Cash lying idle in your bank account?
Invest as low as Rs. 1,000 in Mutual Funds and enjoy higher returns.
  • loading

    Jammu and Kashmir (J&K) Bank Fixed Deposit Rate
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    5% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Good to Know
    Jammu and Kashmir (J&K) Bank Fixed Deposit Rate

    Jammu and Kashmir (J&K) Bank Fixed Deposit Rate

    Jammu and Kashmir (J&K) Bank is a well-reputed bank that was established in 1938. The bank is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). J&K Bank offers a portfolio of financial services and this includes Fixed Deposits (FDs). The bank pays an attractive interest rate on all domestic term deposits that are less than Rs.1 crore, and also offers other benefits on their deposit schemes. This includes loan, nomination, joint account facility and premature withdrawal, among others. J&K deposits can be opened online and they provide internet banking services to all customers.

    Given below are the updated interest rates offered by J&K Bank for regular and senior citizen depositors with effect from 11 May, 2018:

    Tenure Regular interest Rate(per annum) Senior Citizen FD Rate(per annum)
    7 days to 30 days 5.00% 5.50%
    31 days to 45 days 5.50% 6.00%
    46 days to 90 days 6.00% 6.50%
    91 days to less than 365 days 6.25% 6.75%
    1 year to below 3 years 7.00% 7.50%
    3 years to 10 years 6.25% 6.75%

    *All the above rates are for deposits that are of less than Rs.1 crore.

    Important points

    • Rates are subject to change at regular time intervals based on the discretion of the bank.
    • All senior citizens will get an additional 0.50% interest on all Jammu and Kashmir fixed deposits.

    Jammu & Kashmir  Bank fixed deposit interest rates

    Jammu & Kashmir Bank pays a competitive rate of return on all fixed deposits and also offers other benefits such as quarterly interest payout options, etc. The bank offers short-term, medium-term and long-term deposits. Customers can choose the best interest rate and book a deposit accordingly. The highest FD rate offered by J&K Bank is 7.00% p.a. for deposits that are kept in the bank for a time period that ranges from 1 year to below 3 years. For the same tenure, senior citizens get the highest rate of 7.50% p.a.

    J&K Bank short-term FD rates

    • J&K provides customers a wide range of tenures to choose from and short-term FDs are also one among them.
    • This type of time deposit scheme is best for people who want to earn interest and not make a commitment for the long-term.
    • The tenure range for this slab is from 7 days to less than 1 year.
    • The rate of interest paid for this FD term ranges from 5.00% p.a. to 6.25% p.a.
    • The highest paying tenures range from 91 days to less than 365 days, where the bank rate paid is 6.25% p.a.
    • Those who make investments that range from 31 days to 45 days will get paid 5.50% p.a.
    • Regular deposits holders can gain at the rate of 5.00% p.a. for 7 days to 30 days.

    J&K Bank medium-term FD rates

    • Jammu & Kashmir Bank also offers medium-term FDs that are good for people who can keep their money in the bank for a reasonable period of time if not for a long-term.
    • The time frame for medium-term fixed deposits range from 1 year to 5 years.
    • The interest rate that is paid for medium-term deposits range from 6.25% p.a. to 7.00% p.a.
    • The best FD rate of 7.00% is offered for a tenure that varies between 1 year to less than 3 years.
    • On the other hand, those who invest money for a time frame that is anywhere between 3 to 5 years, will be paid 6.25%.

    J&K Bank long-term FD rates

    • Those who make investments in term deposits for more than 5 years will get paid at the rate of 6.25% p.a.
    • It is important to note here that in case of Jammu & Kashmir Bank, it is medium-term FDs that pay a lot more higher than long-term FDs.
    • For all deposits that are held for 6 to 10 years, the rate of interest paid is the same, which is 6.25% p.a.
    • The maximum tenure for this type of deposit scheme is 10 years and if customers want to make investments for a period more than that, then the deposit amount has to be renewed.

    J&K Bank senior citizen FD rates

    • All senior citizens with FD accounts in J&K Bank get attractive and higher rates of interest on all deposit tenures.
    • Those who are 60 years and above are eligible to apply for this type of deposit.
    • The tenure range offered ranges from 7 days to 10 years.
    • The interest rate paid varies from 5.50% p.a. To 7.50% p.a.
    • Pensioners can fetch an interest rate of 7.00% p.a on all fixed deposits that are held for a duration that extends from 1 year to below 3 years.

    Know more about J&K Bank term deposits

    Apply for Jammu and Kashmir Bank fixed deposits online

    It is very easy to apply for a term deposit online and this can be done online through the bank website. Existing account holders can easily open an FD account by logging on their internet banking accounts.

    Jammu and Kashmir NRO and NRE fixed deposits

    The bank also offers fixed deposits to Non-Resident Indians (NRIs) in the form of NRO and NRE FD accounts. Generally, the interest rates that are offered on them are pretty similar to what is paid on domestic term deposits. These accounts come with a repatriable facility.

    FCNR deposits

    J&K Bank also offers a wide range of FCNR accounts. All FCNR deposits can be maintained in most major foreign currencies in the world. This may include USD, CAD, AUD, EURO, and JPY. The interest that may be gained from such a deposit account is generally not subject to any type of tax in the home country.

    Jammu and Kashmir Bank Fixed Deposit Reviews

    Loading your search...

    Tell us about yourself & we'll find the best Fixed Deposit offers for you.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.