Fixed Deposit
Deposits
Short Term Deposit
Interest Rate: 4 % To 6.5%
Short Term Deposit Scheme is a secure and reliable investment option designed to help you grow your savings with attractive returns. With flexible deposit periods ranging from 30 to 270 days and competitive interest rates, the scheme allows you to choose a tenure that suits your financial needs. It is an ideal option for members looking for safe investment, assured returns, and short-term financial planning.
| Fixed Deposit Period | Intrest Rate |
|---|---|
| 30 - 90 Days | 4 % |
| 91 - 180 Days | 5% |
| 181 - 270 Days | 6.5 % |
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
