Indian Overseas Bank RD Interest Rate

Sir I have a RD in the Indian Overseas Bank and I want to know about the Interest Rate of the RD so can you give me the Interest Rate of Indian Overseas Bank Interest Rate?

[Shaleen]

You are asking for the Indian Overseas Bank RD Interest Rate. The Indian Overseas Bank RD Interest Rate for 1 year Tenure is 9.50% for this the Maturity Amount is 63,156.

For this the required Eligibility is as follows:

Salaried individual, small trader, housewife, student or a rural saver
Customers having a limited or stipulated income and require a large amount of money but can only save small amounts every month

I want to invest Rs.1000 every month for the period of 22 years, kindly advice me in which scheme I have to invest.

I want to invest Rs.1000 every month for the period of 22 years, kindly advice in which scheme I have to invest.This investment is for my brother's daughter newly born.