The Financial Concierge - Fixed Deposits
Why Fixed Deposits?

Not every rupee needs to chase a return.

Fixed deposits are among the simplest and relatively safe options for the conservative part of a portfolio, particularly when placed with established banks. They can be useful for short- to medium-term requirements, liquidity planning and money where predictability matters more than chasing higher returns. We believe some part of a well-structured debt portfolio can sit in fixed deposits. The allocation will differ for every investor, but FDs can provide a useful layer of stability alongside other debt investments. The right FD is not necessarily the one displaying the highest rate—it also matters who the deposit is with, how long the money is committed, premature-withdrawal terms and how the maturity fits into your cash-flow plan. We keep this page deliberately simple: compare the rates available to us, understand the tenure, and then decide what role an FD should play in your debt portfolio.

Rate Desk

Fixed Deposit Rates

We will update this table as current rates are received from the respective banks.

BANK / NBFC TENURE MONTHLY (%) QUARTERLY (%) HALF-YEARLY (%) FD RATE (% p.a.) SR. CITIZEN RATE (% p.a.) MIN DEPOSIT
Shriram Finance 12 months 6.64 6.68 6.74 6.85 7.35 ₹5,000
Shriram Finance 15 months 6.88 6.92 6.98 7.10 7.60 ₹5,000
Shriram Finance 18–23 months 6.83 6.87 6.93 7.05 7.55 ₹5,000
Shriram Finance 24–35 months 6.88 6.92 6.98 7.10 7.60 ₹5,000
Shriram Finance 36–60 months 7.25 7.30 7.36 7.50 8.00 ₹5,000
Bajaj Finance 12–17 months 6.41 6.44 6.49 6.60 6.95 ₹15,000
Bajaj Finance 18–30 months 6.64 6.68 6.74 6.85 7.20 ₹15,000
Bajaj Finance 31–60 months 7.16 7.20 7.27 7.40 7.75 ₹15,000
Mahindra Finance 12 months 6.40 6.45 6.50 6.60 6.85 ₹5,000
Mahindra Finance 18 months 6.40 6.45 6.50 6.60 6.85 ₹5,000
Mahindra Finance 24 months 6.65 6.70 6.75 6.85 7.10 ₹5,000
Mahindra Finance 30 months 6.65 6.70 6.75 6.85 7.10 ₹5,000
Mahindra Finance 36 months 7.15 7.20 7.25 7.40 7.75 ₹5,000
Mahindra Finance 42 months 7.15 7.20 7.25 7.40 7.75 ₹5,000
Mahindra Finance 48 months 7.20 7.25 7.30 7.45 7.80 ₹5,000
Mahindra Finance 60 months 7.20 7.25 7.30 7.45 7.80 ₹5,000
Suryoday SFB 1 year ——— 7.25 7.40 ₹1,000
Suryoday SFB Above 1 year–less than 18 months ——— 7.25 7.40 ₹1,000
Suryoday SFB 18 months ——— 7.80 7.95 ₹1,000
Suryoday SFB Above 18 months–2 years ——— 7.25 7.40 ₹1,000
Suryoday SFB Above 2 years–less than 30 months ——— 7.25 7.40 ₹1,000
Suryoday SFB 30 months ——— 8.10 8.25 ₹1,000
Suryoday SFB Above 30 months–3 years ——— 7.25 7.40 ₹1,000
Suryoday SFB Above 3 years–less than 5 years ——— 6.75 6.90 ₹1,000
Suryoday SFB 5 years ——— 8.25 8.50 ₹1,000
Suryoday SFB Above 5 years–10 years ——— 7.25 7.40 ₹1,000
Unity SFB 12 months ——— 7.50 8.00 ₹1,000
Unity SFB >12 months 1 day–500 days ——— 6.50 7.00 ₹1,000
Unity SFB 501 days ——— 8.00 8.50 ₹1,000
Unity SFB 502 days–18 months ——— 6.75 7.25 ₹1,000
Unity SFB >18 months–700 days ——— 6.75 7.25 ₹1,000
Unity SFB 701 days ——— 6.75 7.25 ₹1,000
Unity SFB 702–998 days ——— 6.75 7.25 ₹1,000
Unity SFB 999 days–34 months ——— 6.75 7.25 ₹1,000
Unity SFB >34–36 months ——— 6.75 7.25 ₹1,000
Unity SFB >36–60 months ——— 6.75 7.25 ₹1,000
Unity SFB >60–120 months ——— 6.00 6.50 ₹1,000
Important: Interest rates are indicative. Rates may change without prior notice.
For Shriram Finance, Bajaj Finance and Mahindra Finance, the FD Rate column represents cumulative ROI. Monthly, quarterly and half-yearly columns represent non-cumulative payout rates.
For Suryoday Small Finance Bank and Unity Small Finance Bank, the FD Rate column represents the general citizen FD interest rate.
Rates are per annum for retail deposits below ₹3 crore. Please confirm applicable rates, tenure, premature withdrawal conditions and other terms with the respective issuer before investing. Interest earned is taxable as per applicable law.
Shriram Finance additionally advertises up to 0.05% additional interest for women depositors. This additional benefit is not separately included in the above table.

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