What is the minimum amount for investing in a fixed deposit?

The minimum amount for investing in a fixed deposit (FD) is typically between ₹1000 and ₹10,000 across most financial institutions in India. The exact minimum investment amount may vary from one financial institution to another.

Usually, institutions have different minimum FD amount criteria set for different customer segments. Lower minimum amounts may be allowed for senior citizens, women investors, students, and special customer categories.

The larger the fixed deposit ticket size, the higher the preferential annualised interest rate offered in most cases. Also other terms and conditions-such as flexibility in payout options or documentation requirements-may also be improved for larger ticket deposits.

So, investors should always check the slab-wise rate structure and minimum or maximum amount criteria before investing. The exact minimum FD amount, applicable interest rate, and other terms and conditions can vary across financial institutions, so reviewing the latest details is essential before making a decision