To create a FD at any bank, do you have to compulsorily open a savings a/c first?

Deal Subedar

Nowadays does any banks let you open an FD after completing KYC, but without opening a savings account first. Any info on this?

5 Dimers
  • Sort By
Deal Cadet Deal Cadet
Link Copied

Most of the banks allow if it’s high value fd

Pro Shopping Friend Pro Shopping Friend
Link Copied

They have to open FD irrespective of SB a/c.

Deal Cadet Deal Cadet
Link Copied

its better to open an SB acc with linked FD. AMB can be negotiated to zero & dont take debit card & disable sms alerts to avoid fees.

Entertainer Entertainer
Link Copied

Check your main post office FD schemes as well.