What is the minimum deposit required to book an FD?

The minimum deposit required to book a fixed deposit (FD) is usually quite low, allowing access to a wide range of investors. Most financial institutions have set the minimum FD deposit amount in the range of ₹5,000 to ₹10,000.

Banks, Non-banking Financial Institutions (NBFCs), and other financial institutions also often provide exceptions with relaxed minimum limits for certain customer segments, like senior citizens or women investors. However, the availability of such exceptions depends entirely on the financial institution’s internal policies. But, overall, the FD entry amount is quite reasonable and affordable across the Indian investment sector, enabling participation from all investor categories.

Customers can choose options aligned to their financial requirements and savings goals while investing in an FD, in terms of tenure, interest payout preferences, etc. However, it is always advisable to carefully review factors like minimum investment amounts, interest rates, liquidity policies and applicable terms & conditions before deciding.