Fixed Deposits

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Fixed Deposits (FDs)

Secure your money with stable returns and peace of mind

Fixed Deposits (FDs) are one of the most trusted investment options in India, preferred by investors who value safety, stability, and assured returns. By investing a fixed sum for a chosen tenure, you earn interest at a predetermined rate, regardless of market volatility.

FDs are suitable for conservative investors, retirees, and those seeking to balance their portfolio with a low-risk component. They offer flexibility in tenure and payout frequency, making them a reliable choice for short, medium, or long-term goals.

Types of Fixed Deposits

Bank FDs

Offered by scheduled banks, backed by deposit insurance (DICGC) up to ₹5 lakh per depositor, per bank.

Corporate FDs

Offered by reputed NBFCs/companies with higher interest rates than banks. Carry credit risk; ratings should be reviewed.

Tax-Saving FDs

5-year lock-in deposits eligible for deduction under Section 80C of the Income Tax Act (up to ₹1.5 lakh).

Cumulative FDs

Interest compounded and paid at maturity — ideal for wealth accumulation over time.

Non-Cumulative FDs

Interest paid out monthly, quarterly, or annually — suitable for those seeking regular income.

Senior Citizen FDs

Special FDs for individuals above 60 years, usually offering additional interest benefits.

Key Benefits of Fixed Deposits

  • ✔ Capital Protection: Principal is secure and not subject to market fluctuations.
  • ✔ Assured Returns: Earn guaranteed interest at a fixed rate throughout the tenure.
  • ✔ Flexible Tenure: Choose from short-term (7 days) to long-term (10 years) options.
  • ✔ Liquidity: Premature withdrawal available (subject to penalty and issuer terms).
  • ✔ Loan Against FD: Avail overdraft or loan facility without breaking the FD.
  • ✔ Tax Savings: Eligible schemes (Tax-Saving FDs) provide deductions under Section 80C.

How to invest in FDs

1) Choose Issuer

Select from banks, NBFCs, or corporates depending on your return expectations and risk comfort.

2) Decide Tenure & Amount

Fix your investment period and principal amount to align with your goals.

3) Submit Documents

Provide PAN, Aadhaar, bank details, and complete KYC as required by the issuer.

4) Receive FD Receipt

Once booked, you’ll receive an FD receipt/certificate with tenure, rate, and maturity details.

Risks to Consider

  • Issuer Risk: Bank FDs are safer (insured up to ₹5 lakh), while corporate FDs depend on issuer ratings.
  • Liquidity Risk: Premature withdrawals may attract penalty or lower interest payout.
  • Inflation Risk: Fixed interest may not always beat inflation over long durations.
  • Taxation: Interest earned is fully taxable as per your income slab.

Fixed Deposits are a reliable and simple investment choice for safeguarding capital while earning steady returns. We assist you in choosing the right FD — from banks or reputed corporates — depending on your financial goals.

Book Your FD Today

Fixed Deposit investments are subject to the terms and conditions of the issuing bank/financial institution. Interest rates are subject to change without prior notice. Please check the latest rates and issuer ratings before investing.