Insured deposits
Deposits up to ₹5,00,000 per depositor are insured (fictional corporation).
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- Fixed & Recurring Deposits
Fixed & Recurring Deposits
Predictable returns, from ₹500 a month or ₹10,000 at once. Senior citizens earn more.
- FD up to
- 7.40%
- Senior citizens
- +0.50%
- FD from
- ₹10,000
- RD from
- ₹500/mo
01 — Why choose it
Grow it, safely
Monthly or cumulative
Take interest every month, or let it compound quarterly.
Loan against FD
Borrow up to 90% against your deposit without breaking it.
02 — Rates & features
The numbers, plainly
| Tenure | General / Senior (p.a.) |
|---|---|
| 7 – 45 days | 3.50% / 4.00% |
| 1 year | 6.80% / 7.30% |
| 400 days (festive) | 7.40% / 7.90% |
| 3 years | 7.00% / 7.50% |
| 5 years (tax saver) | 7.00% / 7.50% |
| Recurring, 2 years | 6.90% / 7.40% |
Illustrative figures for a fictional bank. Subject to change.
03 — Good to know
Questions we hear often
Can I withdraw early?
Yes, with a 1% penalty on the applicable rate. Tax-saver FDs lock in for 5 years.
Is the interest taxable?
Yes, as per your slab. TDS applies above ₹40,000 of interest in a year.
Returns are not guaranteed. Mutual fund investments are subject to market risks.