Fixed Deposit
Investment

Fixed Deposit

A Fixed Deposit (FD) is a financial investment where money is deposited with a bank or financial institution for a fixed period at a predetermined interest rate. It offers safe and stable returns with minimal risk.

Product Overview

A Fixed Deposit (FD) is a financial investment where money is deposited with a bank or financial institution for a fixed period at a predetermined interest rate. It offers safe and stable returns with minimal risk.

Eligibility

Individuals, senior citizens, minors, joint account holders, companies, and trusts can open fixed deposits, subject to KYC verification.

Interest Rates & Charges

Interest rates vary depending on tenure and institution. Senior citizens may receive additional interest benefits. Premature withdrawal may attract penalty charges, and applicable taxes may be deducted on interest earned.

How to Apply

Choose the deposit amount and tenure, submit KYC documents, fill out the FD application form online or offline, and deposit the funds. The bank issues an FD receipt or certificate after confirmation.

Product FAQs

Includes common questions about interest rates, premature withdrawal, loan against FD, tax deductions, and maturity payment options.

Need help choosing?

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