Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
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    We found 112 Fixed Deposit Receipt (FDR)
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    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
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    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
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    Highlights
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    Up to ₹1Cr
    7 Days to 20 Years
    5% - 7.8% Quarterly compounding
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    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
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    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.05% Monthly compounding
    Response Time Within 30 minutes
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    Good to Know
    Up to ₹1Cr
    15 Days to 20 Years
    4.25% - 7.25% Monthly compounding
    Response Time Within 30 minutes
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    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7% Monthly compounding
    Response Time Within 30 minutes
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    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.5% - 6.8% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6% - 6.75% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year onwards
    6.25% - 6.5% Monthly compounding
    Response Time Within 30 minutes
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    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.30% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.80% Quarterly compounding
    Response Time Within 30 minutes
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  • Fixed Deposit Receipt (FDR) is Rated as "Excellent!" by 1827 Users

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    Fixed Deposit Receipt (FDR)

    Fixed Deposit Receipt (FDR)

    As one of the most common savings and investment options used by individuals, fixed deposits are risk free and offer guaranteed returns. Fixed deposits provide investors with an interest rate that is higher than what is offered on normal savings accounts. The maturity value of a fixed deposit is based on the date of maturity chosen by the individual. Individuals opt for fixed deposits as they are not risky and also provide assured returns, even if these returns are not very high such as those provided by mutual investments and equities.

    Applicants can procure Fixed Deposits by visiting their bank or even on their bank’s website as many banks have enabled the facility of providing fixed deposits online. Once applicants apply for their fixed deposit scheme and all formalities are complete, they will receive a fixed deposit receipt as an acknowledgment. This is an important document and should be kept safely.

    What is a Fixed Deposit Receipt?

    A Fixed Deposit Receipt (FDR) is nothing but a document provided by the bank after the applicant procures a fixed deposit scheme from their bank. This document contains details such as the individual’s name, age, address, details of the scheme chosen by them such as deposit amount, tenure and interest rate applicable on the deposit and so on.

    What are the Components and Importance of a Fixed Deposit Receipt?

    A Fixed Deposit Receipt contains all the details related to the deposit option procured by the individual. These details include:

    • Name of the applicant
    • Age of the applicant
    • Account Number of the applicant
    • Amount of principal that has been placed
    • Rate of Interest that is applicable
    • Date of Maturity
    • Amount of interest that the individual will receive on maturity
    • Instructions regarding maturity date such as account transfer or rollover amount

    The Fixed deposit receipt acts as an acknowledgment and proof of the ownership of the fixed deposit account by a particular individual.. Apart from this, this receipt contains every single detail pertaining to the fixed deposit such as interest applicable, term and so on. Hence this receipt is a very important document and must be in the possession of the applicant.

    Things to Check in a Fixed Deposit Receipt

    When individuals receive their Fixed Deposit Receipt, the following are the things that they need to check for:

    • Term and interest rate offered - Although this is a basic component of the receipt and may already be known to the customer, it is important to check these details again. This has to be given priority especially when individuals are renewing their fixed deposit scheme as certain rates may be discontinued by the bank.
    • Auto renewal and date of maturity - It is convenient for individuals to opt for auto renewal if they have a guaranteed salary every month as it saves on hassle and time during the next renewal. Also, date of maturity is another detail that should not be missed by individuals as this will help them plan out their financials better and also with regard to the day they can withdraw their fixed deposit investment.
    • Penalty for Prepayment - Banks sometimes charge a penalty on their fixed deposit if prepayment has been done. For example, if a bank charges 1% as the penalty for prepayment and individuals withdraw their fixed deposit (valued at 9%) after a period of 6 months, then they will receive an interest rate of only 6%, assuming the bank provides 7% as the interest for a 6 month FD.
    • Nomination - The receipt must provide details of the nomination in case the individual has made one. In the event of the unfortunate death of the individual, his/her nominee will receive the proceeds of the fixed deposit.
    • Declaration to save TDS - Tax at source is deducted by the bank in case the income from interest is over Rs.10,000. In case an individual’s income falls into the bracket of ‘no income tax’ then declaration through Form 15G or Form 15H can be submitted and this must be mentioned in the receipt.

    Frequently Asked Questions on Fixed Deposit Receipt

    1. Can a fixed deposit be procured online?

      Yes, numerous banks offer customers the option to procure a fixed deposit scheme through their online banking facilities.

    2. Does the fixed deposit receipt provide information related to nomination?

      Yes, the fixed deposit receipt contains all details of the nominees provided by the individual. These nominees receive the funds in case of the holder’s untimely death.

    3. Does the fixed deposit receipt provide information about tax declaration?

      Yes, the fixed deposit receipt contains information regarding the tax that may or may not be deducted and also declaration to save tax, if any.

    4. Do applicants receive tax benefits when they procure a fixed deposit?

      Yes, applicants receive tax benefits when they procure a plan with tenure of over five years. These details may vary from bank to bank and is more prudent for the individual to enquire at the bank again.

