A Fixed Deposit (FD) is a cornerstone of a sound financial plan. It offers the security of capital protection with the advantage of guaranteed growth.
Optimized interest yields that outperform standard savings protocols.
Customizable investment horizons ranging from 7 days to 10 years.
The main purpose of a fixed deposit account is to enable individuals to earn a higher rate of interest on their surplus funds (extra money).
The depositor is given a fixed deposit receipt, which is produced at the time of maturity. The deposit can be renewed for a further period.
Experience peace of mind with the guaranteed safe custody of your fixed deposit receipts within our secure banking systems.
Interest is payable quarterly, compounded quarterly (re-investment), or monthly at a discounted value at the option of the depositor.
| Sr. No. | Tenure Range | Regular Citizens (% p.a.) | Senior Citizens (% p.a.) |
|---|---|---|---|
| 1 | 7 days to 45 days | 4.50% | 5.00% |
| 2 | 46 days to 179 days | 5.25% | 5.75% |
| 3 | 1 year to 2 years | 7.25% | 7.75% |
| 4 | 2 years to 5 years | 7.00% | 7.50% |
| 5 | Above 5 years | 6.75% | 7.25% |
Plan your financial future with precision. Use our interactive calculator to see how your money grows over time.
Maturity amount is calculated based on quarterly compounding frequency.
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