Public Sector
Private Sector
State Bank of India vs City Union Bank Recurring Deposit Comparison2025
Compare interest rates, features, and returns between State Bank of India (Public Sector) and City Union Bank (Private Sector). Compare the security of public sector banking with the convenience of private sector services.
Five Thousand rupees
Interest Rate Comparison
General rates across different tenures
Current selection: 3 years (1095 days) -SBI: % |City Union: %
Direct comparison of general rates
Feature Comparison
| Features |  SBI Public Sector |  City Union Private Sector |
|---|---|---|
Minimum RD Amount | ₹100 | ₹100 |
Current Interest Rate (Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Key Advantages:
Key Advantages:
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This includes both principal and accrued interest for RDs.
⚠️ Recommendation:
Keep your total deposits (RDs + FDs + Savings) under ₹5 lakhs per bank. If you need larger investments, distribute them across multiple banks.
Smart Distribution Strategy
Multiple RDs: Open RDs in both SBI and City Union
Family Accounts: Use different family members' accounts for additional coverage
Best of Both: Combine SBI (security) with City Union (convenience)
💡 Pro Tip:
RDs are perfect for goal-based investing. You can open separate RDs for different financial goals across different banks to maximize returns and safety.
Key Insights & Recommendations
- • Minimum amount: ₹100
- • Public Sector banking preference
- • Largest branch network in India
- • Government backing and security
- • Online FD booking available
- • Minimum amount: ₹100
- • Private Sector banking preference
- • Competitive interest rates
- • Secure banking
- • Online services available
- • Open multiple RDs for different goals
- • Keep ≤₹5L per bank for insurance
- • Use SBI for stability
- • Use City Union for convenience
- • Review rates periodically
Ready to Invest in Recurring Deposits?
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