Fixed Deposits (FDs)

Fixed Deposits (FDs) offer a secure and flexible way to grow your savings. With competitive interest rates and a minimum deposit of just 25,000, Monaksh FDs are accessible to investors of all types. You can choose from a variety of deposit tenures ranging from 7 days to 10 years to match your financial goals.

Interest Rates on Fixed Deposits

Fixed Deposit Interest Rates w.e.f. 31st January, 2025 (less than INR 3 Cr)

Tenure Regular Senior Citizen**
Interest Rates (%P.A.)* Annualised Yield^ Interest Rates (%P.A.)* Annualised Yield^
7 days to 14 days 3.25% 3.25% 3.25% 3.25%
15 days to 45 days 3.25% 3.25% 3.25% 3.25%
46 days to 90 days 3.25% 3.25% 3.25% 3.25%
91 days to 120 days 3.25% 3.25% 3.25% 3.25%

Features and Benefits of Fixed Deposit

When you open Monaksh FD, rest assured that you will get the following benefits:

1. Hassle free Instant booking – Book your FD online in 3 easy steps, you only need your PAN and Aadhaar details

2. High Interest rate – Earn best in class interest rate.

*Refer Interest Rate section for amount, tenure & interest rate

3. Auto – renewal option and multiple options for interest payment (monthly, quarterly, half-yearly, yearly or at maturity)

4. Complete you KYC instantly with our Video KYC facility – With Video KYC you can book an FD of any amount

5. Tax Saver FD – Book FD for 5 years & save your tax

Fixed Deposit (FD) Calculator Online

It is the most trustworthy option for those who are risk-averse but would like to diversify their investment portfolio, or simply begin their investment journey. FD interest rates is accrued on the principal or deposited amount over a fixed tenure.

5 years
Compound Frequency
Future Balance
?

Benefits of Fixed Deposits

  • Returns are unaffected by the market conditions
  • Flexibility in interest credit frequency on a monthly, quarterly, or annual basis
  • Flexible tenure as per convenience
  • 100% online application process

Trusted by millions of customers, Monaksh FD interest rates are most attractive

How to Apply for Fixed Deposit Account Online?

Apply for Monaksh online FD is easy. Open your FD account in these steps –

  • Register using mobile number
  • Provide both PAN card and Aadhaar card details
  • Enter principal amount to be deposited and complete your KYC using video KYC
  • Receive account confirmation and start growing your money
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