#Investments
#Finance
10 Reasons Why Fixed Deposits score high on personal finance
- 14 June, 2024
- 2 Mins Read
- Attractive and guaranteed returns: Fixed Deposit gives you guaranteed returns pre-decided at the point of investment. So, there’s no volatility in returns, and that’s a big assurance. Moreover, with Suryoday Small Finance Bank, you can earn an attractive interest rate of up to 8.65%* p.a.
- Tax Saving: Investing in 5 years Fixed Deposit helps you save taxes which plays a vital role in financial planning
- Exclusive interest rate for senior citizens: Suryoday offers an exclusive interest rate of up to 9.10%* per annum for senior citizens.
- Flexibility: With a Fixed Deposit, you enjoy flexibility in choosing tenure and the amount you want to invest. With Suryoday Small Finance Bank, you can book a Fixed Deposit with a minimum sum of Rs 1,000 onwards and, after that, in multiples of Rs. 1.
- Liquidity: Fixed Deposit lets you easily access your money if you wish to close it prematurely. We recommend you use this feature wisely. Completing the entire tenure has the potential to build you an attractive corpus.
- Invest for a particular goal: Fixed Deposit gives you the freedom to plan any financial goal with it. For example, you can prepare a downpayment for your new home, savings for your child’s education, or any other future goal. Fixed Deposit is ideal for the long term, and we highly recommend you the same.
- Security: Deposit Insurance and Credit Guarantee Corporation insures all bank deposits of up to Rs 5 Lac per depositor. Thus, letting you grow your money with peace of mind.
- Ease of online booking: You can easily book Fixed Deposits online with Suryoday through mobile banking and net banking.
- Financial discipline: Setting aside money in Fixed Deposit and earmarking it for a particular goal helps you reach your target
- Flexible interest pay-out: You have the flexibility to enjoy returns as per choice. Typically, Fixed Deposit has monthly, quarterly, and yearly interest pay-out. You can also reinvest the amount at the end of the tenure and extend your Fixed Deposit.
So, now you have ten reasons to save and smile more with Suryoday Fixed Deposit.
*T&C Apply. Interest rates are subject to change. To know about current interest rates visit: https://www.suryodaybank.com/rate-of-interest/#fixed-deposits
Bank with us your way
Banking at Fingertips
Fast, easy & secure banking
Anywhere, anytime banking
Cashless banking
Version : -11.0
SHA256 : -b56d2ed4c843275b89307d431c284c0401253af6d3c7d9040ebf2beb1c1e952b
SHA1 : -efd2c45d95d84b15858d8a573fdcc9d2d259c9df
Version : -11.0
iOS user cannot install application other than the app store. We upload archive file which gets converted to ipa after upload to app store. Checksum of ipa and archive will never be same so checksum will not be applicable for iOS binary.
We Always put you first
We, at Suryoday Bank, are proud to have served over 2.8 million satisfied customers and enabled them, in their pursuit of financial security and prosperity, to achieve a brighter financial future.
Espire Premium Banking
An exclusive curation of banking and lifestyle privileges to match your class, ambition and aspiration.
“Espire is an excellent banking programme. I have been recommending Espire to my colleagues and friends who are looking for extraordinary banking benefits along with enriched lifestyle experience.”
- D.H. Subramanium, Proud Espire Member from Navi Mumbai
Need Help?
Get in touch with our Smile Centre
Our Strong Smiling Family
At Suryoday, we foster a positive workplace culture with employee initiatives that inspire, empower and celebrate our team's growth and well-being.
Our CSR Initiatives
Spandan
A Preventive Health Program
For Women & Children
Explore. Discover. Learn
We are registered with DICGC. Know more about it
Secure your family’s future effortlessly, register your nomination today. Enjoy seamless claim settlement and peace of mind for generations to come.
Sanchar Saathi is a mobile safety app by DoT that helps track lost phones, verify devices, and prevent fraud, ensuring secure and accountable mobile usage.
Celebrate Our Special Offers
Exciting rewards ready to delight you
Interest Rates
Feedback
About us
About us
Products & Services
Products & Services
Ways to bank
Ways to bank
Rate of Interest
Rate of Interest
Schedule of charges
Schedule of charges
Forms Center
Forms Center
Resources
Resources
Careers
Careers
Smile center
Smile center
Investor relations
Investor relations
Miscellaneous
Miscellaneous
© 2025 Suryoday Small Finance Bank Limited
Apply for Savings Account | Book Fixed Deposit (for New Customers) | Book Fixed Deposit (for Existing Customers) | Apply for Home Loan | Apply for Loan Against Property | Apply for Current Account
Please notify any unauthorized transaction on 1800 266 7711 or email at smile@suryodaybank.com immediately. Do not share OTP, PIN or any other sensitive banking details.
*Interest rates are subject to change. T&C Apply. DICGC insurance cover applicable.
