Fincare Small Finance Bank FD Rates

Fincare Small Finance Bank FD Rates are competitive and range between 3% to 8.61% p.a. for the general public and 3.60% to 9.21% p.a. for senior citizens. In this brief overview, you will explore the attractive interest rates on fixed deposits offered by Fincare Small Finance Bank and make informed decisions about your financial investments.

Read more
Maximum returns Offered by Guaranteed

6.5%**

Fixed Deposits

(by SBI bank)

(5-10 Years)

7.1%***

Public Provident Fund

(other popular options)

(15 Years)

We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold
In-built life cover
Get Guaranteed returns along with life cover
invest in 100% Guaranteed Return Plans Tax benefits under sec 80C & No Tax on returns+
+91
Secure
We don’t spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By clicking on ''View Plans'' you, agreed to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs Tax benefit is subject to changes in tax laws
Get Updates on WhatsApp
We are rated~
rating
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold

Fincare FD Rates on Domestic Deposits of Less Than Rs. 2 Crores

Tenure Interest Rate for General Public (in % p.a.) Interest Rate for Senior Citizens (in % p.a.)
7 days to 14 days 3.00% 3.60%
15 days to 30 days 4.50% 5.10%
31 days to 45 days 5.25% 5.85%
46 days to 90 days 5.75% 6.35%
91 days to 180 days 6.25% 6.85%
181 days to 365 days 7.00% 7.60%
12 months to 15 months 7.65% 8.25%
15 months 1 day to 499 days 7.85% 8.45%
500 days 8.21% 8.81%
501 days to 18 months 7.85% 8.45%
18 months 1 day to 21 months 8.11% 8.71%
21 months 1 day to 24 months 8.11% 8.71%
24 months 1 day to 749 days 8.15% 8.75%
750 days 8.61% 9.21%
751 days to 30 months 8.15% 8.75%
30 months 1 day to 999 days 8.11% 8.71%
1000 days 8.41% 9.01%
1001 days to 36 months 8.11% 8.71%
36 months 1 day to 42 months 8.25% 8.85%
42 months 1 day to 48 months 7.50% 8.10%
48 months 1 day to 59 months 7.50% 8.10%
59 months 1 day to 66 months 8.00% 8.60%
66 months 1 day to 84 months 7.00% 7.60%

Guaranteed return plan Guaranteed return plan

Fincare FD Rates on NRE Deposits of Less Than Rs. 2 crores

Tenure NRE Rates (p.a.)
12 months to 15 months 7.50%
15 months 1 day to 499 days 7.85%
500 days 8.21%
501 days to 18 months 7.85%
18 months 1 day to 21 months 8.11%
21 months 1 day to 24 months 8.11%
24 months 1 day to 749 days 8.15%
750 days 8.61%
751 days to 30 months 8.15%
30 months 1 day to 999 days 8.11
1000 days 8.41%
1001 days to 36 months 8.11%
36 months 1 day to 42 months 8.25%
42 months 1 day to 59 months 7.50%
59 months 1 day to 60 months 8.00%

People Also Read: FD Calculator

What is Fincare FD Interest Rates?

Fincare FD Interest Rates refer to the interest rates offered by Fincare Small Finance Bank on its Fixed Deposit (FD) accounts. These rates determine the return on earnings you receive on your fixed deposits with Fincare. 

The interest rates may vary based on:

  • Deposit amount

  • Tenure of FD

  • Fincare FD rates

Features of Fincare Small Finance Bank FD Rates

The key features of Fincare Small Finance Bank are listed below:

  • Attractive interest rates: Fincare Small Finance Bank offers competitive and attractive Fixed Deposit (FD) interest rates.

  • Flexible tenures: You can choose from a range of flexible tenures to suit your financial goals and preferences.

  • Minimum deposit amount: The bank allows you to start with a relatively low deposit amount, making it accessible to a wide range of customers.

  • Senior citizen benefits: Special interest rates and benefits are provided to senior citizens, enhancing returns for this demographic.

  • Auto-renewal option: FDs can be automatically renewed upon maturity, ensuring continuity and convenience for account holders.

  • Loan against FD: Fincare Small Finance Bank offers the option to avail loans against the FD, providing liquidity without breaking the deposit.

  • Nomination facility: You can nominate beneficiaries, facilitating a smooth transfer of FD proceeds in the event of unforeseen circumstances.

  • Online FD booking: The bank provides a convenient online platform for you to book and manage your FDs seamlessly.

Get 100% Guaranteed Returns Get 100% Guaranteed Returns

Types of Fincare Small Finance Bank Fixed Deposit

The types of Fincare Small Finance Bank FD are listed below:

  1. Regular Fixed Deposit:

    • Traditional fixed deposit with a fixed tenure and interest rate.

    • Interest payout options: Monthly, Quarterly, Half-yearly, or at maturity.

