• ⁠⁠Is there an option for monthly interest payouts for Digital FD?
  Yes, you can opt for a monthly interest payout on your Digital FD. This allows you to receive a portion of the interest earned every month, providing a regular income stream.

• Is it safe to invest in an FD?
  Fixed Deposits are considered safe investments with guaranteed returns. Your deposits are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India (RBI). This insurance covers deposits up to ₹5 lakh per depositor, ensuring that even in the event of bank liquidation, your principal and interest are protected.
• Why invest in an FD?
  FDs are a reliable and secure way to grow your savings. They offer stable returns, making them ideal for those seeking low-risk investment options. With competitive interest rates, FDs are a favored choice for many Indian households.
• Is FD tax-free?
  No, the interest earned on FDs is taxable. The interest is added to your total income and taxed according to your income tax slab.
• Who can invest in an  Fixed Deposit?
  Anyone above 18 years of age can invest in a regular Fixed Deposit.
• Are there any benefits for senior citizens or females?
  Yes, there are additional benefits for senior citizens and females, such as higher interest rates, offered by our banking partners.