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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
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.28% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 20 Years
    5% - 7.75% 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
    5.75% - 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
    6.5% - 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 1914 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

    • Indian Bank Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      I opened a fixed deposit with the Indian Bank. The deposit amount is 25000 and the tenure is 20 years, 25000. The interest rate is competitive and I opened the FD at the Indian bank branch. After 20 years I'll receive the deposit amount plus the added interest.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 14, 2018
    • Union Bank of India Fixed Deposit
      "Highly poor net banking services"
      0.5 0.5/5 "Unacceptable"
      Even if a customer dies at hospital, he has to visit the branch to get the FD money from bank account. This is my personal experience. I am trying to get my FD money to my account thru net banking, but customer service is advising me to visit branch first.
      Was this review helpful? 0
      , noida
      Reviewed on Jul 06, 2018
    • Canara Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I have my Fixed Deposit opened with Canara bank from last 6 months, i am happy with the services provided by Canara bank. I have deposited an amount of Rs 50000 as FD. Customer service is very good and they gave all the right information. I get 6.6% of interest as return on FD.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 29, 2018
    • South Indian Bank Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had a fixed deposit with the South Indian Bank. There is nothing special about the service. The interest they offer for the deposit is low. It is so easy to start a fixed deposit. Overall it has been a good experience with the fixed deposit. Staff were cooperative and very much helpful
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 27, 2018
    • Central Bank of India Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I deposited 50K as an FD in Central Bank of India. I haven't withdrawn the deposit and they provides annual interest for the FD. It was easy to start the FD and they also gave me a credit card based on the fixed deposit. Overall it has been a easy process opening FD with the Central Bank of India.
      Was this review helpful? 1
      , chennai
      Reviewed on Jun 25, 2018
    • review Fixed Deposit
      "FD with DBS"
      0.5 5.0/5 "Blown Away!"
      With DBS it was a hassle free experience. As for my fixed deposit the rate of interest which they are providing is 6.5% to 7%. There is no charges or penalty for the withdrawal with the maturity period.The interest will be estimated depend upon the tenure which we are choosing for.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 25, 2018
    • YES Bank Fixed Deposit
      "Better"
      0.5 4.0/5 "Great!"
      I had the fixed deposit account with the Yes bank and the interest rate is around 8.5%, also the customer service is good too. I would like to say that the response is positive one with the Yes bank, also I am really happy with them till now.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 23, 2018
    • YES Bank Fixed Deposit
      "Wonderful"
      0.5 4.5/5 "Excellent!"
      I am having the fixed deposit account with the Yes bank and the customer service is good too. Online banking services are fine one too and am really happy with them. Rate of interest for the fixed deposit is around 7% to 8%.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 23, 2018
    • Corporation Bank Fixed Deposit
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I've a fixed deposit with the CORPORATION bank. The deposit is 50000 an they offers 9% annum. I've deposited for the five years. It was easy to start the deposit but I am not happy with their services as they don't provide any additional benefits to their customers.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 18, 2018
    • Citibank Fixed Deposit
      "Better"
      0.5 5.0/5 "Blown Away!"
      I do have the fixed deposit account with the CITI bank and the rate of interest was not aware by my end. I would like to say that the online services are good one with the CITI bank. I am happy with them as such.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 13, 2018
    • RBL Bank Fixed Deposit
      "Best"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the RATNAKAR BANK limited and the interest rate is around 7.25%. The minimum tenure is around an year of time and there are no charges for locker, which made me really happy. I am really happy with the RBL.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 12, 2018
    • SBI Fixed Deposit
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I've Fixed deposit with the SBI, I deposited 50000. It was so easy to start a fixed deposit with them. 2 years. For senior citizen they offers 7% interest rate which is very low. They also provided me with a credit card with the FD which was also good.
      Was this review helpful? 3
      , chennai
      Reviewed on Jun 11, 2018
    • ICICI Bank Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I have the fixed deposit account with the ICICI bank and the response is good. I would like to say that the customer service is good one and the minimum tenure starts from seven days to fifteen days of time. I am happy with the ICICI bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 07, 2018
    • review Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      The benefits are good from the RELIANCE company mutual funds , the investment has better turn over and it is called benefit to reduce the tax. I hold the mutual funds from the reliance for more than a year and I would say it is good to have the mutual fund with the RELIANCE company.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jun 01, 2018
    • SBI Fixed Deposit
      "Good Service"
      0.5 2.0/5 "Expected more"
      I've a fixed deposit with the SBI. I deposited 60000 . I also got a credit card as a part of this fixed deposit.I never had any issues with the deposit. The deposit was opened with out any questions asked, they also give an annual interest for this deposit.
      Was this review helpful? 1
      , mumbai
      Reviewed on May 25, 2018
    • ICICI Bank Fixed Deposit
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have a Fixed Deposit with ICICI bank from last 15 years, my experience was good so far and i did not face any issues with this bank. I have taken this FD mainly for auto debit of the home loan. Customer service is good and they explained all the terms and conditions
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 24, 2018
    • SBI Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      I've a savings account with SBI. I started a Fixed Deposit with them. I started the FD for tax saving purposes. They do charge some normal annual interest rates of fixed deposit also I had never experienced any difficulty with their services.
      Was this review helpful? 2
      , chennai
      Reviewed on May 21, 2018
    • HDFC Bank Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      I've a fixed deposit with the HDFC bank for 1 Lakh, they offered an annual interest rate of 9.5% annual. They also offers special rates for Senior Citizen. Apart from the fixed deposit I hardly use the account. Overall their banking services are good.
      Was this review helpful? 2
      , chennai
      Reviewed on May 17, 2018
    • Axis Bank Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I have a Fixed Deposit with AXIS bank from last 3 months, i am happy with the service they provide. I get good returns on investments. Customer service was very good, they gave all the right information and guided me well. I will get 6.99% on returns after the maturity period.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on May 08, 2018
    • SBI Fixed Deposit
      "Average"
      0.5 3.0/5 "Satisfactory"
      State Bank Of India fixed deposit service is good. But I am not much comfortable with State Bank Of India process. State Bank Of Indiaonline portal is good, even the payments are through online. It was an average service from Sbi fixed deposit service.
      Was this review helpful? 1
      , pune
      Reviewed on Apr 25, 2018
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