Spark Fixed Deposits, also known as Spark FD, is an easy term deposit investment option offered to Spark customers.

Customers can choose the term period and define their fixed-term deposit amount at their convenience while creating their fixed deposit. Once selected, the customer can create a fixed deposit that matches their flexibility needs. Customers can also choose interest payouts as per their needs.

TDS will be applied on the interest amount earned.

The minimum investment amount for a fixed deposit is Rs.1000.

 

Breakable FDs

  • Leading rates from 8.1% -11% p.a.*
  • Interest paid out Monthly, Yearly or End of Term as per your convenience
  • Various tenure options from 1 –24 months
  • Premature withdrawal is Allowed
  • Average Exit Load 2.81%

 

Non-Breakable FDs

 

  • Leading rates from 9% -16% p.a.*
  • Interest paid out Monthly, Yearly or End of Term as per your convenience
  • Various tenure options from 12 –120 months (1-10 years)
  • Premature withdrawal is Not Allowed

 

*Subject to Change