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

57°

Deal Cadet

708

2021-01-15

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

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5 Dimers

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devenddab 2021-01-15

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

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6290

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caks2006407 2021-01-15

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

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445

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pentiumd 2021-01-15

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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.

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saucap 2021-01-16

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Check your main post office FD schemes as well.