Fixed Deposit
Deposits
Long Term Deposit
Interest Rate: 8 % To 9 %
Fixed Deposit Scheme offers a secure and reliable way to grow your savings with attractive interest rates. With flexible tenures ranging from 1 year to 60 months, members can choose a deposit period according to their financial goals. The scheme is ideal for those seeking safe investment, assured returns, and long-term financial security.
| Fixed Deposit Period | Intrest Rate |
|---|---|
| 271 - 365 Days | 8 % |
| 13- 21 Months | 8.75 % |
| More than 22 Months to 36 Months | 9 % |
| More than 36 Months to 60 Months | 8 % |
| Senior Citizens, Widows, and Ex-Servicemen are eligible for an additional 0.50% interest rate on individual deposits with a tenure of 1 year and above, | |
Features & Benefits
Guaranteed Returns & Minimal Risk
Higher Interest Rates Than Savings Accounts
Tax-Savings Benefits
Opening an online Fixed Deposit is quick and easy, saving time and effort.
Ideal for short term goals due to higher interest rates.
You can avail of loan against FDs, offering liquidity without breaking the deposit before the maturity period.
Eligibility Criteria
- All individuals residing in India are eligible
- HUFs can set up FDs to manage and grow their collective assets
- Business owners operating sole proprietorships are eligible
- Trust Accounts:
Required Document
Only for non-Shree Mahalaxmi Patpedhi holders
- You need to be a resident of India while opening the Account
- A valid PAN and Aadhaar card are necessary
- Your mobile number must be linked to your Aadhaar card
