Question: How Can I Get Money From Fixed Deposit?

In a Fixed Deposit, the sum of money is blocked for the period of the deposit.

Banks allow depositors the flexibility to invest their funds from periods as low as 7 days to 10 years.

The interest rate on the deposit depends on the period for which the funds are placed with the bank.

How can I get maximum return from fixed deposit?

6 Steps To Earn More Money From Fixed Deposits

  • Open fixed deposits account online. You do get extra interest by opening an account online.
  • Look for company deposits.
  • Submit form 15g and 15h.
  • Apply for cumulative deposits.
  • Do not withdraw your deposits early.
  • Place deposit in the name of parents.

Which bank FD rate is high 2019?

Compare Fixed Deposit Interest Rates 2019 in India

BankFD Rate of InterestSenior Citizen FD Rates
HDFC Bank Fixed Deposit3.50% – 7.30%4.00% – 7.80%
ICICI Bank Fixed Deposit4.00% – 7.30%4.50% – 7.80%
Axis Bank3.50% – 7.20%3.50% – 7.85%
Kotak Bank3.50% – 7.20%4.00% – 7.70%

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Which bank is safe for fixed deposit?

Fixed Deposit Interest Rates

Bank nameTenureInterest rate (%) per annum
IDFC Bank91 days to 180 days6.75
Kotak Mahindra Bank181 to 363 days6.5
SBI180 to 210 days6.35
Axis Bank6 months to 8 months 29 days6.25

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Which FD rate is best?

DCB Bank FD Rates

TenureRegular CitizensSenior Citizens
More than 24 months to less than 36 months7.60%8.10%
36 months8.25%8.75%
More than 36 months to 60 months7.75%8.25%
More than 60 months to 120 months7.25%7.75%

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