Fixed Deposit FAQs
Understand fixed deposits better with our comprehensive FAQs. Get clear, precise information to make informed investment decisions.
- Posted:17th October, 2025
- Updated:23rd October, 2025
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Yes, premature withdrawal before the full term of a fixed deposit (FD) reduces the total earnings on the investment.
Read More - Posted:16th October, 2025
- Updated:16th October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 485
Fixed deposits (FDs) can typically be held in multiple numbers depending on your financial institution's policies and your personal financial goals.
Read More - Posted:16th October, 2025
- Updated:23rd October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 470
While senior citizens typically enjoy higher interest rates on retail fixed deposits up to a certain threshold amount, this additional benefit may not automatically apply to bulk fixed deposits above a certain value.
Read More - Posted:16th October, 2025
- Updated:16th October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 852
There are a few convenient ways to find out the fixed deposit (FD) balance every month:
Read More - Posted:16th October, 2025
- Updated:23rd October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 547
Yes, minors can have fixed deposit (FD) accounts opened in their name.
Read More - Posted:16th October, 2025
- Updated:22nd October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 700
Yes, you can receive monthly interest payouts on your fixed deposit (FD) account.
Read More - Posted:16th October, 2025
- Updated:16th October, 2025
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https://www.shriramfinance.in/financial-faqs-fixed-deposit - 881
It is typically possible for a senior citizen to open a fixed deposit account jointly with another person who is not a senior citizen.
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