Fixed Deposit

Fixed Deposit (FD)

You can open a fixed deposit for a period of 7 days to 10 years. A fixed deposit can help you save, if you have a lump sum amount. An FD is beneficial for tax purposes as well when you invest in a tax saver fixed deposit. You can also open an FD online through us. It is quick and very easy.

If you are a resident of India, you can choose from a wide range of deposit products with maturities ranging from 12 to 60 months at competitive rates of interest and with different features to suit the investment needs of individuals.

1) Provides you with regular monthly income.

2) Monthly interest is directly credited to your bank account through ECS.

3) Ideal for retired people, housewives, and senior citizens

4) Available in Fixed and Variable Interest Rates.

1) Provides you with regular periodic interest income, either on a quarterly or a half-yearly basis.

2) Interest will be directly credited to your bank account through ECS.

3) Ideal to plan the fund requirements at the end of each quarter/half-year.

4) Available in Fixed and Variable Interest Rates.

1) Provides you with regular yearly interest income.

2) Interest will be directly credited to your bank account through ECS.

3) Ideal option to maximize returns and plan for annual cash outflows.

4) Available in Fixed and Variable Interest Rates.

1) Provides you with a lump sum at the end of the deposit tenure.

2) Ideal option to accumulate funds for future requirements and maximize returns.

3) Ideal for parents planning for their child’s higher education/marriage.

4) Available in Fixed and Variable Interest Rates.

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