Company Fixed Deposit Rates in India 2018 - UdtaPaisa

Fixed Deposits

Fixed Deposits

Fixed deposits are the investments provided by the banks and also the non-banking financial companies where the investors receive a higher rate of interest than the savings account. It is one of the most used in investment scheme in India to invest the money for long-term benefits.

Regular Deposit upto ₹5 crore
Tenure (Months) Cumulative Option* ROI (p.a.) Non-Cumulative Option ROI (p.a.)
ROI (p.a.) Tentative yield to maturity Monthly Quarterly Half Yearly Annual
12 – 23 8.30% 8.30% 8.00% 8.05% 8.10% 8.30%
24 – 35 8.30% 8.64% 8.00% 8.05% 8.10% 8.30%
36 – 47 8.40% 9.13% 8.10% 8.15% 8.20% 8.40%
48 – 59 8.30% 9.52% 8.00% 8.05% 8.10% 8.30%
60 -71 8.45% 10.00% 8.15% 8.20% 8.25% 8.45%
72 – 84 8.30% 10.23% 8.00% 8.05% 8.10% 8.30%
120 8.25% 12.09% 7.95% 8.00% 8.05% 8.25%

Special Deposit upto ₹5 crore
Tenure (Months) Cumulative Option* ROI (p.a.) Non-Cumulative Option ROI (p.a.)
ROI (p.a.) Tentative yield to maturity Monthly Quarterly Half Yearly Annual
15 8.30% 8.42% 8.00% 8.05% 8.10% 8.30%
22 8.35% 8.62% 8.05% 8.10% 8.15% 8.35%
30 8.30% 8.84% 8.00% 8.05% 8.10% 8.30%
44 8.45% 9.45% 8.15% 8.20% 8.25% 8.45%
Fixed Deposit rate of interest: (w.e.f. 17 October 2018)

Tenor in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half-yearly Yearly
12 – 23 25,000 8.00% 7.72% 7.77% 7.85% 8.00%
24 – 35 8.15% 7.88% 7.93% 8.00% 8.15%
36 – 60 8.75% 8.42% 8.48% 8.57% 8.75%
Special tenors scheme
15 Months 1,00,000 8.05% 7.77% 7.82% 7.89% 8.05%

Rate benefits basis customer category (w.e.f. 17 Oct 2018):

+ 0.35% for senior citizens

+ 0.25% for Bajaj group employees or existing Fixed Deposit customers or loan customers

Renewal: +0.25% over and above the rate of interest at which the deposit is booked


Cumulative FD vs Non-cumulative FD:

Choose from Cumulative FDs (where interest is payable at the time of maturity) or Non-cumulative FDs (where interest may be payable at monthly, quarterly, half-yearly or annual basis).


Cumulative Non-Cumulative (Monthly)
FD amount Rs. 10,00,000 Rs. 10,00,000
Tenor 5 years 5 years
Interest rate 8.75% 8.19%
Interest earned Rs. 5,21,059 Rs. 4,09,500
Maturity amount Rs. 15,21,059 Rs. 14,09,500

A tax saver fixed deposit provides the tax deduction on the invested amount to the investors under section 80C of Income Tax Act. While the interest earned in FDs is taxable. It holds the maturity period of 5 years and premature withdrawal is not available. A tax saver FD can be opened both Singly and Jointly.

The benefit of having an FD account is that whenever the investor gets the income, he is always assured some rate of interest. Upto 90% of FDs can be availed as loans during Emergency. Banks may charge some penalty but it is easy to withdraw money from Fixed Deposits anytime.

The Fixed Deposits hold a flexible tenure. The investment in FDs can be made for less than 7 days even. The tenure options provided by all the banks are not same. And it is not required to have an account in the bank the investor wants to open an FD account.

Fixed Deposits have proved to be a better investment option as compared to Recurring Deposits. The return generated by FDs are comparatively higher than the return given by RDs. This is because the investment made in FD earns the interest for 1 entire year while in RDs, only the first deposit earns the interest for 1 year.

High risk life insurance is life insurance coverage that is available for those who are considered a higher risk to insure than other people. What defines a risk category? There are several categories that are considered high risk. They include:

High risk life insurance is life insurance coverage that is available for those who are considered a higher risk to insure than other people. What defines a risk category? There are several categories that are considered high risk. They include:

High risk life insurance is life insurance coverage that is available for those who are considered a higher risk to insure than other people. What defines a risk category? There are several categories that are considered high risk. They include:

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