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Fixed Deposit FAQs

Understand fixed deposits better with our comprehensive FAQs. Get clear, precise information to make informed investment decisions.

Interest payment on your fixed deposit (FD) depends on your selected terms and the financial institution's policies.
Fixed deposits (FDs) meant for senior citizens, aged 60 and above, offer attractive interest rates, often starting from 7% p.a.
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Opening a Fixed Deposit (FD) online is a convenient and simple process.
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Withdrawing or closing a joint fixed deposit (FD) requires the agreement and signatures of all account holders, as well as following the financial institution’s legal procedures.
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Renewing your fixed deposit helps your savings keep growing with regular interest.
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A fixed deposit (FD) of ₹25 lakhs can provide a steady monthly income, with interest rates starting from 7% p.a.
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Here are the most common minimum and maximum tenures for fixed deposits (FDs).
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