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Home > Fixed Deposits

Fixed Deposit (FD)

A Fixed Deposit (FD) is a secure investment option where you deposit a lump sum amount for a fixed period and earn guaranteed interest at a predetermined rate.

  • Guaranteed Returns: Earn a fixed interest rate, ensuring steady and secure growth.
  • Flexible Tenure: Choose a deposit period ranging from a few days to several years.
  • Safe Investment: Low-risk savings option with capital protection and assured earnings.

Key Features of Fixed Deposit

A Fixed Deposit (FD) offers secure investment with guaranteed returns, flexible tenure, easy withdrawals, and loan facilities for financial convenience.

Flexible Deposit

Choose between short-term or long-term deposits with monthly or quarterly interest payouts.

Custom Tenure

Select a deposit period ranging from 7 days to 10 years based on your financial goals.

Easy Withdrawal

Avail partial withdrawal or premature closure as per bank terms.

Loan Facility

Get a loan or overdraft against your fixed deposit when needed.

Auto Renewal

Continue your investment seamlessly with automatic renewal options.

Simple Access

Open an FD conveniently via Internet Banking, Phone Banking, or a bank branch.

Tips to master your business finances

Zero Opening Fee

Open your account with no initial charges.

Attractive Interest

Earn a 6% annual interest rate on your savings.

No Maintenance Fee

Enjoy hassle-free account management with zero annual charges.

Eligibility Criteria

Indian Citizen

Must be an Indian citizen with a valid Aadhaar and PAN card.

Minimum Age

Individuals must be 18 years or older to apply.

Valid Documents

Aadhaar and PAN card are mandatory for account opening.

Documents required

Aadhar Card
PAN Card
Address proof
2 references
Passport size photograph
Documents of parents if minor (age below 18)

Benefits

Secure Savings

Keep your money safe while earning interest.

Easy Accessibility

Manage your account online or at any branch.

Financial Flexibility

Enjoy features like withdrawals, loans, and overdrafts.

Your burning question, answered

If you’re new or looking for answers to your questions, this guide will help you learn more about our services and their features.
Why should I care about financial planning?
Financial planning is essential because it helps you achieve your financial goals and secure your financial future.
There are different types of investment vehicles, such as stocks, bonds, mutual funds, and real estate, each carrying different
The earlier you start saving, the longer your money can earn interest and grow.
An emergency fund is cash that’s set aside to cover the cost of unexpected, and often expensive, events.
What can I use a personal loan for?
Many people apply for a low-interest personal loan to consolidate high-interest credit card debt.
A personal loan is a loan offered by many banks, credit unions, or online personal loan lenders and typically range from $5K-$100K.
Applying for personal loans online or at your financial institution will require meeting your lender’s criteria.
The answer depends on a wide range of factors, which mainly includes the type of lender and your credit score.

Digital banking, wherever life takes you

The process for opening a bank account may vary slightly depending on the bank. However, the general steps involved in opening a bank account.
Download App

Download app. It will work for windows, Mac and androids.

01
Create Your Account

Secure online account opening, mobile banking.

02
Start Banking

Set up online banking and watch your money grow

03

Vidarbha Credit Co Operative Society