  2. Senior Citizens Fixed Deposit:

  3. Fincare Tax Saving Fixed Deposit:

    • Eligible for tax deductions under Section 80C of the Income Tax Act.

    • The lock-in period of 5 years with no premature withdrawal allowed.

Eligibility Criteria to Apply for Fincare Small Finance Bank FD Rates

The following customers are eligible to apply for Fincare Small Finance Bank FD rates:

  • Individuals: Any Indian resident, including salaried, self-employed, professionals, and non-resident Indians (NRIs).

  • Minors: Minors can open FDs through a guardian.

  • Joint accounts: Up to 3 individuals can hold a joint FD account.

Documents Required to Apply for Fincare Small Finance Bank FD Rates

The documents required to apply for Fincare Small Finance Bank FD rates are as follows:

  • Proof of Identity: PAN Card, Aadhaar Card, Passport, Driving License

  • Proof of Address: Aadhaar Card, Utility Bills, Bank Statement

  • Minors can open FDs through a guardian who will need to submit their KYC documents along with the minor's birth certificate.

Steps to Apply for Fincare Small Finance Bank FD Rates

Follow the steps mentioned below to start investing in Fincare Small Finance Bank FD rates:

Step 1: Visit Fincare website: https://fincarebank.com/

Step 2: Click on the "Fixed Deposits" button.

Step 3: Choose your preferred FD tenure and amount.

Step 4: Select interest payout frequency (monthly, quarterly, or cumulative).

Step 5: Fill in your PAN and mobile number.

Step 6: Click "Invest Now".

Step 7: Complete online KYC verification (Aadhaar & PAN required).

Step 8: Fund your FD using your existing bank account.

Summing It Up

Fincare Small Finance Bank offers competitive FD rates, providing investors with an attractive avenue for wealth accumulation. With a focus on stability and growth, these rates make Fincare Small Finance Bank an appealing choice for those seeking reliable returns on their investments.

FAQ's

  • What is the interest rate for Fincare FD?

    Fincare Small Finance Bank offers a range of fixed deposit (FD) interest rates are as follows:
    • General Public: 3.00% to 8.61% p.a.

    • Senior Citizens: 3.60% to 9.21% p.a.

  • Is Fincare Bank safe for FD?

    While Fincare may not be as established as some larger banks, it can still be considered a reasonably safe option for FDs, especially for amounts up to Rs. 5 lakh covered by the DICGC insurance. However, it is always advisable to diversify your investments and not put all your eggs in one basket.
  • What is the interest rate of FD in Small Finance Bank?

    Interest rates for Fixed Deposits (FDs) in Small Finance Banks can vary depending on several factors, including:
    • Specific bank: Different Small Finance Banks offer different interest rates.

    • Deposit tenure: Interest rates increase with the tenure of the FD.

    • The amount deposited: Some banks offer higher rates for larger deposits.

    • Depositor type: Senior citizens typically get higher interest rates.

* Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy male of 18 years old paying Rs. 30,000/- monthly (exclusive of all applicable taxes)
** Fixed deposit rate applicable for 5 year's 1 day to 10 years for investment amount less< 2 Crore ( Not for senior citizens).
*** PPF interest rate applicable for 15 years for investment amount upto 1.5 Lac
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
highest guaranteed return
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

FD Rates articles

Recent Articles
Popular Articles
BOI FCNR (B)

10 Jul 2024

BOI FCNR (B) Deposits, also known as Foreign Currency
Read more
BOI NRE Term Deposit Account

10 Jul 2024

BOI NRE Term Deposit Account is a fixed deposit account offered
Read more
BOI RFC Term Deposit

10 Jul 2024

BOI RFC Term Deposit is a fixed deposit account offered by the
Read more
BOI NRO Term Deposit Account

10 Jul 2024

BOI NRO Term Deposit Account is a fixed deposit account offered
Read more
BOI Current Deposits Plus Scheme

10 Jun 2024

The BOI Current Deposits Plus Scheme is a unique option for
Read more
Application for Withdrawal of Fixed Deposit
  • 03 Dec 2021
  • 22927
Fixed Deposits are the safest investment instruments. You invest the amount of your choice as the fixed deposit
Read more
Which Bank has the Highest Interest Rate for Fixed Deposit?
  • 23 Jul 2018
  • 211563
The Small Finance Banks offer the highest FD interest rates for a tenure between 7 days to 10 years. Unity Small
Read more
SBI Fixed Deposit Monthly Income Scheme
  • 04 Apr 2022
  • 12324
Fixed deposits are the safest investment vehicles for Indian financial planners. You can open a fixed deposit
Read more
SBI Fixed Deposit Double Scheme
  • 18 Feb 2022
  • 12548
The SBI Fixed Deposit Double Scheme is named Special Term Deposit to cater to investors looking to double their
Read more
Nominee Vs Legal Heirs for Fixed Deposits
  • 21 Dec 2023
  • 3253
Fixed deposits are a popular investment option for individuals who wish to earn a stable rate of interest on
Read more

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL