Invest in Fixed Deposit with Guaranteed Returns
Start investing in secure, high-yield Fixed Deposits with Upstox in just minutes. Backed by top Banks and NBFCs, the FDs offer guaranteed returns, diversification, and capital protection.
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Invest in Top FDs with Upstox
Shriram Finance
NBFC
Mahindra Finance
NBFC
Bajaj Finance Ltd
NBFC
Suryodaya Small Finance Bank
Small Finance
Utkarsh Small Finance Bank
Small Finance
Why Should You Invest in FDs?
FDs have been a popular investment choice for Indians due to the safety and consistency of returns. Here is why you should consider investing in FDs:
Stable Income
You get steady income through regular payouts, helping build a large corpus over time.
Low-Risk Investment
Your principal is secure, and the returns are unaffected by market volatility.
Reliable for Financial Goals
FDs help attain short and long-term goals, such as emergency funds and retirement planning.
Liquidity
You can withdraw anytime (after deducting a small penalty).
Tax Benefits
Tax-saving options offer up to ₹1.5 lakh deductions from your taxable income.
Benefits for Senior Citizens
Higher interest rates and regular income options are available for seniors.
Why Choose Fixed Deposits on Upstox?
Here are multiple reasons why investing in an FD on Upstox can be an excellent idea:
Quick and Seamless Process:
You do not need to visit your bank's branch, website or app. Everything is carried out seamlessly on the Upstox platform.
Compare and Select
You can select from the top banks and NBFCs. It is easy to compare returns, tenure, and other terms and conditions.
High Returns
Upstox offers high returns up to 8.8%, one of the highest in the market, so you can easily beat inflation.
Unlock the Investment Secrets
Upstox offers exclusive insights and tips to help you become a top 1% FD investor.
Investment Tracking
You remain on top of your portfolio through interactive dashboards. It is possible to monitor average returns, total interest earned, payment dates, and more, all in one place.
Complete Financial Planning
You can use the Upstox calculators for long-term planning, placing redemption requests, and viewing penalties on earlier redemptions so that you can make informed financial decisions.
Quick and Seamless Process:
You do not need to visit your bank's branch, website or app. Everything is carried out seamlessly on the Upstox platform.
Compare and Select
You can select from the top banks and NBFCs. It is easy to compare returns, tenure, and other terms and conditions.
High Returns
Upstox offers high returns up to 8.8%, one of the highest in the market, so you can easily beat inflation.
Unlock the Investment Secrets
Upstox offers exclusive insights and tips to help you become a top 1% FD investor.
Investment Tracking
You remain on top of your portfolio through interactive dashboards. It is possible to monitor average returns, total interest earned, payment dates, and more, all in one place.
Complete Financial Planning
You can use the Upstox calculators for long-term planning, placing redemption requests, and viewing penalties on earlier redemptions so that you can make informed financial decisions.
FD Calculator
Calculate your compound interest.
How to Book an FD on Upstox?
It is quite simple, just follow these steps:
You might be asked to complete VKYC (a one-time process) for bank FDs. No visits to the branch, just simple, secure investing.
Must know facts about FDs (Top 1% FD investor)
Must know facts about FDs (Top 1% FD investor)
Interest payout cycles
FD interest will be credited only on certain dates irrespective of your FD start date
Compounding
Banks may compound Interest differently for their cumulative plans and the smaller the frequency the better is for the customer.
Early exit clauses
You always get lower rate than actual in case you break your FD before maturity, even when the early exit penalty by the bank is Zero.
FD insurance of 5L
All bank FDs are insured up to 5L by the DICGC (an RBI subsidary).
Taxation
Interest income from fixed deposits is fully taxable. It is added to your income and gets taxed at the slab rates applicable to your total income. This income is to be reported under the head 'Income from Other Sources' in your Income Tax Return.
Special FDs
Many Indian banks offer higher interest rates on 'special tenure' FDs with unconventional durations like 400 or 444 days, compared to standard one or two-year deposits. By carefully scanning a bank's entire rate card,investors can capture these superior rates, a strategy banks use for their own fund management.