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Fixed Deposit

Compare FD rates across small-finance, scheduled and corporate FDs — DICGC-insured up to ₹5L.

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Run the numbers — no phone needed

Why Fixed Deposit via Praarabdh

Senior-citizen rate boost

Most partner FDs add 0.50% p.a. for senior citizens — we surface the best post-boost rate, not just the headline rate.

Laddering math

We help you split an FD into 12-month laddered tranches so liquidity + best-rate-rollover both work in your favour.

Tax-saving FD aware

5-year tax-saver FDs lock the money but give you ₹1.5 L 80C deduction. We model whether that beats your next-best 80C option.

Top 3 partner options — Fixed Deposit

Bajaj Finserv FD

8.65% (senior 8.90%)
Min ₹15,000
Cumulative + non-cumulative

HDFC Bank FD

7.10% (senior 7.60%)
Min ₹5,000
Auto-renew + sweep options

ICICI Golden Years

7.25% (senior 7.85%)
Min ₹10,000
Loan-against-FD available

Indicative figures. Actual offer depends on your profile. Praarabdh is a Data Fiduciary under the DPDP Act, 2023.

Fixed Deposit — frequently asked

Is the deposit insured?

Scheduled bank FDs are DICGC-insured up to ₹5 L per depositor per bank. Corporate FDs (Bajaj etc.) are not — but Bajaj has a CRISIL AAA rating.

What's the TDS situation?

Banks deduct 10% TDS if interest > ₹40,000 / year (₹50,000 for seniors). Submit Form 15G/15H if below the taxable threshold.

Can I withdraw early?

Yes — most FDs allow premature withdrawal with a 0.5-1% penalty on the applicable lower-tenure rate. Some specialty FDs are no-premature.

Cumulative vs non-cumulative?

Cumulative compounds quarterly + pays at maturity (best total return). Non-cumulative pays monthly/quarterly interest (good if you need income flow).

Ready to apply for Fixed Deposit?

One short form. We compare the panel for your profile. A real Praarabdh advisor calls within 48 hours.

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