New to investments but hesitating to risk your hard-earned money in stocks or mutual funds? Then, a fixed deposit investment might be your way to grow your corpus in the long term. 

For a competitive return, an FD by the Airtel Payment Bank might suit you. Just make sure to check the Airtel Payments Bank FD interest rates for 2026 before making your decision.

Airtel Payment Bank FD Interest Rates for General and Senior Citizens

The Airtel Payments Bank brings you its fixed deposit scheme with a flexible tenure to match your preferences. You can invest in the scheme for as low as 7 days and you can also invest for a longer horizon for as long as 10 years. 

The FD providers allow for additional advantages for women and senior citizen investors to increase their overall return. Currently, the Airtel Bank FD interest rate goes up to 8.75% per annum.

Benefits of Airtel Payment Bank FD 

Thanks to its wide range of benefits, the Airtel Payments Bank FD scheme has earned the trust of over 10 lakh customers. Here’s a detailed look at the features that make it so popular:

1. Lower Investment Capital

The FD offered by Airtel Payments Bank provides flexibility in choosing your tenure and ensures affordability. You can start investing with as little as ₹1,000, making it accessible for all types of investors.

1. Periodic Income

Staying invested for 3 to 5 years can help you earn higher interest rates with most providers. However, if you are seeking passive income, Airtel Payments Bank also offers the flexibility of monthly interest payouts, making it suitable for regular income needs.

1. Modify Your Renewal Option

Airtel Payments Bank allows you to renew your FD automatically. With automatic renewal, your FD is reinvested after maturity. With the ‘Airtel Thanks’ app, you can modify the tenure and renew it. You can also partially withdraw some amount and keep renewing the remaining FD under this scheme. 

1. Insured Investment

While booking an FD with the Airtel Payments Bank, you can have peace of mind as your investment stays secure. The provider covers your investment under the DICGC insurance for up to ₹5 lakh.

At Stable Money, your FD investments stay covered under the DICGC insurance as well. Download the app now for more information!

Eligibility to Avail Airtel Payment Bank FD Interest Rates

Before you open an FD account with Airtel Payments Bank, you must have a look at its eligibility criteria for a seamless account opening:

• Any Indian resident can open a fixed deposit here.
• Hindu Undivided Families or HUFs are also eligible for an FD booking here.
• You must be at least 18 years of age to book an FD here. However, minors can open an FD under the guidance of their legal guardian.
• Sole proprietorships, companies, firms and partnerships are eligible as well. 

Documents Required to Avail Airtel Payment Bank FD Interest Rates

To apply and book your FD seamlessly, furnishing all the necessary documents is crucial. Here is a detailed view of the required documents by the FD provider:

• As proof of identity, you may produce a copy of your Aadhaar Card, Voter ID, PAN Card, etc.
• For an address proof, provide a copy of your passport, utility bills, etc.
• As proof of income, you may provide copies of your bank statement, payslip, IT returns, etc.

Premature Withdrawal of Airtel Payment Bank FD 

While premature withdrawal may reduce your returns from an Airtel Bank FD, emergencies can arise when you need quick access to funds. Airtel Payments Bank allows you to withdraw a portion of your FD early if needed.

The provider allows a premature withdrawal after 7 days of an FD account opening. However, you must check the applicable penalty charges before investing. 

Tax on Airtel Payment Bank FD Interest Rates

While you are enjoying the Airtel Payment Bank FD rates, you must be aware of the tax implications. It differs between regular and senior citizens. Here’s what you need to know: 

• For a regular citizen, a TDS of 10% applies if the interest income is greater than ₹50,000 in a financial year.
• For senior citizens, the threshold is a bit higher. An interest income of beyond ₹1,00,000 incurs a 10% TDS for them.
• If you do not furnish your PAN while creating the FD, you are liable for a 20% TDS.

Why Should You Book an FD with Stable Money?

Booking a fixed deposit with Stable Money is quick and effortless. Just open the app, choose your FD and complete video KYC with your PAN. After that, your FD will be ready within minutes.

Another major advantage of using Stable Money is that you do not need to open an account with the bank or NBFC offering the FD. Your Stable Money account is all you need to create and manage your fixed deposit, eliminating the hassle of physically visiting banks or dealing with paperwork.

Additionally, all essential details such as premature withdrawal guidelines and other critical information are accessible directly on the app. This makes Stable Money a convenient platform to manage all your FDs in one place.