Tired of monitoring the market every day and still missing out on luck? It’s time to turn to the good old fixed deposit and take out the guesswork from money-making. Whether you're setting funds aside for a big purchase or just want a safe, straightforward way to build your wealth, a fixed deposit is a time-tested option. 

At Airtel Payments Bank, we’ve made fixed deposits easier and more rewarding than ever. You can open a fixed deposit account digitally in minutes with as little as ₹500, and enjoy returns of up to 7% p.a. No branch visits. No paperwork. Just secure, steady savings at your fingertips.

Ready to get started? This guide walks you through everything, from how it works to who can open one, and why Airtel Payments Bank makes the process seamless.

What is a Fixed Deposit?

A fixed deposit (FD) is a type of investment where you set aside a lump sum for a fixed period at a fixed interest rate. The best part? Your money isn’t subject to any market fluctuations. You can count on assured returns once your FD matures. If you value safety, predictability, and disciplined savings, an FD is ideal.

Key Features of Fixed Deposits with Airtel Payments Bank

When you open a fixed deposit account through Airtel Payments Bank, here’s what you get:

• 100% Digital Process 

Open and manage your FD through the Airtel Thanks App, no forms and no queues.

• Start Small 

You don’t need to invest a large sum. Begin small, grow big; your journey starts at just ₹500.

• High Interest Rate 

Enjoy one of the highest FD interest rates in the market today: up to 7% per annum.

• Premature Withdrawal Available

Need your funds early? You can withdraw as per the applicable interest rate based on the tenure of your FD.

• Flexible Tenure 

Choose a term that fits your goal, from 1 year to 5 years. Plan short-term or long-term with ease.

Benefits of Fixed Deposits

If you’re wondering why FDs continue to be one of India’s favourite investment choices, here’s why:

• Guaranteed Returns

Unlike mutual funds or stocks, you’re not at the mercy of market ups and downs. You’ll know exactly how much you’ll get at the end of your FD term.

• Low Risk

FDs are among the safest instruments, especially when booked through a regulated digital bank like Airtel Payments Bank.

• Builds Saving Discipline

With the ability to start with as low as ₹500, you can gradually grow your investment without feeling a pinch.

• Easy Liquidity

Even though fixed deposits are meant to be locked in, Airtel Payments Bank allows early withdrawal, so your money is always accessible in times of need.

• Great for All Goals

From saving for gadgets to future education, choose an FD term that aligns with your personal milestones.

Who Can Open an FD with Airtel Payments Bank??

Think fixed deposits are only for seasoned investors or high earners? Think again. Here's all you need to qualify:

You must be an Indian resident above 18 years of age.

You must have a KYC-verified Airtel Payments Bank Savings Account.

That’s it. No income proof, no credit checks. Everything happens digitally from your mobile.

How to Open a Fixed Deposit Account with Airtel Payments Bank

Getting started is as easy as ordering your favourite food online:

• Download/Open the Airtel Thanks App.
• Log in to your Airtel Payments Bank Savings Account.
• Go to the ‘Bank’ section and tap on ‘Fixed Deposits’.
• Choose your amount and tenure.
• Authorise, complete payment, and get the transaction receipt.
• And you’re done!

You'll see details like interest rate, maturity amount, and tenure on your screen with no ambiguity.

Final Thoughts

In a world of uncertain markets and complex investments, fixed deposits offer a refreshing sense of financial stability. With Airtel Payments Bank, this dependable tool becomes more convenient, accessible, and rewarding.

So, whether you’re a first-time investor or looking to diversify your portfolio, FDs are a smart choice. Download the Airtel Thanks App and start your fixed deposit journey today.

FAQs

• What is a fixed deposit account, and how does it work?

A fixed deposit account allows you to invest a lump sum for a fixed tenure at a fixed interest rate, offering assured returns with zero market risk.

• What are the key features of fixed deposits offered by Airtel Payments Bank?

Features of fixed deposits include digital booking, attractive interest rates of up to 7% p.a., flexible tenure options, and premature withdrawal with minimal penalty.

• How much can I start a fixed deposit with?

You can start a fixed deposit with just ₹500 through Airtel Payments Bank, making it accessible and affordable for everyone.