged 60 or older. Senior citizens can deposit a fixed instalment every month for a chosen tenure and enjoy a higher RD interest rate compared to general customers. They can choose a specific tenure to save, ranging from 12 months to 10 years. If you wish to know how much interest and returns you will earn on your RD for different tenures, use the RD calculator for accurate calculations.

Capital Small Finance Bank RD Rates for Senior Citizens

Below are the RD interest rates across various tenures, offering better returns with flexible investment options.

*Capital Small Finance Bank RD Interest Rates w.e.f. December 30, 2025

Key Features of Capital Small Finance Bank Senior Citizens RD

Capital Small Finance Bank senior citizen RD is designed to offer stable returns with these features:

• Standing Instruction Facility: The bank includes a standing instruction facility for RD accounts. This means the monthly RD installments will be automatically debited from their savings or current account.
• Loan Against RD: The Capital Small Finance Bank loan against RD gives account holders an option to borrow against their deposited RD amount and interest earned. This allows customers to continue saving despite a shortage of funds.
• Nomination Facility: Account holders can appoint a nominee who can claim the interest and earnings of the deposit.
• Premature Withdrawal Facility: Capital Small Finance Bank RD premature withdrawal facility enables customers to access their recurring deposit before it reaches maturity. In such instances, a penalty is taken according to the bank’s rule.

How to Open a Capital Small Finance Bank RD

It is easy to open a Capital Small Finance Bank Senior Citizen RD both online and offline, whichever is convenient to you.

Online Method

You can access an RD at any convenient time through emailing and calling the bank or through internet banking, following these steps:

• Log In: Log in to the official Capital SFB website, and go to the RD section, then choose to apply.
• Select RD Option: Choose recurring deposits, give all the requested information, and submit.
• Contact: A bank representative will connect with you shortly after.
• Submit Documents: Provide required KYC documents.
• Enter Details: Fill in the instalment amount and tenure.
• Link Account: Choose your Capital Small Finance Bank savings accountor current account for instalments.
• Review & Submit: Verify details and confirm the request.
• Confirmation: Receive RD account creation confirmation.

Offline Method

You can easily open an RD account offline by following these steps:

• Branch Visits: Visit the closest branch.
• Fill Form: Fill in the RD application form.
• Submit Documents: Provide required KYC documents.
• Choose Details: Select the instalment amount and tenure.
• Deposit Initial Instalment: Pay the first monthly instalment.
• Set Instructions: Provide payment or standing instructions.
• Account Activation: The bank opens the RD account and issues confirmation details.

Capital Small Finance Bank Senior Citizens RD Eligibility Criteria

Capital SFB Senior Citizen RD opening includes clear minimum eligibility conditions to support a simple account opening process.

• Age Requirement: To enjoy the senior citizens rate, the account holder should be 60 years or older. They should also provide documents verifying their age.
• Resident Status: The senior citizen RD interest rate is for resident individuals. RD is primarily available for residents of India. Eligibility for non-residents may vary based on bank guidelines.
• Bank Account Requirement: You need a savings or current account with Capital Small Finance Bank to make monthly installments.
• KYC (Know Your Customer) Documents: To open a Capital Small Finance Bank RD, one document verifying the customer's identity and one verifying the address are needed. Documents such as a passport, an Aadhar card, a PAN card, a Voter’s Identity Card, an electric bill, a salary slip, and recent passport photos.

Key Takeaways

Capital Small Finance Bank Senior Citizen RD offers account holders a preferential interest rate that is higher than that of general citizens by 0.50%. The RD interest rates generally range from 7.30% to 7.40% per annum. The interest rates you get depend on the period of saving, which spans from 12 months to 10 years.