What is Fixed Deposit Savings?


Fixed Deposit Savings is a product for disciplined, long-term savers who want to lock a lump sum for a defined duration while earning interest. This product is ideal for those who do not need immediate access to their funds.

Key Details:

  • Interest Rate: 9.5% – 17.5% per annum (tiered by duration)
  • Withdrawals: Only allowed via breaking the plan; early withdrawal forfeits accrued interest
  • Top-Up: Not allowed (one-time deposit)
  • Halal-Compliant: Option to opt out of interest



 FAQs

  • Minimum Duration: 1, 3, 6, 12 months
  • Early Withdrawal: Allowed but forfeits interest
  • Top-Up: Not allowed
  • Notifications: You will receive a notification at maturity
  • Halal Compliance: Interest can be opted out of