Raivik Finance FD Offers 12%* p.a | Higher Monthly Returns On FD


Raivik Finance Fixed Deposit (FD) is a savings product where you deposit a lump sum of money for a fixed period (from 1 years to 10 years) and earn interest at a predetermined rate. The rate is higher than a regular savings account, and it stays the same throughout the deposit period, protecting you from interest rate fluctuations.

Looking for a safe and rewarding way to grow your money? Raivik Finance’s Fixed Deposits are the perfect solution. Our fixed deposit offerings come with competitive interest rates to maximise returns. So, your savings work harder for you – whether you are planning for a short-term goal or a long-term dream. Enjoy the flexibility of choosing a tenure that aligns with your financial plan, from short-term options to long-term investments. Plus, opening an FD is easier than ever with our hassle-free online platform.
Open a Fixed Deposit from anywhere, anytime, and experience the convenience of a 100% online, instant process. With high Fixed Deposit interest rates and flexibility in all areas, growing your wealth is simple, secure, and hassle-free. Don’t wait! Open a Fixed Deposit and start your journey to financial growth with Raivik Finance now.
https://raivikfinance.com/fixed-deposit


1. Regular Fixed Deposit

Interest rates vary by tenure and depositor type (general vs. senior citizen). For deposits below ?3 crore

Key Features

  • Flexible tenure: 1 years to 10 years.

  • General public rates: Typically from 9% to around 12%, depending on term.

  • Interest payout options: Monthly, quarterly, or at maturity.

  • Minimum deposit: ?5,000 if opened online, ?20,000 at a branch.

  • Higher rates for senior citizens: Usually 0.50%–0.75% more than standard rates.

  • Premature withdrawal: Allowed, but a 1% penalty on interest usually applies.

  • Loan/overdraft against FD: Available up to 85% of the deposit value.

  • Tax-saver FD option: 5-year lock-in, eligible for tax deduction under Section 80C (up to ?1.5 lakh).

    • Highest rates:

      • General public: up to ~12% p.a.  

    Exact numbers by tenure—from 1 years to 10 years—are detailed in updated tables. 

    2. Tax-Saver FD (5-year lock-in)

    • General public: ~11.00% p.a.

    • Senior citizens: Slightly higher (varies across sources) 

    3. Fixed Deposit Plus

    • Available for higher deposit amounts (?3–5 crore) with flexible terms (7 days to 10 years).

    • Offers simple or compounded interest options; generally higher than standard FDs 

    4. NRI FDs (NRE/NRO)

    • Domestic amount < ?3 crore:

      • Tenures like 1– 7 years: ~9%–11% p.a.

      • Longer durations (up to 10 years): ~12% p.a.

    • For deposits ?3–5 crore, FD Plus versions offer slightly elevated rates: up to ~12% p.a. for certain tenures.

    Additional Highlights

    • Digital Fixed Deposit:

      • Book online with minimum deposit of ?5,000 (?25,000 in branch).

      • No issuance fees and partial premature withdrawal (up to 25%) allowed. 

    • Penalty for Early Withdrawal:

      • Generally 1% of interest earned may be deducted if you withdraw before maturity. FD Interest Calculation:

      • <6 months: Fixed interest.


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