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Shivalik Small Finance Bank FD Interest Rates
Shivalik Small Finance Bank offers FD interest rates from 3.50% to 8.00% p.a. for the general public, and between 4.00% to 8.50% p.a. for senior citizens on tenures ranging from 7 days to 10 years. The Shivalik Small Finance Bank Tax Saving FD rate is 6.25% p.a. for the general public and 6.75% p.a. for senior citizens for a fixed 5-year tenure.
Guaranteed Returns
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns up to 7.4%*
Fully Tax-Free, Life Cover Included
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Fixed Deposits
- Shivalik Small Finance Bank FD Interest Rates
Shivalik Small Finance Bank is recognised as a scheduled bank by the RBI, making its deposits eligible for insurance from DICGC, an RBI subsidiary. This cover protects each depositor's total deposits, including fixed, savings, current, and recurring deposits, up to Rs 5 lakh per bank.
| Highlights of Shivalik Small Finance Bank FD Interest Rates | |
| Tenure | Interest Rate |
| 23 months 1 day to 27 months (Highest slab rate tenure) | 8.00% (Highest rate) |
| For 1 year | 6.00% |
| For 2 years | 8.00% |
| For 3 years | 7.50% |
| For 4 years | 6.25% |
| For 5 years | 6.25% |
| Tax-Saving FD | 6.25% |
Shivalik Small Finance Bank FD Interest Rates w.e.f. June 17th, 2026
Shivalik Small Finance Bank FD Interest Rates
Domestic FD interest rates for deposits below ₹2 crore, w.e.f. 17 June 2026.
| Tenure | Regular Citizens | Senior Citizens |
| 7 days to 14 days | 3.50 | 4.00 |
| 15 days to 29 days | 3.75 | 4.25 |
| 30 days to 90 days | 4.25 | 4.75 |
| 91 days to 180 days | 4.75 | 5.25 |
| 6 months to less than 9 months | 6.00 | 6.50 |
| 9 months to 12 months | 6.00 | 6.50 |
| 12 months 1 day to 18 months | 6.75 | 7.25 |
| 18 months to 23 months | 7.50 | 8.00 |
| 23 months 1 day to 27 months | 8.00 | 8.50 |
| 27 months 1 day to 36 months | 7.50 | 8.00 |
| 36 months 1 day to 60 months | 6.25 | 6.75 |
| 60 months 1 day to 120 months | 6.25 | 6.75 |
Shivalik FD rates w.e.f. 17th June, 2026
Shivalik Small Finance Bank Tax Saver Deposit
| Tenure | Regular Citizens | Senior Citizens |
| 5 years | 6.25 | 6.75 |
Shivalik Tax Saver FD rates w.e.f 17th June, 2026
Types of Shivalik Small Finance FD Schemes
Non-Callable Fixed Deposit
- Meant for lump sum investments above ₹1 crore.
- Offers a higher rate of return compared to regular FDs.
- No premature or partial withdrawal is allowed.
- Depositors can choose monthly or quarterly interest pay-outs for regular income.
- Opting for a re-investment FD gives the benefit of quarterly compounding.
Regular Fixed Deposits
- Tenure ranges from 7 days to 10 years.
- Depositors can choose monthly or quarterly interest pay-outs, or take the full interest at maturity.
- A Premature withdrawal of Shivalik FD leads to a 1% penalty, or the original card rate, whichever is lower.
- For deposits up to 6 months, interest is calculated on a simple basis; beyond 6 months, it is compounded quarterly.
- A loan against FD or overdraft facility is available.
Tax Saver Fixed Deposit
- Minimum deposit amount is Rs 1,000.
- Shivalik Tax Saver FD comes with a 5-year lock-in period.
- Senior citizens get 0.50% extra interest under this scheme.
- Deposits qualify for a tax deduction of up to Rs 1.5 lakh under Section 80C every financial year.
Note: Section 80C deduction is available only under the old tax regime. It does not apply under the new default tax regime from FY 2026-27. 80C benefits are now covered under Section 123 of the Income Tax Act, 2025.
FAQs
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Is Shivalik Small Finance Bank safe for FD?
Yes, Shivalik Small Finance Bank is generally seen as a safe option for fixed deposits. Since it's a scheduled commercial bank regulated by the RBI, deposits up to Rs 5 lakh per depositor are fully covered by DICGC insurance. -
Is Shivalik Bank a government or private bank?
Shivalik Small Finance Bank is a private sector bank that began as a multi-state urban cooperative bank, Shivalik Mercantile Co-operative Bank, before becoming a Small Finance Bank in April 2021 under an RBI license. Headquartered in Noida, Uttar Pradesh, it is privately held but remains regulated by the RBI, with deposits insured by DICGC, an RBI subsidiary. -
What Are the Shivalik Small Finance Bank FD Rates?
The Shivalik Bank FD rates range from 3.50% to 8.00% p.a. for the general public and from 4.00% to 8.50% p.a. for senior citizens, effective from June 17, 2026.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ 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
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