Your Money, Our Trust: Lock in High Returns with Fino Fixed Deposit (FDs)!

Open your Fixed Deposit through Fino Point or FinoPay App and earn attractive interest rates to grow your investments. (In partnership with Suryoday Small Finance Bank Ltd.)

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Why Choose Fixed Deposit Service from Fino?

1 Year Tenure

Fixed Deposit will be opened for 1 year tenure with our partner bank Suryoday Small Finance Bank Ltd.

Auto-Renewal

Fixed Deposit can be auto-renewed at the end of the term. If not opted, the principal and interest is paid back to your account with Fino.

Online Account Management

Manage your Fixed Deposit Account online with our secure and user-friendly FinoPay App anytime and anywhere easily.

Higher Interest Rates

Earn upto 7.45%* p.a. interest rate on your Fixed Deposits.

Low Minimum Deposit

Start investing for your future with as low as ₹1000/- and thereafter in multiples of ₹1/- and up to ₹10 lakh.

Zero Penalty

No penalty is charged in case you need to withdraw your deposit before maturity.

1 Year Tenure

Fixed Deposit will be opened for 1 year tenure with our partner bank Suryoday Small Finance Bank Ltd.

Auto-Renewal

Fixed Deposit can be auto-renewed at the end of the term. If not opted, the principal and interest is paid back to your account with Fino.

Online Account Management

Manage your Fixed Deposit Account online with our secure and user-friendly FinoPay App anytime and anywhere easily.

Interest rate and key charges

Interest rate

Interest on Fixed Deposits

Rate: 7.25% p.a.
Condition: For Individual (Age <60 Years)
Rate: 7.45% p.a.
Condition: For Senior Citizen (Age >=60 Years)

See Detailed Rate Of Interest

Interest Rate

For Individual (Age <60 Years): 7.25% p.a.
For Senior Citizen (Age >=60 Years): 7.45% p.a.

FAQs

The minimum deposit amount required is ₹1000/-.
Yes, you can deposit in multiples of ₹1/- up to ₹10 lakh.
The Fixed Deposit can be opened for a 1-year tenure.
Yes, your Fixed Deposit can be auto-renewed at the end of the term.
Yes, you can redeem your Fixed Deposit anytime with zero penalty charges.
If you close your Fixed Deposit before completion of the minimum period of 7 days, no interest will be paid.
The rate applicable for premature withdrawal will be the lower of the original contracted tenure rate or the rate for the actual tenure.
Yes, TDS will be deducted on interest accruals as per applicable Income Tax rules.
Refer to the partner bank’s website for updated interest rates for FD tenure of 1 year for Regular and Senior Citizen. FD interest rates are subject to change at the sole discretion of the partner bank.
All communication regarding your Fixed Deposit will be sent to you by Fino Payments Bank.
On renewal, the new deposit amount consists of the original deposit amount plus the interest, less Tax Deducted at Source (TDS), if any.
Non-furnishing of PAN may result in deduction of TDS at a higher rate.
Yes, you can manage your Fixed Deposit account online, anytime, anywhere, with our secure and user-friendly FinoPay App.