You are eligible for a Fixed Deposit Account if you belong to any one of the following categories.
a) Individual Resident of India
b) Hindu Undivided Families
c) Sole Proprietorship Firms
d) Partnership Firms
e) Limited Companies
f) Trust and societies
How do I apply for a Fixed Deposit Plus Account?
Visit your nearest Utkarsh Small Finance Bank branch to apply for a Fixed Deposit Plus.
What is the eligibility criterion?
You are eligible if you belong to any one of the following categories below:
- Individual Resident of India
- Hindu Undivided Families
- Sole Proprietorship Firms
- Partnership Firms
- Limited Companies
- Trust Accounts
What is the minimum amount I need to invest?
You need to invest a minimum amount of Rs 15,00,001 in your Fixed Deposit Plus.
What is the maximum amount I need to invest?
Refer to interest rate chart for interest rates on Fixed Deposit Plus.
Does FD Plus Provides additional Rate of Interest?
You can invest a maximum amount of less than Rs 2,00,00,000 in your Fixed Deposit Plus.
Does Callable facility is available for Fixed Deposit Plus?
Fixed Deposit Plus will be booked as Non-Callable deposit. Hence, it cannot be prematurely withdrawn.
Under which circumstances the Fixed Deposit Plus can be premature withdrawal?
The Bank may allow premature withdrawal of these deposits in following exceptional circumstances: in the event of any direction from any statutory and/or regulatory authority or deceased claim settlement cases.