Fixed Deposits

benefits of Fixed deposits

Encourages Habit of Saving

Small savings lead to bigger investments

Safe Option

No market related risks

Interest Payment Options

Cumulative & Non-Cumulative

Loan Against FD

Up to 95% of deposit amount

Guaranteed Returns

Fixed interest rates

Deposit Insurance of Rs. 5Lakh

In case the bank defaults

80C Income Tax Deductions

Up to Rs. 1.5 lakh/FY

Higher Interest rates for Senior Citizens

Up to 0.25 to 0.5 extra