How to Open Shivalik Small Finance Bank Fixed Deposit Account

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Updated 06 Sep 2023

In the realm of financial investments, fixed deposits (FD) have held a prominent place due to their safety, reliability, and assured returns. Amid the vast sea of banking institutions, Shivalik Small Finance Bank has carved a niche, offering many FD options suited to a diverse clientele.

Suppose you are contemplating where to place your hard-earned money with the intent of future security. In that case, this article will guide you on opening an FD account with Shivalik Small Finance Bank and other pertinent details.

How to open an FD account in Shivalik Small Finance Bank

Visit the bank's official website, navigate to 'fixed deposit', and click on 'net banking login'.
Log in or create a new account if needed.
You'll be redirected to a page to fill in details such as FD tenure, nominee account, and digital signature.
Confirm your details and upload the necessary documents.
Deposit the desired FD amount using net banking.
You'll receive an acknowledgement receipt. Keep it safe.

Earn Once in a decade FD Returns

Lock in returns as high as 9.5% before they go down

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Eligibility Criteria

A resident citizen of India
Non-Resident Indians (NRI)
Senior citizens in India
Hindu Undivided Families (HUFs)
Minors via parents/guardians
Sole proprietorships
Partnership firms
Societies, trusts, clubs, and associations

Documents Required

Identity proofs

PAN card
Passport
Driving license
Aadhaar card
Voter ID card

Address proofs

Driving license
Passport
Aadhaar card
Utility bill (electricity, telephone, etc.)
Property or municipal tax receipt

FAQs

Is there a right time to invest in a fixed deposit?

It depends on financial goals, risk appetite, and prevailing interest rates. Ideally, when interest rates are high.

Why choose FD over other investments with better returns?

FDs offer guaranteed returns with lower risk compared to other instruments.

Does the ₹5 lakhs DICGC insurance cover apply to Shivalik Small Finance Bank FD?

Yes, it applies.

What is the minimum investment period for FDs?

At Shivalik Small Finance Bank, it's 7 days.

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