Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
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)
    Institution Name
    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
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 20 Years
    5% - 7.8% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.05% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹1Cr
    15 Days to 20 Years
    4.25% - 7.25% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7% Monthly compounding
    Response Time Within 30 minutes
    Features
    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
    Features
    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
    Features
    Highlights
    Documents
    Good to Know
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  • Fixed Deposit Receipt (FDR) is Rated as "Excellent!" by 1849 Users

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    Fixed Deposit BYTES FROM OUR KITCHEN

    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
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      I am able to do all my transactions online at State bank of India. I have a fixed deposit account and the process is easy. The features are good and when I contact them they are supportive. The services at the bank can be more proactive and quick to respond.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 14, 2017
    • HDFC Bank Fixed Deposit
      "Excellent"
      0.5 4.5/5 "Excellent!"
      I am having the fixed deposit account with the HDFC bank and the online banking services are good one too. I am happy with the HDFC bank till now. Online banking services are really good one with the HDFC bank.
      Was this review helpful? 6
      , bangalore
      Reviewed on Dec 07, 2017
    • Citibank Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the CITI bank and the rate of interest is lesser one . I would like to say that the online banking services are good one too and am happy with the deposits in CITI bank.
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 06, 2017
    • Lakshmi Vilas Bank Fixed Deposit
      "Better safety locker"
      0.5 5.0/5 "Blown Away!"
      Based on my savings account , I have got the Fixed deposit from the Lakshmi vilas bank. I have also got the safety locker with the Lakshmi vilas bank. I have this Fixed deposit for past 6months. I get the average interest rate with the Lakshmi vilas fixed deposit.
      Was this review helpful? 1
      , chennai
      Reviewed on Dec 05, 2017
    • review Fixed Deposit
      "Good Protection for future"
      0.5 4.0/5 "Great!"
      I invested 4 lakh in FD with Vishweshwar Sahakari bank, they are providing 8.5 to 9% of interest for the tenure period of 13 months, again reinvest in FD. Initially I went the branch and opened the FD account on same day or else they consider the maturity based on the date opened.
      Was this review helpful? 2
      , pune
      Reviewed on Dec 04, 2017
    • HDFC Bank Fixed Deposit
      "FD is pretty good"
      0.5 5.0/5 "Blown Away!"
      The return in this Bank's Fixed Deposite is pretty good. I believe their customer service is good. The good thing about this account is that I can take the money even during pre-mature stage. It's one of the good investment that I have made recently.
      Was this review helpful? 3
      , new delhi
      Reviewed on Dec 01, 2017
    • HDFC Bank Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I am having the fixed deposit account with the HDFC bank and the online banking services are very much convenient. I would like to say that the response is really good one for me with them. Everything is fine one with the HDFC bank
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Nov 29, 2017
    • Kotak Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the Kotak mahindra bank and the customer service is good one. Interest rate with the deposit is fine like its according to the market rate. Everything is good one with the Kotak mahindra bank.
      Was this review helpful? 3
      , ghaziabad
      Reviewed on Nov 29, 2017
    • Allahabad Bank Fixed Deposit
      "Good Returns"
      0.5 2.0/5 "Expected more"
      I had this Fixed Deposit with Allahabad Bank quite a while ago. The expected return was supposed to be pretty good. But I didn't complete maturity period as I needed the money to get myself a Land in my place. I was allowed to take the money before maturity period, but some amount was charges as a penalty and the rest amount was given to me.
      Was this review helpful? 3
      , pune
      Reviewed on Nov 28, 2017
    • HDFC Bank Fixed Deposit
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have been banking with Hdfc bank since 2016,they give the best service to the customers.I am using net banking and Mobile App us very comfortable to use.I maintain a minimum balance of 40,000,they give the Best rate of interest.Hdfc products are always best.
      Was this review helpful? 5
      , mumbai
      Reviewed on Nov 28, 2017
    • HDFC Bank Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with he HDFC bank and the response is good and I used to get the reminder on every month of time. Everything is fine one with hem. I am happy with the HDFC bank and I really dont have any issues on it.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Nov 28, 2017
    • Central Bank of India Fixed Deposit
      "Good Returns"
      0.5 5.0/5 "Blown Away!"
      I had this Fixed Deposit with Central Bank and they gave me 9% Interest over my investment and I took the Deposit for 3 years. Eventually I got good returns with them. Unfortunately, now they have reduced the interest rate to 6-6.5%. Another good thing about the FD was that I was able to take money before maturity period also.
      Was this review helpful? 3
      , ahmedabad
      Reviewed on Nov 28, 2017
    • SBI Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I took FD with SBI on 2015 and ended up with March 2017. I deposit 30K for a one time after the maturity they returned 35,000 rupees. I never had any issues with the customer service. The rate of interest was good with SBI. I directly went to the bank and said I would like to open a FD. They created immediately for me.
      Was this review helpful? 6
      , mumbai
      Reviewed on Nov 28, 2017
    • Canara Bank Fixed Deposit
      "3 years old"
      0.5 3.0/5 "Satisfactory"
      This has been good Bank that I have number of relationship with. I started with a Saving Accounts with them, followed by this Fixed Deposit. The Interest rate of 6.5% is not high, but a an alright one. I also have a Credit Card with them on the basis of this account,
      Was this review helpful? 2
      , new delhi
      Reviewed on Nov 25, 2017
    • Central Bank of India Fixed Deposit
      "Good returns"
      0.5 3.0/5 "Satisfactory"
      I deposited Fixed Deposit in two Banks some 3 years back and this is one of those two. Their Fixed Deposit account is pretty good and does the job fantastically. The rate of interest 6.5% is a little less compared to market standard, but then again the risk factors in this Bank are literally zero.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 25, 2017
    • Axis Bank Fixed Deposit
      "Need to improve"
      0.5 1.0/5 "Really Bad"
      I am having the fixed deposit account with the Axis bank and the customer service was not really good like they have to be get improved. I would like to say that the online banking system could be get improved. I have not faced any issues with them till now.
      Was this review helpful? 4
      , bangalore
      Reviewed on Nov 25, 2017
    • ICICI Bank Fixed Deposit
      "Great banking service"
      0.5 5.0/5 "Blown Away!"
      Totally I have 3 Fixed Deposit accounts with ICICI Bank. I am surprised where I can close my account by using online service. The interest rate was almost same like other public sector banks. No tax benefits, which are regular once here. I got a bonus points and very much happy with ICICI Service.
      Was this review helpful? 3
      , hyderabad
      Reviewed on Nov 18, 2017
    • SBI Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      As I'm a long time customer with State bank of India for around 12 years and as I liked their banking services so I started a fixed deposit with State bank of India few years ago for 6 years as a tenure. I pay Rs. 10000 annually and I get 1 lakh at the end of the term.
      Was this review helpful? 3
      , faridabad
      Reviewed on Nov 18, 2017
    • 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? 3
      , 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? 3
      , faridabad
      Reviewed on Nov 17, 2017
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