What is fixed deposit?
A fixed deposit (FD) is a type of investment where you put a lump sum of money in a bank for a set period of time and earn interest on it. FDs are also known as term deposit
| Interest Rates (% p.a.) | |||
|---|---|---|---|
| Private sector banks | Highest slab | 1-year tenure | Senior citizen highest slab |
| Axis Bank | 7.25 | 6.7 | 7.75 |
| Bandhan Bank | 8.05 | 8.05 | 8.55 |
| City Union Bank | 7.5 | 7 | 7.50 |
| CSB Bank | 7.75 | 5 | 8.55 |
| DBS Bank | 7.5 | 7 | 8.00 |
| DCB Bank | 8.05 | 7.1 | 8.55 |
| Dhanlaxmi Bank | 7.25 | 6.75 | 7.75 |
| Federal Bank | 7.4 | 6.8 | 7.75 |
| HDFC Bank | 7.4 | 6.6 | 7.90 |
| ICICI Bank | 7.25 | 6.7 | 7.75 |
| IDBI Bank | 7.35 | 6.8 | 7.75 |
| IDFC First Bank | 7.75 | 6.5 | 8.25 |
| IndusInd Bank | 7.75 | 7.75 | 8.25 |
| Jammu & Kashmir Bank | 7 | 7 | 7.60 |
| Karnataka Bank | 7.5 | 7.35 | 8.00 |
| Karur Vysya Bank | 7.6 | 7 | 8.00 |
| Kotak Mahindra Bank | 7.4 | 7.1 | 7.90 |
| Nainital Bank | 7.05 | 6.7 | 7.55 |
| RBL Bank | 8.1 | 7.5 | 8.60 |
| SBM Bank India | 8.25 | 7.05 | 8.75 |
| South Indian Bank | 7.25 | 6.7 | 7.90 |
| Tamilnad Mercantile Bank | 7.5 | 7 | 8.25 |
| Yes Bank | 8 | 7.25 | 8.25 |
| Interest Rates (% p.a.) | |||
|---|---|---|---|
| Public Sector Banks | Highest slab | 1-year tenure | FD Interest Rates for Senior Citizens |
| Bank of Baroda | 7.15 | 6.85 | 7.65 |
| Bank of India | 7.30 | 6.8 | 7.80 |
| Bank of Maharashtra | 7.25 | 6.75 | 7.60 |
| Canara Bank | 7.25 | 6.85 | 7.75 |
| Central Bank of India | 7.45 | 6.85 | 7.95 |
| Indian Bank | 7.30 | 6.1 | 7.75 |
| Indian Overseas Bank | 7.3 | 7.1 | 7.80 |
| Punjab & Sind Bank | 7.3 | 6.3 | 7.80 |
| Punjab National Bank | 7.25 | 6.8 | 7.75 |
| State Bank of India | 7.25 | 6.8 | 7.75 |
| UCO Bank | 7.3 | 6.5 | 7.55 |
| Union Bank of India | 7.4 | 6.8 | 7.90 |
| Interest Rates (% p.a.) | |||
|---|---|---|---|
| Small Finance Banks | Highest slab | 1-year tenure | Senior citizen FD rates |
| AU Small Finance Bank | 8 | 7.25 | 8.50 |
| Capital Small Finance Bank Limited | 7.55 | 7.5 | 8.10 |
| Equitas Small Finance Bank | 8.25 | 8.1 | 9.00 |
| ESAF Small Finance Bank | 8.25 | 6 | 8.75 |
| Jana Small Finance Bank | 8.25 | 8.25 | 8.75 |
| North East Small Finance Bank | 9 | 7 | 9.50 |
| Shivalik Small Finance Bank Limited | 8.55 | 6 | 9.05 |
| Suryoday Small Finance Bank | 8.65 | 6.85 | 9.10 |
| Ujjivan Small Finance Bank | 8.25 | 8.25 | 8.75 |
| Unity Small Finance Bank | 9 | 7.85 | 9.50 |
| Utkarsh Small Finance Bank | 8.5 | 8 | 9.10 |
SAVING ACCOUNT ?
- Interest: You can earn interest on your balance.
- Safety: A savings account is a secure place to store your money.
- Accessibility: You can easily access your money whenever you need it.
