You can open a fixed deposit account with us even with a minimum deposit of ₹10,000 (applicable for general customers). To open a fixed deposit account for minors, you only need to make a minimum deposit of ₹2,000.
The minimum and maximum period for opening a fixed deposit depends on the investment plan you choose. Currently, we offer two options.
Traditional plan: Earn interest on a monthly/quarterly basis, as per your requirement, with a maturity period ranging from seven days to 10 years.
Reinvestment plan: Earn interest that is compounded quarterly and reinvested along with the principal amount, with a maturity period ranging from six months to 10 years.