• The Nadiad Peoples Co-Op Bank Ltd.

Fixed Deposit

The Nadiad People's Co-op Bank offers Fixed Deposit (FD) schemes, allowing you to grow your savings at a fixed interest rate over a chosen period. Here is some general information about Fixed Deposits and contact The Nadiad People's Co-op Bank for specific details.

 

Key Features of Fixed Deposits:

  • Fixed Interest Rate: The interest rate is decided at the time of deposit and remains constant throughout the tenure, protecting you from market fluctuations.
  • Flexible Tenures: Banks offer a range of tenures, from a few days to several years, allowing you to choose according to your financial goals.
  • Higher Interest Rates: Generally, fixed deposits offer higher interest rates compared to savings accounts.
  • Security: FDs are considered a safe investment option, especially with established banks.
  • Loan Facility: Many banks offer the option to take a loan against your fixed deposit.