- Financial goals: A savings account can help you achieve financial goals.
- Zero balance accounts Some banks offer zero balance savings accounts with interest rates ranging from 2.75% to 7.50%
Our team is driven in getting the best saving account with maximium features which suits your banking requirments.
| Top Savings Accounts Banks | ||||
|---|---|---|---|---|
| Bank Name | Amount to be maintained | Interest Rate on saving | Highest variant of account | Feature |
| AU Small finance bank | Balances less than Rs. 1 lakh | 3.00% | AU Platinum | Extend the program to include up to 3 additional family members |
| Balances from Rs. 1 lakh to less than Rs. 5 lakh | 4.00% | Enjoy HIGH-interest rates along with monthly interest payouts | ||
| Balances from Rs. 5 lakh to less than Rs. 10 lakh | 5.00% | |||
| Balances from Rs. 10 lakh to less than Rs. 25 lakh | 7.00% | |||
| Balances from Rs. 25 lakh to less than Rs. 1 crore | 7.00% | |||
| Balances from Rs. 1 crore to less than Rs. 5 crore | 7.25% | |||
| Balances from Rs. 5 crore to less than Rs. 10 crore | 7.00% | |||
| Equitas SFB | Up to ₹1 lakh. | 3.50% | ELITE | Complimentary Domestic Airport Lounge Access* |
| Above ₹1 lakh and up to ₹7 lakhs. | 5.00% | 50% discount on Annual Locker Rentals* | ||
| Above ₹7 lakhs and up to ₹25 crores. | 7.00% | Insurance | ||
| Above ₹25 crores | 7.80% | Fine pricing 1.5% foreignexchange Markup on international spends | ||
| ESAF SFB | Up to and including Rs.1 lakh | 3.50% | Eleganza | Free Domestic Airport Lounge access - 2 times per quarter*** |
| Above Rs.1 lakh up to and including Rs.5 lakhs (i.e. for incremental amount above Rs.1 lakh) | 6.00% | Free International Airport Lounge access - 2 times per yea | ||
| Above Rs.5 lakh up to and including Rs.15 Crore (i.e., for incremental amount above Rs.5 lakh) | 7.50% | Free exclusive insurance package for accidental / fraud / purchase protection and travel | ||
| Above Rs.15 Crore (i.e., for incremental amount above Rs.15 Crore) | 8.00% | Cash withdrawal charges at home/non-home branch unlimited** | ||
| Jana SFB | More than Rs. 10 crore and up to Rs. 20 crore | 7.55% | ICMA Savings Account | Complimentary Health Checkup |
| Complimentary OTT subscriptions | ||||
| Anywhere Banking | ||||
| No Fees Banking Services | ||||
| Free Unlimited ATM transactions | ||||
| Free online and branch transactions | ||||
| Free Cheque Book Card | ||||
| Ujjivan SFB | Above Rs. 5 lakh | 7.50% | Privilege Savings Account | Flexible eligibility criteria and balance maintenance options |
| Unlimited free fund transfer through Internet and Mobile Banking | ||||
| 25 FREE cheque leaves per quarter | ||||
| No additional charges for non- home branch transactions | ||||
| Unlimited free transactions across any bank ATM |
DIGITAL BANKING SOLUTION.
| COPERATE INTERNET BANKING. | Client can transfer funds without waiting for cooling period, client can get limit as per the requirement. |
|---|---|
| VAN SOLUTIONS | VIRTUAL ACCOUNT NUMBER Specially designed solutions for collections. |
| PAYOUT AND PAYIN SOLUTIONS | Collections of funds and paying of funds using banking solutions. |
| BULK PAYMENT | Client can send funds to N number of people just buy uploading the file |
CURRENT ACCOUNT
Zero balance current account
| Bank Name ZERO BALANCE CURRENT ACCOUNT. | ESCROW PROVIDING BANK |
|---|---|
| AU smalll finance bank | Yes Bank |
| Equitas small finance bank | HDFC |
| IDFC First bank ( 3 year AMB FREE ACCOUNT ) | AXIS ABK |
| AXIS BANK | ICICI BANK |
| Deutsche Bank | |
| AU Small Finance Bank | |
| Jana Small Finance Bank | |
| Escrow Current Account | |
| IndusInd Bank | |
Planning for insurance ??
