Fixed Deposits (FDs)
Key Features Of Fixed Desposits
Assured Returns
Earn guaranteed interest, unaffected by market fluctuations.
Flexible Tenure
Choose from short-term (7 days) to long-term (up to 10 years) deposits.
Multiple Payout Options
Opt for monthly, quarterly, or cumulative interest payouts.
Loan Facility
Avail loans against your FD without breaking it.
Tax-Saving Options
Special 5-year tax-saving FDs under Section 80C.
Senior Citizen Benefits
Higher interest rates for senior citizens.
Types of Fixed Deposits
Eligibility & Required Documents
FDs with Onclock are open to a wide range of investors:
- Individuals – Resident Indian citizens above 18 years of age
- HUFs (Hindu Undivided Families) – Represented by the Karta
- NRIs (Non-Resident Indians) – Eligible through NRE/NRO accounts
- Companies & Institutions – Corporates, firms, and organizations
Identity proof (Aadhaar, PAN, Passport, Voter ID)
Address proof (Utility bill, Aadhaar, Passport)
For companies: Incorporation certificate and KYC documents
How to Open a Fixed Deposit?
Choose Amount & Tenure
Decide how much to invest and for how long.
Submit Application
Apply online or at a branch.
Deposit Funds
Pay via cash, cheque, or online transfer.
Get FD Receipt
Receive the official investment acknowledgement.
Earn Interest
Let it grow till maturity or opt for periodic payouts.
FD vs Other Investment Options
|
Investment Type |
Risk Level |
Return Potential |
Liquidity |
Ideal For |
|---|---|---|---|---|
|
Fixed Deposits (FDs) |
Low |
Low–Moderate |
Medium |
Capital safety & stable income |
|
Mutual Funds |
Medium |
Moderate–High |
High |
Diversification & growth |
|
Equities |
High |
High |
High |
Long-term wealth creation |
|
Public Provident Fund (PPF) |
Low |
Moderate (tax-free) |
Low (15-year lock-in) |
Retirement & tax-saving |
|
Gold Investment (Digital/Physical) |
Medium |
Moderate |
Medium–High |
Inflation hedge & wealth preservation |
|
Real Estate |
Medium–High |
High |
Low |
Long-term asset building |
|
Bonds |
Low–Medium |
Moderate |
Medium |
Steady income |
|
National Savings Certificate (NSC) |
Low |
Moderate (tax benefit) |
Low (5-year lock-in) |
Secure, tax-saving option |
|
Savings Account |
Very Low |
Very Low |
Very High |
Daily liquidity & emergency funds |
|
Recurring Deposits (RDs) |
Low |
Low–Moderate |
Medium |
Small, regular savers |
|
National Pension Scheme (NPS) |
Low–Medium |
Moderate–High |
Low (till retirement) |
Retirement planning |
Advantages of Fixed Deposit with Onclock
At Onclock, we make your savings work harder with safety, transparency, and convenience. Here’s why our Fixed Deposit (FD) stands out:
🔹 Guaranteed Returns
Enjoy assured returns on your investment, unaffected by market fluctuations.
🔹 Flexible Tenure Options
Choose from short-term or long-term deposits ranging from days to years.
🔹 Higher Interest for Senior Citizens
Exclusive bonus rates for senior citizens, ensuring better income security.
🔹 Easy Liquidity
Need funds before maturity? Access premature withdrawal or avail a loan against FD without breaking it.
🔹 Digital Convenience
Open and manage your FD entirely online with instant confirmations and paperless processing.
🔹 Safe & Secure Investment
Backed by trusted financial systems, Onclock FDs ensure capital safety and peace of mind.