Fixed Despoit - Looking for suggestions!

Deal Lieutenant


I'm looking for best bank to start Fixed Deopsits.

Best returns + reliable.

Currently, using paytm indusind bank FD @ 7.50 PA

Provide you suggestions for best returns.

Thanks smile

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
12 Dimers
  • Sort By
Wingman Wingman
Link Copied

Small finance banks do provide more than 8%

Deal Cadet Deal Cadet
Link Copied

Try bajaj finance as I believe they have 8.35%

Deal Hunter Deal Hunter
Link Copied

If you want more than 8% , you need to invest in SFBs 

[Highest] Unity SFB 1001 days FD : 9% & 9.5% for Senior Citizens.

*Do your own research before investing 

Benevolent Benevolent
Link Copied
Bharatpe part owner iska ye vohi bank na?
View 1 more reply
Post Emperor Post Emperor
Link Copied

Only suggestion is to not do an FD

Benevolent Benevolent
Link Copied
Then what do you suggest for the debt part or for senior citizens?
View 4 more replies
Pro DealBaba Pro DealBaba
Link Copied

Rbl is giving 8% for everyone and 8.5 for senior citizens

Deal Subedar Deal Subedar
Link Copied

Utkarsh 8.5%. 9.1% seniors

Deal Subedar Deal Subedar
Link Copied

Equitas Small Finance Bank
8.5% for 444 days
8.25% for 888 days

Benevolent Benevolent
Link Copied

Not really sure of your intention of FD.

FDs are not meant for wealth creation. for wealth creation go for MFs thru SIP. But if you are looking to park your funds as contingency fund many small finance banks offer  good ROIs but consider their lock-in periods too.

Deal Newbie Deal Newbie
Link Copied

You can try Stable Money app for comparing multiple banks for best fd rates and you can apply online from the app too. Incase you need refferal for 200 Amazon voucher, do ping me... I had already invested more than 2L ...FD can be used as emergency funds

Deal Lieutenant Deal Lieutenant
Link Copied

Thank you all for your suggestions. 

Some of you were asking why I'm looking only for FDs, the fact is that I really don't know or not much aware about any other safe investment methods.

If any of you could help with some more details on other investment methods, it will be helpful. 

Like suggest a bank or platform with the method or type of investment I should choose. I will do the further research on that. 

Click here to reply