Insuremile
IRDAI/I NTAII/BA/51/2018
CIN: U72900KA2018PTC110119
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The FD rates vary based on the tenure and the amount deposited. As of the latest update, the rates can range from 3.50% to 6.50% per annum. It’s best to check the official bank website or contact the bank for the most accurate and updated rates.

The minimum tenure for an FD is 7 days, and the maximum tenure can go up to 10 years.

Yes, premature withdrawal is allowed, but it may attract a penalty. The penalty rate can vary, so it’s advisable to check with the bank for specific details.

Yes, senior citizens usually get a higher interest rate on FDs, which is typically 0.50% more than the standard rate.

Interest earned on FDs is taxable. The bank deducts TDS (Tax Deducted at Source) if the interest exceeds ₹40,000 in a financial year (₹50,000 for senior citizens).

Yes, you can open an FD account online through the bank’s official website or mobile banking application.