Am I eligible to withdraw my fixed deposit amount before it matures?

The Utkarsh Bank Fixed Deposit Plus scheme does not come with a premature withdrawal facility.

Can I apply for the Utkarsh Bank Fixed Deposit Plus scheme online?

Yes, you can apply for this fixed deposit scheme online at your convenience. Just make sure to go through all the terms and conditions carefully before selecting the tenure.

What is the maximum amount I can invest in Utkarsh Bank Fixed Deposit Plus?

The maximum investment amount of Utkarsh Bank Fixed Deposit Plus is capped at ₹2 crore.

What is Utkarsh Bank Fixed Deposit Plus?

Utkarsh Bank Fixed Deposit Plus is a high-value fixed deposit scheme that offers attractive interest rates and flexible tenure options. It is designed for investments starting from ₹15 lakh, providing better returns compared to standard fixed deposits.

What is the minimum deposit amount required?

2. What is the minimum deposit amount required?

What is the maximum deposit amount allowed?

The maximum deposit amount for this scheme is ₹3 crore.

What is the tenure for Utkarsh Bank Fixed Deposit Plus?

The tenure for this fixed deposit scheme ranges from 7 days to 10 years, offering flexibility for different investment needs.

Are there any benefits for senior citizens?

Yes, senior citizens receive an additional interest rate of 0.60% per annum over the standard rate for fixed deposits.

What are the interest payout options available?

Interest can be paid out monthly, quarterly, or at maturity, allowing investors to choose the most suitable payout option based on their financial needs.

Can I withdraw the deposit before the maturity date?

No, premature withdrawals are not allowed under this scheme, ensuring stable returns for the entire tenure.

Is my investment in Fixed Deposit Plus secure?

Yes, your investment is safe as Utkarsh Bank is a regulated financial institution, and Fixed Deposit Plus provides capital protection with fixed returns.

Utkarsh Bank Fixed Deposit Plus

Name: Utkarsh Bank Fixed Deposit Plus
Brand: FD Schemes
Rating: 4.7 (13051 reviews)

Utkarsh Small Finance Bank is one of the prominent Indian banks that was incorporated in the year 2016. With its headquarters in Uttar Pradesh, this bank provides various banking and financial services. Amidst all of their offered banking schemes, the Utkarsh Bank Fixed Deposit Plus scheme offers all depositors attractive interest rates ranging from 4.00% to 9.35% per annum.

Keep reading to know all about how you can avail even more benefits under this scheme!

Utkarsh Small Finance Bank FD Rates

Utkarsh small finance bank offers competitive FD rates that are mentioned below-

An Overview of Utkarsh Bank Fixed Deposit Plus

Fixed Deposit Plus offered by Utkarsh Finance Bank is an investment plan which offers competitive return rates at the end of the term. The rate of interest offered is higher as compared to normal fixed deposit schemes. This scheme of Utkarsh Bank FD Plus rates are higher for senior citizens.

Utkarsh Bank Fixed Deposit Plus Features

Here is a list of some of the features that you get upon availing the Utkarsh Small Finance Bank Fixed Deposit scheme:

The interest rates range from 4.00% to 8.75% yearly for the general citizens.
Senior citizens only can avail an extra 0.60% rate of interest per annum.
Interest rates are higher as compared to a regular fixed deposit.
The interest is paid out on a monthly or quarterly basis (based on maturity).

Avail a lot more features if you apply for a fixed deposit scheme through Stable Money app!

Who Can Apply for Utkarsh Bank Fixed Deposit Plus?

Here is a list of people who are eligible to apply for getting Utkarsh Bank FD plus rates scheme:

Individual residents of India
Trust accounts
HUFs (Hindu Undivided Families)
Partnership firms
Sole proprietorship firms
Limited companies

Why Get Fixed Deposits via Stable Money?

The Utkarsh Small Finance Bank FD rates that Stable Money offers for depositors are more than what you will get from the bank’s official website! Moreover, when you choose to take up a Utkarsh Bank FD scheme via our platform, you are not even required to open a bank account at theirs. We also provide 24x7 customer support to answer your queries. Get in touch with us today before opting for any Utkarsh Bank Fixed Deposit scheme.