Put your savings in a fixed deposit and earn a higher, assured rate of interest for the period you choose.
7.50%per annum for 1 year and up to 2 years. Senior citizens get 0.25% extra.
| Period | Rate of interest (p.a.) |
|---|---|
| 30 days to 90 days | 4.00% |
| 91 days to 180 days | 4.50% |
| 181 days to 364 days | 5.00% |
| 1 year and up to 2 years | 7.50% |
| Above 2 years | 7.25% |
| Deposit amount | Rate of interest (p.a.) |
|---|---|
| Bulk deposits (Above ₹3 lakh) | 8.25% |
Senior citizens: 0.25% extra on fixed deposits (other than bulk deposits).
Features
- Deposit periods from 30 days
- Interest can be paid out monthly or quarterly, or reinvested and paid at maturity
- Loan against fixed deposit available
- Premature withdrawal allowed as per bank rules
- Nomination facility available
Documents required
- Recent passport-size photographs
- Proof of identity — Aadhaar card, PAN card, voter ID, passport or driving licence
- Proof of address — Aadhaar card, utility bill, ration card or any officially valid document
- PAN card or Form 60, as applicable
Use the FD calculator to estimate your maturity value.
Rates are subject to change at the discretion of the bank. Please confirm the current rate at the branch before you apply.