Fixed Deposits
Safe, predictable growth — with rates better than your neighbourhood branch.
- Rates Up To
- 8.5% p.a.
- Senior Citizens
- +0.50% extra
- Tenure
- 7 days – 10 yrs
- Insurance
- DICGC up to ₹5 L
Fixed deposits remain India's favourite safe investment: your rate is locked at booking and returns are guaranteed by the bank. Because we work with 8+ banks and NBFCs — including small finance banks offering the highest rates — we help you ladder deposits for the best mix of rate, safety and liquidity.
Indicative FD rates across bank types
| Institution Type | 1-yr Rate | 3-yr Rate | Notes |
|---|---|---|---|
| Large private / PSU banks | 6.5% – 7.3% | 6.75% – 7.25% | Highest safety, moderate rates |
| Small finance banks | 7.5% – 8.5% | 7.75% – 8.5% | Best rates; DICGC-insured to ₹5 L |
| Corporate FDs (AAA) | 7.5% – 8.3% | 7.8% – 8.6% | Higher yield, check ratings |
Returns are market-linked or bank-dependent and not guaranteed unless stated; figures indicative as of 2025.
Features & benefits
- Guaranteed, locked-in returns
- Senior citizens earn 0.25–0.75% extra
- 5-year tax-saver FD qualifies under Section 80C
- Loan / overdraft against FD up to 90% of value
- Auto-renewal and flexible payout (monthly / quarterly / cumulative)
- Premature withdrawal facility (small penalty applies)
Eligibility
- Resident individuals 18+ (minors via guardian)
- Senior-citizen rates for 60+
- Valid KYC
- NRIs via NRE/NRO deposits
Documents required
- PAN card
- Aadhaar / address proof
- Photograph
- Bank account details
How it works
- 1
A short conversation on goals, horizon and risk
- 2
We propose a plan with specific products
- 3
Complete KYC and invest online
- 4
Regular reviews to keep you on track
Frequently asked questions
Is my FD really safe?
Bank FDs are insured by DICGC up to ₹5 lakhs per depositor per bank (principal + interest). Spreading larger amounts across banks keeps every rupee within the insured limit — we structure this for you.
What is FD laddering?
Splitting one large FD into several with staggered maturities — e.g., 1, 2 and 3 years. You get liquidity every year and re-invest at prevailing rates, instead of locking everything at one rate.
How is FD interest taxed?
Interest is added to your income and taxed at slab rate. Banks deduct TDS at 10% when annual interest exceeds ₹40,000 (₹50,000 for seniors); Form 15G/15H avoids TDS if your income is below taxable limits.
Can I break an FD early?
Yes — banks pay the rate applicable to the period actually run, minus a small penalty (typically 0.5–1%). A loan against the FD is often smarter than breaking it.