RBL Bank dividend TDS details were disclosed by the private-sector lender on August 8, 2026, through a BSE filing on the proposed final dividend for the financial year ended March 31, 2026. The bank said its board had recommended a dividend of Re 1 per equity share of Rs 10 face value, equivalent to 10%, at its meeting held on April 25, 2026.

The proposed dividend remains subject to approval by shareholders at RBL Bank's 83rd Annual General Meeting scheduled for September 2, 2026. Eligible members will be identified from the Register of Members or list of beneficial owners at the close of business on August 14, 2026, the record date. If approved at the AGM, the dividend will be paid to eligible members or their mandates on or before October 1, 2026.

Shareholders asked to update tax details

RBL Bank informed shareholders that dividends paid or distributed by a company are taxable in their hands under the Income-tax Act, 2025, as amended by the Finance Act, 2026. The bank will accordingly deduct tax at source at applicable rates when making the dividend payment, if shareholders approve the proposal.

Members have been asked to complete or update relevant details in their demat accounts with their depository participants. Investors holding physical shares should update the information with the bank's registrar and transfer agent, MUFG Intime India Private Limited, by 5 pm on August 14, 2026.

  • A valid and operative Permanent Account Number.
  • Residential status as resident or non-resident for FY2025-26.
  • The applicable shareholder category, including mutual funds, insurance companies and specified alternative investment funds.

The bank will rely on records maintained by the registrar and depositories while applying the relevant TDS provisions.

Tax exemption and lower-deduction process

RBL Bank said it is emailing the communication to shareholders whose email addresses are registered with the bank, its registrar or the depositories. The communication outlines the process and documents required to claim a tax exemption or a lower rate of tax deduction, wherever applicable.

The filing clarifies that TDS will be applied in accordance with the shareholder details and applicable provisions available when the dividend is paid. Investors seeking concessional treatment should ensure their records and supporting documentation are complete within the stated timeline. The final payout is conditional on member approval at the forthcoming AGM.