Fixed Deposit Plus

Fixed Deposit Plus, is a lump-sum investment plan that gives you competitive return at the end of the term. The rate of interest paid for fixed deposits varies based on tenure and amount. Higher rates of interest are offered to Senior Citizens.

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1 reward point on every 100 spends on debit card

15% discount

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15% discount

1 reward point on every 100 spends on debit card

Free

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Free

Cash withdrawal on Utkarsh Bank ATMs

  • Earn competitive returns on your surplus funds.

  • Earn more interest than Fixed Deposit

  • Enjoy higher interest rates for senior citizen.

  • Interest payment options are monthly, quarterly and at maturity.

  • Process that can be accessed from anywhere.

You are eligible for a Fixed Deposit Account if you belong to any one of the following categories.
  • a) Individual Resident of India

  • c) Sole Proprietorship Firms

  • d) Partnership Firms

  • e) Limited Companies

  • f) Trust and societies

For Interest rate on Fixed Deposit Plus, Please click here
Fixed Deposit Plus
Particulars Charges
Minimum Investment Amount Above 1 Crore 
Maximum Investment Amount Less than 2 Crore
Minimum Tenure 7 Days
Maximum Tenure 10 Years
Premature Withdrawal Facility Not Available
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Apply to Fixed Deposit Plus

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month

120

Interest Rate (%)

1%

31%

line-chart-pattern-bg
Equated Monthly installments (EMI)

2,10,651

Need more Information?
Deposit Amount
Interest Earned

Interest Rate

8.00%

Interest Earned

3,50,452

Maturity Value

13,50,452

Maturity Date

20 Apr 2023

(Indicative interest rates for calculation only. click here for latest rates.)

FAQs

Visit your nearest Utkarsh Small Finance Bank branch to apply for a Fixed Deposit Plus.

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

You need to invest a minimum amount of above 1 Crore in your Fixed Deposit Plus.

You need to invest a maximum amount of less than 2,00,00,000 in your Fixed Deposit Plus..

Refer to interest rate chart for interest rates on Fixed Deposit Plus.

Fixed Deposit Plus will be booked as Non-Callable deposit. Hence, it cannot be prematurely withdrawn.

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.

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