Secure Your Future with Harco Bank Fixed Deposits
Earn attractive returns on your savings with our flexible Fixed Deposit schemes.
Opening of Fixed Deposit
In a **Fixed Deposit** scheme, the amount deposited by the customer is invested for a **fixed time or specific period**, repayable on maturity with agreed rates of interest. Interest is typically payable as simple interest, either **monthly or quarterly**.
An account can be opened in the name of an individual (in their own name), two or more persons, or in the name of an institution, trust, society, or a minor under the guardianship of natural parents.
The customer has to complete all the necessary formalities as well as fulfill the documents as per KYC norms, i.e., 2 latest photographs, Address proof, Identification proof etc., as mentioned in saving schemes.
Key Features & Benefits
Attractive Interest Rates
Current interest rates vary from **3.50% to 6.80%** on different time periods, reviewed from time to time.
Senior Citizen Benefits
**0.50% additional rate** for senior citizens and **0.75% additional rate** for super senior citizens on term deposits.
Loan Against FD
Customers can avail a loan facility up to **85% of the Fixed Deposit amount**.
Premature Withdrawal
No interest is paid if the deposit is withdrawn before 14 days. No penalty charged if reinvested for a longer period in the same branch.
Flexible Tenures
Choose from various time periods to suit your financial goals and liquidity needs.
Guaranteed Returns
Enjoy assured returns on your investment, providing peace of mind and financial stability.
Current Interest Rates (Indicative)
*Rates are subject to change. Please contact your nearest branch for the most current rates.*
| Deposit Period | General Public (%) | Senior Citizens (%) | Super Senior Citizens (%) |
|---|---|---|---|
| 15 - 45 Days | 3.50% | 4.00% | 4.25% |
| 46 - 90 Days | 4.00% | 4.50% | 4.75% |
| 91 - 179 Days | 4.50% | 5.00% | 5.25% |
| 180 Days to < 1 Year | 5.00% | 5.50% | 5.75% |
| 1 Year to < 2 Years | 6.00% | 6.50% | 6.75% |
| 2 Years to < 3 Years | 6.50% | 7.00% | 7.25% |
| 3 Years & Above | 6.80% | 7.30% | 7.55% |
Fixed Deposit Calculator
Your FD Maturity Details
Invested Amount: ₹ 0.00
Total Interest Earned: ₹ 0.00
Maturity Amount:
₹ 0.00
Maturity Growth Visualisation
Principal vs. Interest
Interest Accumulation Table
| Year | Starting Balance (₹) | Interest Earned (₹) | Ending Balance (₹) |
|---|
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