    Customer Reviews

    • SBI Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      As I have a savings account with State Bank of India I started a fixed deposit account with them. But I'm really not sure about the interest rates they provide me but it's good for both my FD accounts in this State bank of India as well as the other bank IOC.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 17, 2017
    • Axis Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      Even though I don't like the saving account with Axis bank as there is a minimum balance of Rs. 10000 has to be maintained I like the fixed deposit account with Axis bank as that process is simple and smooth and I have it for 2.5 years and also they pay good interests rates of 7.5%.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 17, 2017
    • Axis Bank Fixed Deposit
      "Best"
      0.5 5.0/5 "Blown Away!"
      I am using Axis FD service for last 15 years. The amount differs for a fixed deposit. The interest rate was vey high than other nationalized banks. They providing more benefits to the customers. There is no issues with Axis and am completely satisfied with the service. The most interesting feature is they auto renew the policy or they pay extra charges for late 15 days.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 16, 2017
    • SBI Fixed Deposit
      "Average account to use"
      0.5 3.0/5 "Satisfactory"
      The rate of interest which I got from SBI Fixed deposit was good and I got the amount on time. The rate of interest was 9% when I got the fixed deposit from State bank at present it got reduced because the RBI new Scheme. The customer support need to be improved with SBI. I would say it is trusty worthy to have an FD account with SBI.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2017
    • SBI Fixed Deposit
      "Excellent in service , hike in interest rate"
      0.5 4.0/5 "Great!"
      I have invested in fixed deposit with the State bank of India, also the interest rate is depends for the fluctuation of market sector. I would like to say that the investments are really transparent with them, also I dont have any issues on it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2017
    • SBI Fixed Deposit
      "Fixed deposit"
      0.5 4.0/5 "Great!"
      SBI Fixed Deposit is the first thing that I would look out for, we can book the FD online, I even get the FD bond online it is created automatically too . They provide the best rate in the industry . Further more , we get the options to change the maturity instructions online too. Not sure about the tax benefit. When I placed a request for liquidation, I got my funds back immediately and this FD was opened a couple of years back.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 14, 2017
    • SBI Fixed Deposit
      "Average"
      0.5 3.0/5 "Satisfactory"
      I am having the fixed deposit account with the State bank of India and I would like to say that they are average one . I would like to say that everything could not be up to the mark. Online services are really good one with the State bank of India.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 14, 2017
    • andhra Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      From the Andhra bank, I am holding the fixed deposit account from the last three years of time. I would like to say that the response could be get improvised, also there are no worries on it. Its the typical government bank.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 14, 2017
    • ICICI Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I am holding the fixed deposit account with the ICICI bank from the last five years of time. I would like to say that the response is also good one and everything is up to the mark. I am really happy with the ICICI bank fixed deposit.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 14, 2017
    • HDFC Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I am having the fixed deposit account with the HDFC bank and am holding it from the last five years of time. I would like to say that the rate of interest was reduced around up to 7.5% as cumulative one, which is an average one.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Nov 14, 2017
    • andhra Bank Fixed Deposit
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I hold a Fixed deposit account with Andhra Bank and the banking process is really nice. The bank is very supportive and very beneficial too. I get a good rate of interest on this account and there are no charges related to this account. Overall no issues.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 13, 2017
    • review Fixed Deposit
      "Not too good on the rate"
      0.5 2.5/5 "Just OK"
      I have a fixed deposit with City union bank and the interest that they have for it is not a reasonable rate and i feel that they should be providing a better rate for it. The service was however good at the time of the account being open and the response received was good.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 11, 2017
    • SBI Fixed Deposit
      "Great experience"
      0.5 5.0/5 "Blown Away!"
      Liquidation is quite interesting with SBI because as soon as i placed a request for breaking my FD, in the next 2 minutes funds were sent to my account on time and it was simple too. Online I had a placed for the BREAKNG FD and foreclosure charges were very meager as they hardly charged rs 150 as the charge.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • HDFC Bank Fixed Deposit
      "Fixed deposit"
      0.5 5.0/5 "Blown Away!"
      HDFC Fixed Deposit is good, as every one can invest in FD the interest rate at that time was 6.5% for a short tenure. I am pretty sure for the long tenure they will provide tax benefits. I had placed a request for this FD through online through my account i can view my maturity information online. I remember placing a request for change of nominee online once.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2017
    • SBI Fixed Deposit
      "Not satisfied"
      0.5 2.5/5 "Just OK"
      I have a fixed deposit with State Bank Of India and i would definitely say that the experience has not been satisfactory. Being a government bank i feel that they are not focused on improvement and the service is not up to the mark. Their banking work is always delayed.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 09, 2017
    • Post Office Fixed Deposit
      "Good returns"
      0.5 4.5/5 "Excellent!"
      I had a Fixed Deposit with Post Office a few time back, and found the return to be pretty satisfying. I found the overall experience with them to be pretty good and didn't face any issue at all. I found this account to be good return for the investment I made.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 08, 2017
    • DHFL Fixed Deposit
      "Good FD to have"
      0.5 3.0/5 "Satisfactory"
      I have a Fixed Deposit account with DHFL and felt the experience to be pretty good. I am expecting a very good return for the money I am investing in. I heard they have one of the best interest rate in the market. Overall the experience with them is good.
      Was this review helpful? 0
      , motihari
      Reviewed on Nov 07, 2017
    • SBI Fixed Deposit
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      As I have a savings account with State Bank of India which is being maintained for the last 4 years, I also started a fixed deposit account with State Bank of India. Their services are good and no problems with them so far and they are providing 8% to 10% as interest for the fixed deposit.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 07, 2017
    • Indian Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I am having the fixed deposit account with the Indian bank and the services are good one with them. I have not faced any issues nor any drawback with the Indian bank system also I would like to comment that their online banking services are really good with them.
      Was this review helpful? 0
      , kanchipuram
      Reviewed on Nov 04, 2017
    • SBI Fixed Deposit
      "Good overall"
      0.5 3.0/5 "Satisfactory"
      Being a government sector bank, State Bank of India is a bit average. But overall it is okay. I hold a fixed deposit account and it was a hassles free process to open this account. There is a lock in period of one year. After a year once can choose to close it or continue.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 01, 2017
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