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    Nainital Bank Fixed Deposit Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 8.4% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    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
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Nainital Bank Fixed Deposit Rates
    Fixed Deposit BYTES FROM OUR KITCHEN

    Nainital Bank Fixed Deposit Rates

    Nainital Bank is a well-reputed entity that has been catering to the banking needs of customers since 1922. Nainital Bank fixed deposits (FDs) are a good investment option for all age groups. The great thing about this bank is that investors have a wide variety of deposit options, apart from the regular FD scheme. Some of the options include tax saver deposits, Naini Gold Sweep In and Naini Super Fixed. To apply for a FD in Nainital Bank, do so using internet banking or visit the nearest branch.

    Given below are the revised Nainital Bank fixed deposit rates for regular and senior citizens with effect from 25 May, 2018:

    Tenure Regular FD rate (per annum) Senior Citizen FD rate (per annum)
    7 days to 14 days 4.10% 4.60%
    15 days to 30 days 4.60% 5.10%
    31 days to 45 days 5.10% 5.60%
    46 days to 90 days 5.20% 5.70%
    91 days to 179 days 6.10% 6.60%
    180n days to 270 days 6.15% 6.65%
    270 days to 364 days 6.45% 6.95%
    1 year 6.90% 7.40%
    More than 1 year to 2 years 6.75% 7.25%
    Above 2 years to less than 3 years 6.40% 6.90%
    3 years to 10 years 6.30% 6.80%

    Types of Nainital Bank fixed deposits:

    1. Regular Fixed Deposit Account
    2. Naini Swarn Pushp Plan
    3. Naini Super Fixed
    4. Naini Gold Sweep In
    5. Reinvestment Deposit
    6. Short-term Plan
    7. Naini Tax Saver Scheme
    Naini Tax Saver Scheme
    Tenure Regular FD rate (per annum) Senior Citizen FD rate (per annum)
    5 years 6.30% 6.30%

    Nainital Bank short-term FD rates

    • There are different tenure ranges that one can choose from when it comes to short-term fixed deposits - from 7 days to less than 364 days.
    • The range at which interest is paid is from 4.10% p.a. to 6.45% p.a.
    • Those applying for short-term deposits will get the maximum interest rate of 6.45% p.a for investing in a term deposit from 270 days to less than 1 year.
    • For 180 days to less than 270 days, the rate is 6.15% p.a. and for 91 days to 179 days the bank rate is 6.10% p.a.
    • Those who want to go for shorter tenures, can choose to invest from 31 days to 45 days and 46 days to 90 days to gain at the rate of 5.10% p.a. and 5.20% p.a. respectively.

    Nainital Bank medium-term FD rates

    • The  rate of return is more for medium-term FDs with an investment duration that ranges from 1 year to 5 years.
    • The highest interest rate paid by Nainital Bank is 6.90% p.a. for an investment duration of 1 year.
    • The second highest rate paid is 6.75% p.a. for a tenure that is from above 1 year to 2 years.
    • For investing in a time deposit from more than 2 years to less than 3 years, the rate paid will be 6.40% p.a.
    • For any investment that is from more than 3 years to 5 years, the bank will pay at the rate of 6.30% p.a.

    Nainital Bank long-term FD rates

    • The interest rate that is paid for any term deposit that is for more than 5 years to 10 years is 6.30% p.a.
    • Those who are seeking a safe investment option for a longer duration can choose to go for this plan.
    • Any premature withdrawal made will attract a penalty at the rate of 1%.

    Nainital Bank senior citizen FD rates

    • Senior citizens will have the right to get 0.50% extra on all fixed deposit tenures that they choose to invest in.
    • The interest rate paid will be in the range of 4.60% p.a. to 7.40% p.a.
    • The highest interest rate paid for senior citizens by Nainital Bank is 7.40% p.a. for a tenure of 1 year.
    • For an investment tenure of more than 1 year to 2 years, the applicable rate is 7.25% p.a.
    • For 3 years to 10 years, the bank will pay those who are 60 years and above 6.80% p.a. However, in case of tax saver FDs, the rate paid will remain to be 6.30% p.a.

    NAINITAL BANK FD Rates Reviews

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