Secure Your Savings with Fixed Deposits
Guaranteed returns, flexible tenure, zero market risk. Build stable wealth with assured interest rates.
What is a Fixed Deposit?
A Fixed Deposit (FD) is a secure investment option where you deposit a fixed amount of money with a bank or financial institution for a specific period.
In return, you receive a guaranteed interest rate. FDs are considered one of the safest investment choices and are suitable for individuals who want stability and predictable returns.
Whether you're planning for short-term goals or simply want to park surplus funds safely, Fixed Deposits offer peace of mind with assured returns independent of market fluctuations.
Why Invest in Fixed Deposits?
Guaranteed Returns
FDs offer assured returns that do not change with market conditions.
Low Risk
FDs are not impacted by stock market fluctuations. Your capital remains protected.
Flexible Tenure
Choose durations from a few days to several years.
Easy to Understand
Simple structure: deposit → earn interest → receive maturity amount.
Multiple Use Cases
Ideal for emergency funds, upcoming expenses, or idle money.
Deposit Insurance
Bank FDs insured under DICGC up to ₹5 lakh.
Types of Fixed Deposits
Regular Fixed Deposit
A standard FD where you invest a lump sum and receive interest at a fixed rate.
Suitable for: Suitable for individuals wanting guaranteed stable returns.
Tax-Saving Fixed Deposit
Comes with a 5-year lock-in and offers tax benefits under Section 80C.
Suitable for: Ideal for individuals reducing tax liability.
Senior Citizen Fixed Deposit
Higher interest rates (0.25% – 0.75% extra).
Suitable for: Best for retirees seeking steady income.
Recurring Deposit (RD)
Deposit a fixed amount monthly with FD-like interest.
Suitable for: Ideal for salaried individuals saving regularly.
How Fixed Deposits Work
Select the investment amount and tenure.
Deposit the lump sum in the FD account.
Bank pays interest at a fixed rate.
At maturity, receive principal + interest.
Renew or withdraw the FD.
Interest Payout Options
Cumulative FD
Interest is added to the principal and paid at the end of tenure—benefits from compounding.
Best for: Long-term compounding.
Non-Cumulative FD
Interest is paid periodically: Monthly, Quarterly, Half-yearly, or Annually.
Best for: Retirees needing regular income.
Example Calculations
Example 1: Basic FD
You invest ₹1,00,000 for 1 year at 7% interest. Maturity approx: ₹1,07,000
Example 2: Long-Term FD with Compounding
₹5,00,000 for 3 years at 7.5% cumulative. Maturity approx: ₹6,24,000
Example 3: Senior Citizen FD with Regular Income
₹2,00,000 at 8%. Annual interest: ₹16,000 (₹1,333 monthly)
⚠️ Note:
These are illustrative examples. Actual returns depend on the bank's interest rates and compounding frequency.
Premature Withdrawal Rules
Most banks allow premature withdrawal with a 0.5% – 1% penalty.
If withdrawn early, interest may be lower than promised.
Policies depend on the bank's specific terms.
Tax-saving FDs (5-year lock-in) cannot be withdrawn early without tax impact.
Who Should Consider Fixed Deposits?
Individuals who prefer safe investments
Senior citizens looking for stable income
Parents saving for short-term goals
Low risk tolerance investors
Individuals wanting guaranteed returns
People parking surplus money safely
Saving for specific future expenses
Diversifying beyond volatile assets
Why Choose Stockstrail for Fixed Deposits?
Compare Rates
Easy comparison of FD rates across banks.
Expert Guidance
Personalized recommendations based on goals.
Best Rates
Access to competitive FD returns up to 7.5%+.
Flexible Tenure
Choose tenures from 7 days to 10+ years.
Paperless Process
Simple online application with minimal documents.
Renewal Reminders
Notifications for maturity & reinvestment.
How to Start a Fixed Deposit
Decide the deposit amount.
Select tenure (3m, 6m, 1y, 3y, 5y, etc.).
Choose cumulative or periodic payout.
Complete the FD application with Stockstrail.
Receive FD receipt with maturity details.