About Fixed Deposit
🏦 Fixed Deposit (FD) – A Safe Investment Option
Fixed Deposits (FDs) are among the most trusted investment avenues, especially for conservative investors seeking stable returns and low risk.
📌 What Is a Fixed Deposit?
- A Fixed Deposit, also known as a Term Deposit, is an investment where you deposit a lump sum for a predefined period at a fixed interest rate.
- Offers guaranteed returns and flexible interest payout options.
- Popular among individuals who want steady income without market risk.
🏢 What Is a Company Fixed Deposit?
- These are FDs offered by:
- Manufacturing companies
- Non-Banking Financial Companies (NBFCs)
- Financial institutions
- Regulated under Section 58A of the Companies Act.
- Known as Company FDs, these often offer higher interest rates than bank FDs.
📄 Basic Info About Fixed Deposits
- ⏳ Tenure: Ranges from a few months to several years
- 💰 Payout Options:
- Monthly
- Quarterly
- Half-yearly
- Yearly
- Cumulative (payout at maturity)
- 🧾 Taxation:
- Interest is taxable under your income tax slab.
- If annual interest exceeds ₹5,000, TDS (Tax Deducted at Source) is applicable.
- To avoid TDS, submit Form 15G or Form 15H to the company.
🔽 Download Form 15G / 15H (add actual file or page link)
⚙️ How Does a Fixed Deposit Work?
🖥️ 100% Online Process via platforms like FundzBazar
✅ Steps to Book an FD:
- Choose the company and preferred tenure.
- Select the client details (individual or joint holder).
- Enter the investment amount and complete payment.
- On maturity, the amount is credited to your registered bank account.
No paperwork, no hassle — just safe and smart investing.
🧮 Want to Calculate Your FD Returns?
👉 Add our Fixed Deposit Calculator here for real-time interest & maturity projections.