Reliance Finance Limited Fixed Deposit (FD)
Reliance Finance Limited offers fixed deposits to its customers to help them earn assured returns at high interest rates. You can open a fixed deposit account for a tenure that ranges between three months and five years.
Features of Reliance Finance Limited Fixed Deposit (FD)
The various features of fixed deposits offered by Reliance Finance Limited are as follows:
- Fixed deposits are not impacted by the fluctuations in the market.
- Avail of high interest rates.
- No risk of losing principal.
- Avail of loans against fixed deposit up to 80%.
- Fixed deposit returns are guaranteed.
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The interest rates for Individual Fixed Deposit are mentioned below:
Period | Monthly Interest Rates (p.a.) | Quarterly Interest Rates (p.a.) | Interest Rates On Maturity (p.a.) |
3 months | 11.60% | 11.60% | 11.60% |
6 months | 11.70% | 11.70% | 11.70% |
9 months | 11.80% | 11.80% | 11.80% |
12 months to 23 months | 11.90% | 11.90% | 11.90% |
24 months to 35 months | 12.00% | 12.00% | 12.00% |
36 months and above | 12.25% | 12.25% | 12.25% |
*Note : Interest rates are effective from March 2023.
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The interest rates for Corporate Fixed Deposit are mentioned below:
Period | Monthly Interest Rates (p.a.) | Quarterly Interest Rates (p.a.) | Interest Rates On Maturity (p.a.) |
6 months | 9.70% | 9.70% | 9.70% |
9 months | 9.80% | 9.80% | 9.80% |
12 months to 23 months | 9.90% | 9.90% | 9.90% |
24 months to 35 months | 10.00% | 10.00% | 10.00% |
36 months and above | 10.25% | 10.25% | 10.25% |
*Note: Interest rates are effective from March 2023.
FAQs on Reliance Finance Limited Fixed Deposit
- What are the different types of fixed deposits offered by Reliance Finance Limited?
Reliance Finance Limited offers two types of fixed deposits namely, Individual Fixed Deposit and Corporate Fixed Deposit.
- What are the interest rates on fixed deposits offered by Reliance Finance Limited?
The interest rates on fixed deposits offered by Reliance Finance Limited ranges between 9.65% p.a. and 11.65% p.a.
- Can I take a loan against my fixed deposit?
Yes, you can take loans against your fixed deposit.
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