Fixed Deposit Schemes for Women
A secure, stable future comes with safe investments and is crucial for every woman to be independent and self-sufficient. Fixed deposits provide a secure avenue for your money to grow, shielding it from unpredictable market fluctuations. Compared to other risk-free investment options.
FDs offer higher interest rates. Moreover, they are liquid investments, allowing you to withdraw funds in case of unexpected financial emergencies.
In addition to earning a regular income, women should explore investment options to increase their savings for the future. Fixed deposits remain a preferred option among the various investment choices available due to their guaranteed returns over the investment term.
At the end of the term, you will receive the principal amount along with accumulated interest.
Furthermore, Fixed Deposit Schemes offer additional benefits such as overdraft facilities, loans against FD, premature withdrawal options, and tax exemptions, enhancing the value of the investment.
Several banks and financial institutions have introduced attractive Fixed Deposit Schemes tailored explicitly for women, aiming to help them generate more income and develop saving habits.
Fixed Deposit Schemes for Women in India 2026
1. Shriram Finance – Women Fixed Deposit
The Shriram Finance provides a safe and reliable investment option for women, which helps them to grow their savings in an easy manner. It provides guaranteed returns, flexible tenure of 12 to 60 months, and the benefit of an additional interest rate of 0.05% for women depositors. You can easily open this FD online through the official website of Shriram Finance or on the mobile app by completing a simple KYC process.
Interest Rates for Women FDs
Tenure | Interest Rates |
12 Months | 7.05% |
15 Months | 7.30% |
18 Months to 23 Months | 7.20% |
24 Months to 35 Months | 7.30% |
36 Months to 60 Months | 7.65% |
Eligibility Criteria
- Should be 18 Years old or above
- Should be a resident of India
- Non-Resident Indians (NRIs) can invest through an NRO account (offline mode)
- In case of minors, the FD can be opened by parents or a legal guardian on their behalf
2. Airtel Finance – Women Fixed Deposit
The Airtel Finance provides women fixed deposit up to 7.90% p.a. This FD provides multiple benefits, including flexible investment options starting from Rs.1,000, a premature withdrawal facility, and capital protection through DICGC insurance coverage up to Rs.5 lakh. Women can easily open an FD instantly through the Airtel Thanks App by completing a simple KYC process and making the payment online.
Eligibility Criteria
- Should be a resident of India
- Should be 18 years or above
- Valid PAN card (mandatory for investments above Rs.50,000)
- Required KYC documents such as Aadhaar, Driving License, Passport, or other government ID
- Extra benefits for senior women (60 years and above)
3. Bajaj Finance Fixed Deposit for Women
Bajaj Finance Fixed Deposit for women offers attractive and competitive interest rates with tenures ranging from 12 to 60 months. Women investors can get various benefits such as guaranteed returns, flexible payout options, and additional perks such as loans against FD and premature withdrawal facilities. Moreover, it provides senior citizen women (over 60 years of age) with an increased interest rate.
Interest Rates for Women FDs
Tenure | Minimum Investment | Rate of Interest |
12 to 60 months | 15,000 | 6.41% p.a. to 7.30% p.a. |
Eligibility Criteria
- Any woman investor working in government or private, running a trust, business, or proprietorship, can apply for the Bajaj Finance Fixed Deposit for Women account.
- A minor girl child with a guardian can open a Bajaj Finance Fixed Deposit account for women.
- Female senior citizens, ex-service women, and widows can avail of this scheme at an additional interest rate.
FAQs on Fixed Deposit for Women
- What are the loan percentages available against non-cumulative and cumulative Fixed Deposits in Bajaj Finance Fixed Deposit for Women?
The loan percentages available against non-cumulative and cumulative Fixed Deposits in Bajaj Finance Fixed Deposit for Women are 60% and 75%, respectively.
- Is TDS applicable for homemakers who have a Fixed Deposit account?
Yes, TDS is applicable for homemakers who have a Fixed Deposit account if their income is Rs.10,000 or more.
- Are the tax exemption rules the same for women FD account holders?
Yes, currently, there are no specific tax exemption rules made for women FD account holders.
- Can a nominee withdraw the Women's Fixed Deposit in a bank prematurely?
If the women account holder of the Fixed Deposit is alive, then a nominee cannot withdraw the Fixed Deposit prematurely and receive the amount.
- Can only women open the Bhartiya Mahila Bank Fixed Deposit account?
No, while women are given preference, now anyone can open a Fixed Deposit account in Bhartiya Mahila Bank.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.