FIXED DEPOSIT (FD) =
Safe. Simple. Rewarding.
A Fixed Deposit is a savings option where you deposit a lump sum for a fixed period and earn guaranteed returns.
YOUR MONEY GROWS SAFELY
WHY CHOOSE A FIXED DEPOSIT?
FIXED TENURE Choose a tenure that suits you.
GUARANTEED RETURNS
Earn fixed interest at attractive rates.
BETTER RETURNS Higher interest rates than a savings account.
You know how much interest you will earn when you invest.
Tenure Options
From 7 days to 10 years or more.
You choose a tenure (e.g. 6 months, You deposit a lump sum amount in the bank.
The bank invests
At maturity.
Payout can be monthly, quarterly, half-yearly, 1 year, 2 years, etc.). pays you fixed interest. principal + interest yearly or at maturity.
Tax Benefits
Tax-saving FDs (5-year tenure) are eligible for deductions under Section 80C (subject to conditions).
EXAMPLE
GROW YOUR WEALTH SECURELY
FLEXIBLE OPTIONS Various tenures and payout options available.
If you invest $1,000 in a Fixed Deposit for 1 year at an interest rate of 5% per annum.
"Rates are for illustration only and subject to change
Low-risk investors who want stable and guaranteed returns.
People planning short-term goals like travel, marriage or emergency fund.
Seniors and conservative investors looking for regular income.
Fixed Deposits are a smart way to grow your savings safely with guaranteed returns and peace of mind.
Note:
The interest rate and maturity amount may vary based on the bank and tenure chosen.
FDs are subject to bank terms and conditions. Interest rates are subject to change without prior notice.