Fixed Deposit Scheme

  • SIDBI's Fixed Deposit Scheme is rated 'AAA(FD)' by CARE indicating highest safety with regard to payment of principal and interest.
  • Salient features of the scheme are given below.
  • The detailed terms of the scheme are enumerated in the application forms which may be obtained from any of the offices of SIDBI.
  • It can also be downloaded from the website of SIDBI.

Eligible Depositors

  • Resident Individual.
  • Minors.
  • HUFs.
  • Partnership firms
  • Companies
  • Bodies Corporate
  • Societies
  • Association of Persons


  • Nomination facility available on Single & Joint Deposits by Individuals.
  • TDS exemption for income upto Rs. 5000/-. Eligible investments
    for religious/ charitable trusts u/s 11(5) of I.T. Act,1961
  • Interest/ Redemption Cheques will be encashable “at par” in Depositor’s City/ Town.
  • Direct Credit of Interest to Depositor’s Bank Account through ECS, wherever facility available and requested by the investor. .
  • Higher rates of interest for Senior Citizens.

Duration of Deposit

The minimum and maximum duration of the deposit is 12 and 60 months respectively. The deposits are accepted for a tenure in multiples of one month only.


Please click here for online FD application


Claim Form.docx