Nainital Bank FD Interest Rates

Top Guaranteed Return Plans 

Guaranteed return plans are investment products that have a two-fold advantage of giving a regular assured return on your investment as well as the security of a life insurance cover. These plans are not exposed to the volatility of the market like market-linked investments, such as mutual funds.

Updates 

Due to the 50-basis-point reduction in the 50 basis points Reserve Bank of India (RBI) in the repo rate to 5.50%, the Nainital Bank changed its fixed deposit rates. The rates can also decrease further, according to experts, and a delay in booking FDs can result in lower interest.

Information About FDs & Other Options 

Fixed Deposits (FDs) are a traditional, safe, and secure investment of a lump sum amount having predictable, guaranteed returns at a fixed rate of interest. Other alternatives are available, like recurring deposits where systematic savings should be done, and market-linked investments, such as mutual funds, have the potential of delivering higher, but not assured, returns in the long term.

What is Nainital Bank FD?

The Nainital Bank Fixed Deposits (FDs) is a safe and flexible deposit scheme that enables individuals, HUFs, and institutions to receive a fixed rate of interest on a lump sum deposit. The bank has several schemes to fit the needs of diverse customers, such as regular FDs, short-term plans, and tax-saver accounts. These FDs are offered at competitive interest rates, and there is an added advantage to the senior citizens.

Nainital Bank FD: Key Highlights

Nainital Bank Fixed Deposit Interest Rates 2025

Below is a table depicting the term deposit tenure (maturity range) and the rate of returns as given on the official website of Nainital Bank

Domestic Term Deposits below Rs 3 crore 

Nainital Bank FD Interest Rates w.e.f December 11, 2025

Types of Nainital Bank FD 

1. Regular Fixed Deposit Account:

   This is a standard fixed deposit that allows you to park a lump sum of money for a fixed tenure, typically ranging from one year to ten years. The interest is paid out to you every quarter.

   • Fixed Returns: The interest rate is locked in
   • Tenure: 1 year to 10 years
   • Senior Citizen Benefit: Additional interest rate of 0.50%
   • Liquidity: Premature withdrawal is permitted

2. Short Term Plan:

   The Short Term Plan is designed for investors who want to invest their money for a brief period. This plan is ideal for short-term financial goals and offers a more flexible duration than a regular FD.

   • Tenure: 7 days to 1 year
   • Quarterly Interest Payout: Interest is paid to you every quarter
   • Premature Withdrawal: Available 
   • Additional Interest for Seniors: An additional 0.50% interest rate

3. Re-Investment Deposit:

   Also known as a Cumulative FD, this scheme allows you to reinvest the interest earned back into the principal amount. This helps your money grow faster through the power of compounding.

   • Power of Compounding: Quarterly basis
   • Maximized Returns: The total maturity amount is higher than a non-cumulative FD
   • Senior Citizen Benefits: An Additional 0.50% interest rate
   • Flexible Tenure: 1 year to 10 years

4. Naini Gold Sweep-In:

   The Naini Gold Sweep-In is a unique scheme that links your fixed deposit with your savings or current account. This provides the benefit of higher FD interest rates while maintaining the liquidity of your operating account.

   • Auto-Sweep Functionality: Available 
   • Liquidity of an FD: Funds from the linked FD are automatically "swept in."
   • Higher Interest on Idle Funds: A Higher interest rate than a regular savings account
   • Premature Withdrawal Penalty: No Penalty

Features of Nainital Bank Fixed Deposit

Some of the features of Nainital Bank fixed deposit include:

• Account Renewal and Nomination: The bank offers a facility for the renewal of fixed deposits. Customers can also make additions to their nominations.
• Types of Fixed Deposit Schemes: Nainital Bank provides two types of fixed deposit schemes: regular and tax saver.
• Minimum Deposit Amount: A minimum of ₹1,000 is required to open a regular fixed deposit account, and for a tax-saving fixed deposit, the minimum deposit is ₹100.
• Account Holding Options: Customers have the flexibility to open accounts either individually or jointly.
• Tax Benefits on Tax Saver FD: A maximum of ₹1 lakh can be availed as tax benefits under the tax saver account. Tax deductions are applicable as per the Indian Income Tax Act of 1961.
• Loan Against FD: Customers with tax saver accounts are not eligible for a loan against their deposits.
• Premature Withdrawal: Premature withdrawal is only allowed if the depositor passes away after five years from the commencement of the account.

Eligibility 

The person applying for the Nainital Bank FD needs to comply with the following eligibility criteria - 

• Resident Individual 
• Single Accounts, Two or more individuals in Joint Accounts,
• Illiterate Persons, 
• Blind persons, 
• Purdanasheen Ladies, 
• Minors, 
• Associations, Clubs, Societies, etc. 
• Trusts, Institutions/Agencies (RBI Permitted)

Summing it Up

Customers are advised to confirm the terms and conditions with the bank. Interest rates are subject to revisions as per the bank's discretion and policies. Such modifications and revisions can take place at any time in a fiscal year without prior notice to the customers.