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
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 20 Years
    5% - 7.8% Quarterly compounding
    Response Time Within 30 minutes
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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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    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.05% Monthly compounding
    Response Time Within 30 minutes
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    Documents
    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
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    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
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    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
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  • Fixed Deposit Receipt (FDR) is Rated as "Excellent!" by 1801 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

    • HDFC Bank Fixed Deposit
      "Smart Investment"
      0.5 5.0/5 "Blown Away!"
      I am holding it for shorterm period its good. I have activated the amount through FD I almost invested close to 1 lakh, they giving the interest around 6.5%. It has tenure of one year. Its a liquidity any term, I could withdraw it from 7 days to 365 days.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 17, 2017
    • ICICI Bank Fixed Deposit
      "Good "
      0.5 5.0/5 "Blown Away!"
      I have opened my fixed deposit with ICICI bank. There transaction is very fast with very helpful and user friendly application. I got a FD receipt. I never tried to foreclose the fixed deposit. I am happy with the service, No issue till now from ICICI.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 16, 2017
    • Bank of Baroda Fixed Deposit
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have a fixed deposit account with Bank of Baroda and the process to get this account done was easy. The customer services are good and the interest rate is also to my satisfaction. I have taken a loan recently on this account. It just took half an hour for the process for the loan.
      Was this review helpful? 0
      , dhanbad
      Reviewed on Oct 14, 2017
    • SBI Fixed Deposit
      "Good Service"
      0.5 4.0/5 "Great!"
      As I have been maintaining my savings account with State Bank of India for nearly 4 to 5 years I have also started a Fixed Deposit account with State Bank of India as I liked their services. I have deposited Rs. 20000 annually and they give 7 to 8 % as interests.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 14, 2017
    • SBI Fixed Deposit
      "Easy process and good services"
      0.5 5.0/5 "Blown Away!"
      I have invested two lakhs at State Bank of India. It was a easy process to open this fixed deposit account. If I want to close the account, I can do so only after six months. I was not keen on checking on the interest rates, as I just wanted my money to be safe in the bank.
      Was this review helpful? 0
      , tirupati
      Reviewed on Oct 12, 2017
    • ICICI Bank Fixed Deposit
      "excellent service"
      0.5 5.0/5 "Blown Away!"
      I have opened my fixed deposit through online ,I never contacted any of their representatives. There transaction is very fast with very helpful and user friendly application ,overall service is excellent from ICICI. No issue till now from ICICI.
      Was this review helpful? 0
      , delhi
      Reviewed on Oct 07, 2017
    • SBI Fixed Deposit
      "Fixed with SBI"
      0.5 4.0/5 "Great!"
      SBI provides good service for the customers who are handing a fixed deposit with SBI.I have a good experience with SBI in the state of fixed deposit.The rate of interest is also seems very standard and well classified.It is actually a recommendable one for all who are planning for an FD.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Oct 04, 2017
    • SBI Fixed Deposit
      "Average"
      0.5 3.0/5 "Satisfactory"
      I had the fixed deposit account with the State bank of India and the interest rate was around 7.5%. Customer service is also good one for me and their responsiveness too. Online banking services are good one for me with them.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 03, 2017
    • Corporation Bank Fixed Deposit
      "average service"
      0.5 3.0/5 "Satisfactory"
      Service is very good ,response of their representatives was very good and responsible. They have some problem with their online application during the payments and other transactions are very slow with their application ,still overall service is good from CORPORATION bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 30, 2017
    • HDFC Bank Fixed Deposit
      "FD account"
      0.5 5.0/5 "Blown Away!"
      HDFC FD is really good, I have got a competitive interest rate also everything is prefect here. I am not getting tax benefit, but I am holding this FD for a period of 2 to 3 months. No compliments were offered. I had placed a request for the FD online and the interest rate is 6.75%.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 29, 2017
    • Post Office Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I do have the Fixed deposit account with the India post office. Interest rate is more than bankers with them. I would like to say that the customer service is very average one and that has to be get improved more, also they need to work on it.
      Was this review helpful? 0
      , noida
      Reviewed on Sep 28, 2017
    • IndusInd Bank Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I do have the Indusind bank fixed deposit account and within a day of time the account got opened. I would like to say that the response is good one for me with them and their customer service is also fine one with them.
      Was this review helpful? 0
      , noida
      Reviewed on Sep 28, 2017
    • ICICI Bank Fixed Deposit
      "GOOD "
      0.5 4.0/5 "Great!"
      For the fixed deposit in the kotak mahendra bank was real good experience it was and also the customer service was real good . I took a Fixed Deposit of rupees 20,000 i paid it only for one time . I took it for 4 years but i broke the FD for some personal reason . I like the over experience .
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 28, 2017
    • SBI Fixed Deposit
      "FD account"
      0.5 5.0/5 "Blown Away!"
      I have had opened a FD were an executive came to my place, I had filled the FD FORM and signed it and my request was accepted.The reason for choosing SBI for FD was because SBI provides the best interest rate they provide perfect details about FD. I provided 2 photos and one cancelled cheque and adhaar card for opening this FD.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 26, 2017
    • IndusInd Bank Fixed Deposit
      "Fixed depost"
      0.5 5.0/5 "Blown Away!"
      With INDUDIND, I am holding a NRE so based on which they offered a NRE rate. This was opened and closed. This request was placed online no challenges nor any issues. I did not get any tax benefit for this FD. It was opened on the basis of NRE....
      Was this review helpful? 0
      , thane
      Reviewed on Sep 23, 2017
    • SBI Fixed Deposit
      "My FD"
      0.5 4.0/5 "Great!"
      SBI FD is fine i am holding this SBI FD for about 6 years no drawback nor any Challenges. the rate of interest has come down i have started 9.25% but this year 6.5% flat. it is very easy to book FD online liquidation can be done through online option thee is an option to transfer the amount directly
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 21, 2017
    • Federal Bank Fixed Deposit
      "Nominal interest"
      0.5 4.0/5 "Great!"
      I have invested Rs.50,000 in Federal Bank FD account, it has the tenure of five years, they told they would provide 6.5% of interest for the fixed deposit account. It is not that much great. I am an existing customer of the bank, hence I opened FD with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • HDFC Bank Fixed Deposit
      "Its Convenient"
      0.5 5.0/5 "Blown Away!"
      I have taken Fixed deposit from HDFC, I have invested Rs. 10 Lakhs for the tenure of one year, I went to the branch and opened the FD account, my relationship manager helped to open it within two days of time. They are providing 7.5% of interest of one year but I could withdrawal it anytime but some charges applicable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 20, 2017
    • HDFC Bank Fixed Deposit
      "Good for deposits "
      0.5 5.0/5 "Blown Away!"
      We can save and have fixed deposit with less rate of interest in HDFC bank they give benifiatials based on the amount that we deposit .We can with draw and the interest will be added with the minimal balance .I have been using this bank services for a longer time its good i with draw when i need with out any hassle .
      Was this review helpful? 0
      , gurgaon
      Reviewed on Sep 16, 2017
    • Lakshmi Vilas Bank Fixed Deposit
      "Good savings"
      0.5 5.0/5 "Blown Away!"
      I have invested Rs. 3 lakhs it has the tenure one year,I am holding Fixed deposit around Rs. 3 months. After maturity I well receive the interest of 8% and investment amount credits to my account, I am working as a staff in the same bank, hence they provides 8% as a staff for other they give 7% and for senior citizen 7.5% of interest.
      Was this review helpful? 0
      , rajapalayam
      Reviewed on Sep 13, 2017
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