Fixed deposit (FD) is a popular investment option in India, especially for risk-averse individuals seeking guaranteed returns. They offer a…
This blog post explains factors affecting interest rates on fixed deposits (FDs) in India, especially for ₹5 lakh deposits. Interest rates depend on tenure, bank/NBFC, FD type, negotiation for high-value deposits, and senior citizen status. The blog also provides a sample table of FD interest rates and how to use FD calculators to estimate maturity amount. Finally, it highlights additional considerations like penalties, taxes, and compound interest before choosing an FD.












