Scrip Symbol

RBLBANK (NSE)

Dividend Details

  • Dividend amount: Re. 1.00 per equity share (10% on face value of Rs. 10)
  • Recommended by Board of Directors on April 25, 2026
  • Subject to approval at 83rd Annual General Meeting on September 2, 2026
  • Payment date: On or before October 1, 2026
  • Record date: Friday, August 14, 2026

TDS Provisions

  • Dividend taxable in hands of shareholders under Income Tax Act, 2025 as amended by Finance Act, 2026
  • Bank required to deduct TDS at applicable rates
  • TDS rates vary based on shareholder category and documentation submitted

Shareholder Requirements

All shareholders must ensure the following details are updated by August 14, 2026, 5:00 PM:

  • Valid and operative Permanent Account Number (PAN)
  • Residential status (Resident or Non-Resident for FY 2025-26)
  • Correct shareholder category classification
  • Email address and contact number
  • Residential address

Documentation Deadlines

  • All tax exemption/lower tax claim forms must be submitted by August 14, 2026, 5:00 PM
  • Documents must be uploaded at specified portal: https://web.in.mpms.mufg.com/formsreg/submission-of-form-15g-15h.html
  • No documents accepted after deadline

TDS Rates for Resident Shareholders

  • Resident individuals: Nil TDS if dividend ≤ Rs. 10,000 or Form 121 submitted with PAN copy
  • Resident with lower withholding certificate: Rate specified in Section 395 certificate
  • Resident without PAN/invalid PAN: 20% TDS
  • Insurance companies: Nil TDS with self-declaration and IRDAI registration
  • Mutual funds: Nil TDS with SEBI registration proof
  • AIF Category I & II: Nil TDS with SEBI registration
  • NPS Trust: Nil TDS with self-declaration

TDS Rates for Non-Resident Shareholders

  • Non-resident shareholders: 20% OR Double Taxation Avoidance Agreement rate (whichever lower)
  • Required documents: PAN copy, Tax Residency Certificate, e-filed Form 41, no Permanent Establishment declaration
  • FPIs/FIIs additionally require SEBI registration certificate
  • Singapore residents must demonstrate non-applicability of Article 24 limitation of relief

General TDS Provisions

  • All tax rates enhanced by applicable surcharge and cess
  • PAN mandatory - 20% TDS if PAN invalid/not linked with Aadhaar
  • Higher tax rate applied across all holdings if multiple accounts under single PAN
  • TDS certificates will be emailed to registered email IDs
  • TDS credit visible in Form 168 from income tax e-filing portal

Key Dates

  • Record date: August 14, 2026
  • AGM for approval: September 2, 2026
  • Dividend payment: On or before October 1, 2026
  • Document submission deadline: August 14, 2026, 5:00 PM